UM buying a new team

Can the NCAA ever get anything right? Collectives should not have been allowed in the NIL era. Schools should not be able to negotiate deals. The whole point was to allow athletes to share in the profits that can be made from name, image and likeness. Athletes should benefit equally from video games, jersey sales, etc. but, NIL deals should be between the individual athlete and a willing party. Coaches did not like this, because it was out of their control.

Now, with collectives, the schools can buy athletes. This is not the same as athletes profiting off their own notoriety and marketing ability. Expect Title IX lawsuits and suits from minor sports. Abolish the NCAA and start over.
 
77GTFan said:
Can the NCAA ever get anything right? Collectives should not have been allowed in the NIL era. Schools should not be able to negotiate deals. The whole point was to allow athletes to share in the profits that can be made from name, image and likeness. Athletes should benefit equally from video games, jersey sales, etc. but, NIL deals should be between the individual athlete and a willing party. Coaches did not like this, because it was out of their control.

Now, with collectives, the schools can buy athletes. This is not the same as athletes profiting off their own notoriety and marketing ability. Expect Title IX lawsuits and suits from minor sports. Abolish the NCAA and start over.
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100% agree, however, NIL was approved by the US Supreme Court. I'm not sure the NCAA had the will left to contend with future lawsuits. Once the distinguishing of student-athletes from contract/employment was abolished, it was inevitable. IMPO, the whole college athletics model needs to be blown up and reimagined. That will never happen, so we're stuck with a terribly broken system.
 
stinger78 said:
100% agree, however, NIL was approved by the US Supreme Court. I'm not sure the NCAA had the will left to contend with future lawsuits. Once the distinguishing of student-athletes from contract/employment was abolished, it was inevitable. IMPO, the whole college athletics model needs to be blown up and reimagined. That will never happen, so we're stuck with a terribly broken system.
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The real misstep was fighting to preserve the illusion of amateurism for as long as possible instead of seeing the writing on the wall and working on a structured resolution. That put them behind the eight ball and allowed for the free-for-all that we have now.
 
gtfan088 said:
The real misstep was fighting to preserve the illusion of amateurism for as long as possible instead of seeing the writing on the wall and working on a structured resolution. That put them behind the eight ball and allowed for the free-for-all that we have now.
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This is the big thing. They had decided to not do it at all until it was literally forced on them and the decisions got taken out of their hands. Now I'm sure they're afraid to touch it at all in fear of another lawsuit they think they'll lose.
 
I'm still waiting on the decision that levies taxes on all that NIL these students are making. You can bet there is a group/groups behind all this that will line their pockets, from the IRS to marketing execs, to wherever.
 
stinger78 said:
I'm still waiting on the decision that levies taxes on all that NIL these students are making. You can bet there is a group/groups behind all this that will line their pockets, from the IRS to marketing execs, to wherever.
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I'm sure this is already the case. It's income, so it's taxed.
 
stinger78 said:
I'm still waiting on the decision that levies taxes on all that NIL these students are making. You can bet there is a group/groups behind all this that will line their pockets, from the IRS to marketing execs, to wherever.
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Why wouldn’t it be taxable now? It’s income just like any other celebrity endorsement.

If you’re saying that players aren’t reporting today then there are a lot of dimes to drop to the IRS in Athens.
 
Shouldn’t there be a salary cap on this öööö like the NFL has?
 
THWG247 said:
Shouldn’t there be a salary cap on this öööö like the NFL has?
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Salary cap is only legal if you have a collective bargaining agreement with a players union.
 
FullMetalBuzz said:
Why wouldn’t it be taxable now? It’s income just like any other celebrity endorsement.

If you’re saying that players aren’t reporting today then there are a lot of dimes to drop to the IRS in Athens.
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It may be. I'm pretty sure that the "scholarship" and the COA they have been receiving are not, but now should be since they are no longer amateurs.
 
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