Quote:
Originally Posted by Shipping up to Boston
NIL resulted from the NCAA monopolization of its student athletes. The fact is....college sports are the economic engine for most D1 colleges/universities.....not the Sci Tech, Biology and History buildings on said campuses. You can make an argument that that is the wrong priority...but you can’t argue the fact. Because NIL was a result of court action....it’s implementation and roll out was pretty unrestricted. I think it needs to be scaled at some point. As far as HS athletes...there simply isn’t that much of an NIL marketplace unless you were some sort of generational talent or Lebrons kid! In either case, if someone is making money off of your name, image or likeness....I definitely have no problem with anyone....regardless of age, ‘copyrighting’ their brand from these ‘pirates’!
|
So now that there is a movement toward student athletes becoming "employees" of their university by getting paid by the school, will the student athletes be responsible for income taxes on the value of their education. Schools such as Harvard, USC, Stanford etc are now charging $85k per year plus in tuition. What about the value of the nutritional three squares the athletes get at their training table daily? I fear a Pandora box has been opened that can never be closed. In the real corporate world, employees are responsible for the taxes on any additional benefits they received over a certain threshold.