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(04-01-2022 11:49 AM)doss2 Wrote:  

(04-01-2022 10:37 AM)levydl Wrote:  Boosters have long been getting tax breaks for giving money--often millions of dollars--to college sports programs. Now players are getting in on it (and this little scheme will be relatively small, I imagine) and some fans are upset. How surprising . . .

The Tax Cuts and Jobs Act, the U.S. tax reform bill, repealed a rule that allowed taxpayers to deduct 80 percent of a contribution made for the right to purchase tickets for college and university athletic events.

Yes, as long as you give money to one of the funds schools set up that do not give you access to tix, you still get a tax deduction for your donation. Cue the outrage . . .

(04-01-2022 11:53 AM)levydl Wrote:  

(04-01-2022 11:49 AM)doss2 Wrote:  

(04-01-2022 10:37 AM)levydl Wrote:  Boosters have long been getting tax breaks for giving money--often millions of dollars--to college sports programs. Now players are getting in on it (and this little scheme will be relatively small, I imagine) and some fans are upset. How surprising . . .

The Tax Cuts and Jobs Act, the U.S. tax reform bill, repealed a rule that allowed taxpayers to deduct 80 percent of a contribution made for the right to purchase tickets for college and university athletic events.

Yes, as long as you give money to one of the funds schools set up that do not give you access to tix, you still get a tax deduction for your donation. Cue the outrage . . .

Is it not ok to be concerned about armature sports that I really enjoy watching, that seems to be starting to look very similar to pro sports that I don't enjoy as much?

(04-01-2022 12:07 PM)Z-Fly Wrote:  

(04-01-2022 11:53 AM)levydl Wrote:  

(04-01-2022 11:49 AM)doss2 Wrote:  

(04-01-2022 10:37 AM)levydl Wrote:  Boosters have long been getting tax breaks for giving money--often millions of dollars--to college sports programs. Now players are getting in on it (and this little scheme will be relatively small, I imagine) and some fans are upset. How surprising . . .

The Tax Cuts and Jobs Act, the U.S. tax reform bill, repealed a rule that allowed taxpayers to deduct 80 percent of a contribution made for the right to purchase tickets for college and university athletic events.

Yes, as long as you give money to one of the funds schools set up that do not give you access to tix, you still get a tax deduction for your donation. Cue the outrage . . .

Is it not ok to be concerned about armature sports that I really enjoy watching, that seems to be starting to look very similar to pro sports that I don't enjoy as much?

No, it's not OK . . .

Many people love sports but resent the players. Fickell is worth every penny of his $5 mil a year salary, but some linebacker gets $20k from the local car dealer and it's the end of college sports as we know it. Your lamentation for amateur athletics is like 25 years too late.

(04-01-2022 12:30 PM)levydl Wrote:  

(04-01-2022 12:07 PM)Z-Fly Wrote:  

(04-01-2022 11:53 AM)levydl Wrote:  

(04-01-2022 11:49 AM)doss2 Wrote:  

(04-01-2022 10:37 AM)levydl Wrote:  Boosters have long been getting tax breaks for giving money--often millions of dollars--to college sports programs. Now players are getting in on it (and this little scheme will be relatively small, I imagine) and some fans are upset. How surprising . . .

The Tax Cuts and Jobs Act, the U.S. tax reform bill, repealed a rule that allowed taxpayers to deduct 80 percent of a contribution made for the right to purchase tickets for college and university athletic events.

Yes, as long as you give money to one of the funds schools set up that do not give you access to tix, you still get a tax deduction for your donation. Cue the outrage . . .

Is it not ok to be concerned about armature sports that I really enjoy watching, that seems to be starting to look very similar to pro sports that I don't enjoy as much?

No, it's not OK . . .

Many people love sports but resent the players. Fickell is worth every penny of his $5 mil a year salary, but some linebacker gets $20k from the local car dealer and it's the end of college sports as we know it. Your lamentation for amateur athletics is like 25 years too late.

Oh, you just decided it wasn't OK? LoL. This clearly won't go anywhere, but I'll try.

I'll make this super super easy. If you want to be a professional, play in a professional league. They exist. If they don't, there is a reason for that.

Lamentation.. LoL Nice.

(04-01-2022 12:54 PM)Z-Fly Wrote:  

(04-01-2022 12:30 PM)levydl Wrote:  

(04-01-2022 12:07 PM)Z-Fly Wrote:  

(04-01-2022 11:53 AM)levydl Wrote:  

(04-01-2022 11:49 AM)doss2 Wrote:  The Tax Cuts and Jobs Act, the U.S. tax reform bill, repealed a rule that allowed taxpayers to deduct 80 percent of a contribution made for the right to purchase tickets for college and university athletic events.

Yes, as long as you give money to one of the funds schools set up that do not give you access to tix, you still get a tax deduction for your donation. Cue the outrage . . .

Is it not ok to be concerned about armature sports that I really enjoy watching, that seems to be starting to look very similar to pro sports that I don't enjoy as much?

No, it's not OK . . .

Many people love sports but resent the players. Fickell is worth every penny of his $5 mil a year salary, but some linebacker gets $20k from the local car dealer and it's the end of college sports as we know it. Your lamentation for amateur athletics is like 25 years too late.

Oh, you just decided it wasn't OK? LoL. This clearly won't go anywhere, but I'll try.

I'll make this super super easy. If you want to be a professional, play in a professional league. They exist. If they don't, there is a reason for that.

Lamentation.. LoL Nice.

I was being sarcastic in response to your rhetorical question.

If schools want amateur athletics, be an amateur league. Those exist too: D3 hoops, non-revenue sports, etc. If coaches and schools and leagues and TV partners are going to make millions of dollars, then it's silly and telling to be mad when players are allowed get paid.

