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NIL Issues

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ILLINICHIEF

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NIL Issues
« on: April 04, 2025, 11:21:58 AM »
I'm sure Illinois is the ONLY school having issues right...players not reporting $$$...Hmmm, can't imagine that.

https://www.sportsbusinessjournal.com/Articles/2025/04/04/discrepancies-found-in-univ-of-illinois-athletes-reporting-of-nil-deals/

Gonna get worse
« Last Edit: April 04, 2025, 11:23:34 AM by ILLINICHIEF »
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Somewhere in Mn

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Re: NIL Issues
« Reply #1 on: April 04, 2025, 11:29:34 AM »
I'm sure Illinois is the ONLY school having issues right...players not reporting $$$...Hmmm, can't imagine that.

https://www.sportsbusinessjournal.com/Articles/2025/04/04/discrepancies-found-in-univ-of-illinois-athletes-reporting-of-nil-deals/

Gonna get worse
I stopped here .......

"navigating a relatively new terrain rife with legal, moral and financial pitfalls.”

The NCAA: Omg, we have to DO something !!!!!! How about we create a new terrain rife with legal, moral and financial pitfalls ?

Good thinkin. Lol

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Jobu

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Re: NIL Issues
« Reply #2 on: April 04, 2025, 11:31:05 AM »
I actually like the DIA's plausible deniability approach.

"We gave these fuckers the app to report their shit. Up to them to do it. *shrugs*"

Fucking coward. Don’t fucking snipe me you fucking…KIKE BITCH! - Meyers Leonard
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Beach Bum

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Re: NIL Issues
« Reply #3 on: April 04, 2025, 12:36:27 PM »
I actually like the DIA's plausible deniability approach.

"We gave these fuckers the app to report their shit. Up to them to do it. *shrugs*"

If a 20 year old demands $1M a year to play bball and gets it, it's not the school's job to ensure he's reporting it legally with the IRS.

U of I didn't file my taxes when I was in Champaign.

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ILLove1997

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Re: NIL Issues
« Reply #4 on: April 04, 2025, 12:50:29 PM »
giving uneducated teenagers millions of dollars sounds like a great idea, what could go wrong
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Jobu

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Re: NIL Issues
« Reply #5 on: April 04, 2025, 01:24:11 PM »
If a 20 year old demands $1M a year to play bball and gets it, it's not the school's job to ensure he's reporting it legally with the IRS.

U of I didn't file my taxes when I was in Champaign.

Yep. That's exactly what I was getting at.
Fucking coward. Don’t fucking snipe me you fucking…KIKE BITCH! - Meyers Leonard
Caleb Williams failed Wayne Whitlock. Priorities?!

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Jobu

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Re: NIL Issues
« Reply #6 on: April 04, 2025, 01:24:56 PM »
giving uneducated teenagers millions of dollars sounds like a great idea, what could go wrong

The IRS could open up a whole new branch for this shit, and keep a lot of agents busy.
Fucking coward. Don’t fucking snipe me you fucking…KIKE BITCH! - Meyers Leonard
Caleb Williams failed Wayne Whitlock. Priorities?!

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Judge Judy

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Re: NIL Issues
« Reply #7 on: April 04, 2025, 01:38:17 PM »
The IRS could open up a whole new branch for this shit, and keep a lot of agents busy.

Not with Trump in office… 😎
Because FOX News told me so…

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Jobu

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Re: NIL Issues
« Reply #8 on: April 04, 2025, 01:40:14 PM »
Not with Trump in office… 😎

Ok. So what little IRS agents are left can audit your shit, and let the NIL stuff go.

Sounds good to me.
Fucking coward. Don’t fucking snipe me you fucking…KIKE BITCH! - Meyers Leonard
Caleb Williams failed Wayne Whitlock. Priorities?!