ph
Benchwarmer
Posts: 94
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Post by ph on May 23, 2024 19:04:23 GMT -6
I wasn’t expecting national change this quickly after Virginia’s law.
This will allow schools to pay players their part of revenue sharing
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Post by SFP on May 23, 2024 21:12:18 GMT -6
What's going to happen with the rest? Can The Big East directly pay their students? To me this is just a Band-Aid.
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Post by tribecalledquest2024 on May 23, 2024 21:13:41 GMT -6
I wasn’t expecting national change this quickly after Virginia’s law. This will allow schools to pay players their part of revenue sharing "Several athletic directors told ESPN that they are hopeful the settlement lays the groundwork for a system in which success on the field is less dependent on which schools can spend the most money." No P5 AD actually believes this. Also - find something you love as much as NCAA and College Administrators LOVE using the phrase "student-athlete" as if the USC QB is exactly the same as a CC runner at Evansville. They keep wanting "equality" when it doesn't exist.
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ph
Benchwarmer
Posts: 94
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Post by ph on May 23, 2024 22:03:10 GMT -6
I wonder if this means boosters can make tax free donations to colleges that can be used to pay athletes? Current NIL collectives do kot have that tax free status for donating.
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Post by catalyst82 on May 23, 2024 22:06:00 GMT -6
I can't wait to read this settlement language. The power conferences get to make their own rules, too, which of course they do. How are mid majors going to compete if they have to spend a percentage of their revenue (which is often just from one sport) when they may be barely breaking even or losing money? Athletic departments are just supposed to take 20% haircuts over this?
Here is what the result will probably be: you won't see as much non-revenue sports on TV just to avoid the revenue sharing, non-revenue sports will be cancelled (or forced into club status) because they are now more expensive, and we will get a ton of Title IX litigation as a result. We're going to get tons of political blowback when the highest paid government employee in some backwater state is a college quarterback "employee."
Now we've just put the state governments in play since this is state tax dollars we are talking about for all the big major conferences. It's a pretty easy political argument to make that your tax dollars shouldn't be spent on some football player's salary when you've got $150,000 in student loan debt.
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Post by tribecalledquest2024 on May 23, 2024 22:07:29 GMT -6
I can't wait to read this settlement language. The power conferences get to make their own rules, too, which of course they do. How are mid majors going to compete if they have to spend a percentage of their revenue (which is often just from one sport) when they may be barely breaking even or losing money? Athletic departments are just supposed to take 20% haircuts over this? Here is what the result will probably be: you won't see as much non-revenue sports on TV just to avoid the revenue sharing, non-revenue sports will be cancelled because they are now more expensive, and we will get a ton of Title IX litigation as a result. We're going to get tons of political blowback when the highest paid government employee in some backwater state is a college quarterback "employee." The non revenue sports can just go non scholarship at the D1 level. No reason that can’t happen and it would actually benefit the university overall.
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Post by catalyst82 on May 23, 2024 22:13:08 GMT -6
I can't wait to read this settlement language. The power conferences get to make their own rules, too, which of course they do. How are mid majors going to compete if they have to spend a percentage of their revenue (which is often just from one sport) when they may be barely breaking even or losing money? Athletic departments are just supposed to take 20% haircuts over this? Here is what the result will probably be: you won't see as much non-revenue sports on TV just to avoid the revenue sharing, non-revenue sports will be cancelled because they are now more expensive, and we will get a ton of Title IX litigation as a result. We're going to get tons of political blowback when the highest paid government employee in some backwater state is a college quarterback "employee." The non revenue sports can just go non scholarship at the D1 level. No reason that can’t happen and it would actually benefit the university overall. Pretty sure they cannot do that because of Title IX scholarship proportionality requirements. You can't have 100 men getting scholarships for football and basketball and 15 women for just basketball. Just making up for the 85 football scholarships will be impossible.