I do think college hoops was a lot better back in the day, and I do think it kinda sucks how things are trending, but anger at the players is misdirected.

(04-01-2022 02:43 PM)levydl Wrote:  

(04-01-2022 12:54 PM)Z-Fly Wrote:  

(04-01-2022 12:30 PM)levydl Wrote:  

(04-01-2022 12:07 PM)Z-Fly Wrote:  

(04-01-2022 11:53 AM)levydl Wrote:  Yes, as long as you give money to one of the funds schools set up that do not give you access to tix, you still get a tax deduction for your donation. Cue the outrage . . .

Is it not ok to be concerned about armature sports that I really enjoy watching, that seems to be starting to look very similar to pro sports that I don't enjoy as much?

No, it's not OK . . .

Many people love sports but resent the players. Fickell is worth every penny of his $5 mil a year salary, but some linebacker gets $20k from the local car dealer and it's the end of college sports as we know it. Your lamentation for amateur athletics is like 25 years too late.

Oh, you just decided it wasn't OK? LoL. This clearly won't go anywhere, but I'll try.

I'll make this super super easy. If you want to be a professional, play in a professional league. They exist. If they don't, there is a reason for that.

Lamentation.. LoL Nice.

I was being sarcastic in response to your rhetorical question.

If schools want amateur athletics, be an amateur league. Those exist too: D3 hoops, non-revenue sports, etc. If coaches and schools and leagues and TV partners are going to make millions of dollars, then it's silly and telling to be mad when players are allowed get paid.

I do think college hoops was a lot better back in the day, and I do think it kinda sucks how things are trending, but anger at the players is misdirected.

I agree with you, D1 NCAA has always been a professional league for everyone but the athletes (and even that is debatable given that scholarships have monetary value). Plus of course some athletes were being paid, just in an under-the-table way. In principle NIL is a good idea. Hopefully things will start to settle down once the newness wears off.

(04-01-2022 03:51 PM)skyblade Wrote:  

(04-01-2022 02:43 PM)levydl Wrote:  

(04-01-2022 12:54 PM)Z-Fly Wrote:  

(04-01-2022 12:30 PM)levydl Wrote:  

(04-01-2022 12:07 PM)Z-Fly Wrote:  Is it not ok to be concerned about armature sports that I really enjoy watching, that seems to be starting to look very similar to pro sports that I don't enjoy as much?

No, it's not OK . . .

Many people love sports but resent the players. Fickell is worth every penny of his $5 mil a year salary, but some linebacker gets $20k from the local car dealer and it's the end of college sports as we know it. Your lamentation for amateur athletics is like 25 years too late.

Oh, you just decided it wasn't OK? LoL. This clearly won't go anywhere, but I'll try.

I'll make this super super easy. If you want to be a professional, play in a professional league. They exist. If they don't, there is a reason for that.

Lamentation.. LoL Nice.

I was being sarcastic in response to your rhetorical question.

If schools want amateur athletics, be an amateur league. Those exist too: D3 hoops, non-revenue sports, etc. If coaches and schools and leagues and TV partners are going to make millions of dollars, then it's silly and telling to be mad when players are allowed get paid.

I do think college hoops was a lot better back in the day, and I do think it kinda sucks how things are trending, but anger at the players is misdirected.

I agree with you, D1 NCAA has always been a professional league for everyone but the athletes (and even that is debatable given that scholarships have monetary value). Plus of course some athletes were being paid, just in an under-the-table way. In principle NIL is a good idea. Hopefully things will start to settle down once the newness wears off.

Yeah just like it has with free agency in MLB and the NFL (did ya see Deshaun Watson's new contract?)

I think whatever deals kids are making now will look absurdly low compared to what they will be getting within the next ten years. Also, kids that can play that happen to slip through the cracks and end up with a mid major will only be there one year.

Between NIL and the portal, there is a good chance that my enjoyment of college basketball will eventually be ruined. Maybe not - we'll see. Having said that, I'm happy for the athletes that they can now move on to new opportunities more easily and make some money during their college careers. Both are bad for the game, but obviously good for the kids, so I think they were long overdue.

In 10 years, if the NCAA doesn't get this under control you'll have a case of teams in the same boat as SMU in the late 70's & 80's.

Well, looks like one of our future conference mates is going headlong into the NIL game, and basically creating 100 scholarship spots on their team instead of the 85 limit because of it. Get ready...

Quote:The Matador Club, a non-profit collective organized by Texas Tech donors, plans this week to sign 100 Red Raiders football players each to one-year, $25,000 contracts.

Cody Campbell, a founding member of the Matador Club board of directors, said all 85 scholarship players and 15 of the top walk-ons will be covered under the agreements. In return, they'll be expected to do community service and charitable work around Lubbock and, in the future, possibly other West Texas cities.

https://www.lubbockonline.com/story/spor...375501007/

Charity work will likely include appearing in car dealership commercials.

(07-19-2022 10:33 AM)Bruce Monnin Wrote:  Charity work will likely include appearing in car dealership commercials.

Hey, with how bad some dealers are doing, I might actually allow that

I heard the commish of the SEC saying that some of these players are signing contract without reading the fine print when it comes to paying the money back. Some of these players are going to learn a hard lesson on how the real world works.

I've always wondered what happens if/when the guy turns out to not that great. If they get a one-year NIL for $25K but don't crack the two-deep or they do crack the two-deep and they are just an average player, there's a chance the following year they get $0 or some small sum. I have to imagine this will result in some discord. Of course they will probably just do what they do now and hit the transfer portal.