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[QUOTE="javadoc, post: 5444088, member: 338"]
Based on a simple search, it looks like the direct payments to athletes are taxable.  And that the athletes are regarded as independent contractors, so they have to withhold payroll taxes as well as income tax on their own - schools won't be doing that.  Hope Fran is keeping the players advised on how to handle this.

But here's the thing now.  In the old days, the bagmen were working in an environment when the student-athletes were considered fully amateur and were being "paid" in-kind through the scholarships, which were not taxable.  Now, the landscape is fundamentally different IMO.  The players are now much closer to being employees, and all this money, above the table - both NIL and the direct payments - is taxable.  The expectation in this landscape is that money going to the players is taxable.  And while it might have been true before, it is now visibly and unquestionably true that players who take those bags are committing federal tax fraud.

And I hope that someone pursues it.  And that the boosters get theirs as well.
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