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Texas A&M boosters paying $30M NIL
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[QUOTE="Janner, post: 4113724, member: 739"] I apologize for asking the question because I am sure it was answer somewhere before but, how are taxes factored into the NIL deals? Are the students receiving these funds considered workers? If so some of these kids tax brackets are going to jump significantly, right along with their tax obligations. Hope they are being counseled on this if this is the case. Another question for the accountants. Seems like a lot of money that will be going from, what I presume to be, formally non-taxable educational non-profit funds, to individual taxable funds. Wouldn't this be good for state coffers/revenue adding all these "employees" to the work force (maybe I am looking at this completely wrong)? [/QUOTE]
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