Running SCOTUS thread

Shhh. Let them go, they're on a roll.

 

Or pretend to and do nothing.

 

Seems like, but god knows the odds favor someone finding a reason to put the other party on the wrong side of it and it won't happen.

 

The tax legal eagles on here can feel free to correct me, but as a layman, it doesn’t seem that difficult. Colleges use scholarships for students = Not taxable. Kids get paid for selling Bob Booster’s Burgers = taxable.

Even if they have to pay 25 percent of their endorsement income to Irwin R. Shyster, they’ll still be getting 75 percent more than what they did with the NCAA’s antiquated system.

 

A quick google showed any scholarship money you receive that goes toward qualified expenses is tax free. If you pocket any of the scholarship money or use it for non qualified expenses it is taxed. And that’s what it is already.

My guess if this ruling somehow changed that, SEC senators will fix the tax code real quick.

 

Yeah, expect the "cost of attendance" stipend to triple or quadruple.

 

I would have bet my left nut that SEC senators wouldn’t have voted for a bill that killed the tax exemption on required donations for college sports season tickets. But they did. If they wouldn’t go to bat for the guy with a chain of car dealerships and a luxury box in Tuscaloosa, Gainesville or College Station, they sure as shit aren’t doing it for some 18-year-old black kid on the field.

 

Touche. I just thought if it started to affect which kids could play because now they had a tax liability, the senators would protect the product. But you’re right, if they didn’t stick their necks out for boosters, try may not for athletes. It was just my train of thought.

 

There is a place for amateurism and the NCAA hasn't been it since probably 1980 or so.

 

Here's the thing though, it isn't like the NCAA has some magic pot of money it's been hording over the years. Most athletic departments struggle to break even (and/or need student subsidies to do so).
So yes, more money will flow to athletes. But where will it come from? lower coaching salaries, fewer athletic department staffers, lower recruiting budgets, fewer "do-dads" in the Football Building, fewer sports period.
When bowl games exploded everyone figured "wow, we got into a bowl!" Only to find out the payout is eaten up by travel and lodging and entertainment costs for all but a handful of games. (And that's IF your fans bought every ticket in their allotment). Throw in the bonuses to the coaches and most bowl games end up costing teams the amount of a New Mexico State guarantee.
It would be interesting if the Bamas and Clemson's of the world end up having to fork out the most for players (above the table now) and in turn - you begin to see more more parity as "big names" realize they won't make much being the 7th 5-star in a class, but might if they are the only 5-star at a school in a decent sized market.

 

Now the University 6 basketball players can afford their own hookers and blow.