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Post by tribecalledquest2024 on May 23, 2024 22:29:03 GMT -6
The non revenue sports can just go non scholarship at the D1 level. No reason that can’t happen and it would actually benefit the university overall. Pretty sure they cannot do that because of Title IX scholarship proportionality requirements. You can't have 100 men getting scholarships for football and basketball and 15 women for just basketball. Just making up for the 85 football scholarships will be impossible. But at a place like Bradley it can easily be done. Football schools will have a tougher hill to climb. Being a non football D1 won’t be the worst thing in the world.
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Post by Butler Blue on May 24, 2024 7:21:25 GMT -6
Next shoes to drop:
Lawsuits over tuition “fees” going toward salaries of “student athletes”. A lot of college students already don’t like paying for athletics. They definitely won’t like paying for their classmates’ salaries.
Official talks surrounding the establishment of NCAA Division I-AA basketball, and subsequent tournament(s).
Discussions regarding lowering the number of sport programs by an institution to maintain NCAA D-I status.
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Post by tribecalledquest2024 on May 24, 2024 7:38:28 GMT -6
If I am running an athletic department and I am paying my players now the first thing I’m doing is taking away scholarships. Why do both?
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Post by catalyst82 on May 24, 2024 8:59:30 GMT -6
If I am running an athletic department and I am paying my players now the first thing I’m doing is taking away scholarships. Why do both? And if athletes are now employees (unclear to me, but I bet the IRS sees it that way) those scholarships have to be taxed as income. Non-revenue athletes are going to be in for a rude awakening.
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Post by Butler Blue on May 24, 2024 11:30:46 GMT -6
If I am running an athletic department and I am paying my players now the first thing I’m doing is taking away scholarships. Why do both? And if athletes are now employees (unclear to me, but I bet the IRS sees it that way) those scholarships have to be taxed as income. Non-revenue athletes are going to be in for a rude awakening. So they'll need to establish a union to negotiate and collectively bargain everything for them. Will they be permitted to strike collectively? Will the coaches be limited to 20 hours per week? Will the players be hourly or salaried (exempt) employees?
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ph
Benchwarmer
Posts: 94
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Post by ph on May 24, 2024 11:46:58 GMT -6
And if athletes are now employees (unclear to me, but I bet the IRS sees it that way) those scholarships have to be taxed as income. Non-revenue athletes are going to be in for a rude awakening. So they'll need to establish a union to negotiate and collectively bargain everything for them. Will they be permitted to strike collectively? Will the coaches be limited to 20 hours per week? Will the players be hourly or salaried (exempt) employees? Isn’t it common that University employees get free tuition already? (Although I don’t know if that benefit is also taxable income)
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Post by Braves4Life on May 24, 2024 12:00:20 GMT -6
So they'll need to establish a union to negotiate and collectively bargain everything for them. Will they be permitted to strike collectively? Will the coaches be limited to 20 hours per week? Will the players be hourly or salaried (exempt) employees? Isn’t it common that University employees get free tuition already? (Although I don’t know if that benefit is also taxable income) The cost of tuition is added to an employee's taxable income and taxes paid on it.
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Post by catalyst82 on May 24, 2024 12:22:24 GMT -6
And if athletes are now employees (unclear to me, but I bet the IRS sees it that way) those scholarships have to be taxed as income. Non-revenue athletes are going to be in for a rude awakening. So they'll need to establish a union to negotiate and collectively bargain everything for them. Will they be permitted to strike collectively? Will the coaches be limited to 20 hours per week? Will the players be hourly or salaried (exempt) employees? "Sorry coach, I have to study for these midterms." "Sounds like you're not coming in to work. This is three strikes this quarter, so you're fired."
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Post by SFP on May 24, 2024 13:34:11 GMT -6
How much will this effect BU in the short term and long term? Football is dictating all these changes due to the enormous revenue it generates. How will the NFL respond? Will they create a G League like the NBA did? They'll need to protect their stream of players. Interesting times.
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Post by squirrel on May 24, 2024 14:57:56 GMT -6
Many will wish they would have just accepted their six-figure free ride to begin with.
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