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House Settlement Approved
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[QUOTE="javadoc, post: 5444261, member: 338"] How? The House settlement may not explicitly legislate a salary cap, but by endorsing an arrangement in which each team's total payments to athletes ae capped, it's a salary cap in everything but name. AND it's all taxable. As is NIL. How are schools not going to "play nice" with this? The only allowable channels for athlete payment are thru the settlement's revenue-sharing structure and NIL. And NIL now has to go through an official clearinghouse and be vetted... and taxed. Any other under-handed arrangement to shuffle money to players is contravening a Congressionally-endorsed financial arrangement, and tax fraud! Boosters acting on their own - or at the nudge-nudge wink-wink direction of the school - may try to act as conduits for the money. Let's play "who wants to be a tax cheat first", and just after Congress said, this is the way it is going to be. May very well happen, and I think the most likely way that Congress gets involved again and legislates the entire league. Hopefully we'd get criminal penalties for the boosters at that stage. Schools can continue to spend in kind, through facilities, but I honestly don't know how much more juice there is to squeeze there. Richer schools can pay the best coaches more and retain them on average, so that's an advantage. But not enough to dominate, as the sport exists now IMO. I actually think the settlement framework levels the field more than it tilts it. Miscreants trying to game or circumvent the setup are not now thumbing their noses only at the NCAA. [/QUOTE]
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