Chillie Willie
All American
Posts: 4,947
Joined: Oct 2012
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I Root For: Old Dominion
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RE: Who will get first paycheck at odu???
(07-21-2021 09:33 AM)bit_9 Wrote: (07-21-2021 08:01 AM)ODUDrunkard13 Wrote: (07-21-2021 07:50 AM)BigBlueMonarch Wrote: And so it begins. The Alabama QB has earned over One Million in endorsements.
https://www.insidehighered.com/quicktake...d8e34afdc8
As usual, the rich get richer and ODU will get screwed.
How is this any different from before? The elite players have always gotten paid if they asked for it. Cam Newton, OJ Mayo, Reggie Bush, Eric Dickerson..
The only differences are now it can be written about with full details by the media, the businesses can mark it as a marketing expense and the players will be treated as contracted employees and expected to pay taxes on those earnings.
The bigger question is who will be the first player charged with tax evasion?
Hah, that's exactly what I was thinking. Some kids are about to get learned on taxes real quick.
Hopefully he gets some good consultants, doesn't spend it all, and maybe gets some disability insurance to help secure his future.
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07-21-2021 10:07 AM |
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