althea
The walls are closing in!
- Joined
- May 27, 2020
- Messages
- 1,373
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Yeah. Another aspect that’s lost in this is a 20 year old male with a car that puts out about 720 hp. What could go wrong?Such BS.
Yeah. Another aspect that’s lost in this is a 20 year old male with a car that puts out about 720 hp. What could go wrong?Such BS.
I ask again, what's wrong with this? If a car dealership wants to sponsor a 21 year old NBA player for publicity they can, so why not a 21 year old college player? Also, he has over 150k followers on instagram. Plus all the people sharing this image. So that place is getting some incredible publicity, which is the point of advertising, no?Such BS.
Yes because once you leave college you become a perfect driver that doesn't drive dangerously or get into accidents.Yeah. Another aspect that’s lost in this is a 20 year old male with a car that puts out about 720 hp. What could go wrong?
I don't have a problem with it. I would like to know how it works. Does the kid now own the car? Is it a lease? What if he transfers? It will be very interesting to see how these things play out over the next few years.I ask again, what's wrong with this? If a car dealership wants to sponsor a 21 year old NBA player for publicity they can, so why not a 21 year old college player? Also, he has over 150k followers on instagram. Plus all the people sharing this image. So that place is getting some incredible publicity, which is the point of advertising, no?
Yes because once you leave college you become a perfect driver that doesn't drive dangerously or get into accidents.
I don’t have a problem with LSU boosters buying stuff for their players, but your argument is silly. That’s why god invented actuaries.Yes because once you leave college you become a perfect driver that doesn't drive dangerously or get into accidents.
I ask again, what's wrong with this? If a car dealership wants to sponsor a 21 year old NBA player for publicity they can, so why not a 21 year old college player? Also, he has over 150k followers on instagram. Plus all the people sharing this image. So that place is getting some incredible publicity, which is the point of advertising, no?
Yes because once you leave college you become a perfect driver that doesn't drive dangerously or get into accidents.
So if a student athlete is receiving a vehicle in return for an endorsement, who is paying the income tax on that perk? Even if its considered a lease for three years, that's $15,000-$20,000 of taxable income.
It ended a long time ago.The NIL is the end of true amateur college athletics as I / we knew them, flawed as they may have been.
Not all change is good, I’d say this is the prototypical example of a bad change.
I am not against the free market, I’m against the end of true amateur sports.
It was wonderful while it lasted!
The NIL is the end of true amateur college athletics as I / we knew them, flawed as they may have been.
Not all change is good, I’d say this is the prototypical example of a bad change.
I am not against the free market, I’m against the end of true amateur sports.
It was wonderful while it lasted!
It ended a long time ago.
I’m just guessing here but maybe the car Dealer could amortize it as an annual gift - somewhere near the $15000 / yr threshold and avoid tax.So if a student athlete is receiving a vehicle in return for an endorsement, who is paying the income tax on that perk? Even if its considered a lease for three years, that's $15,000-$20,000 of taxable income.
Yeah. Another aspect that’s lost in this is a 20 year old male with a car that puts out about 720 hp. What could go wrong?
Yeah: let the adults with jobs make all the money and the kids sacrificing their bodies get peanuts. SU isn’t getting ANY recruits LSU wants, so what does it matter.Such BS.
It’s not, and can’t be, a gift. It’s for use of NIL.I’m just guessing here but maybe the car Dealer could amortize it as an annual gift - somewhere near the $15000 / yr threshold and avoid tax.
Yeah: let the adults with jobs make all the money and the kids sacrificing their bodies get peanuts. SU isn’t getting ANY recruits LSU wants, so what does it matter.
Of course it’s a recruiting tool: it’s just gone public. They can pay what they want and call it NIL. Of course, the kids will now have to pay taxes.it’s not the NIL. It’s gonna be a recruiting tool.
Well if SU has a car dealer that wants to do this, they're more than welcome to.it’s not the NIL. It’s gonna be a recruiting tool.
Well if SU has a car dealer that wants to do this, they're more than welcome to.