John's decision was based on the new rule the NCAA put out

[Ibdancin]

It would put him directly on the hook for NIL and show his weakness. At Auburn, people have been taking care of it for years! He doesn't have to do it. At MSU, he had many strikes and the NIL ruling just passed down will reflect poorly on him


Athletic departments are able to help fundraise for collectives, including, for example, an administrator appearing at events. They can also provide donor information and facilitate meetings between the collective and booster.


Schools also can request donors provide funds to collectives and other NIL entities, provided the schools do not request that those funds be directed to a specific sport or student-athlete.


“The NIL landscape is constantly evolving, and the Board of Directors decided it was important to offer further guidance with respect to a number of key questions that have arisen recently,” chair of the D1 board and University of Georgia president Jere Morehead said in the release. “As we continue to reinforce current NCAA rules, we expect to offer further guidance in the future on what should and should not be done when engaged in these activities. We are committed to fostering a fair and appropriate NIL environment that supports our students and complies with our rules.”

NCAA releases updated NIL guidance aimed at institutions

The NCAA Division I Board of Directors has released updated guidance related to what role member institutions are allowed to play in NIL.

www.on3.com

 

[ckDOG]

Who is on the short list that is going to help MSU become competitive in this regard? All I really care about at this point...

 

[horshack.sixpack]

It would put him directly on the hook for NIL and show his weakness. At Auburn, people have been taking care of it for years! He doesn't have to do it. At MSU, he had many strikes and the NIL ruling just passed down will reflect poorly on him


Athletic departments are able to help fundraise for collectives, including, for example, an administrator appearing at events. They can also provide donor information and facilitate meetings between the collective and booster.


Schools also can request donors provide funds to collectives and other NIL entities, provided the schools do not request that those funds be directed to a specific sport or student-athlete.


“The NIL landscape is constantly evolving, and the Board of Directors decided it was important to offer further guidance with respect to a number of key questions that have arisen recently,” chair of the D1 board and University of Georgia president Jere Morehead said in the release. “As we continue to reinforce current NCAA rules, we expect to offer further guidance in the future on what should and should not be done when engaged in these activities. We are committed to fostering a fair and appropriate NIL environment that supports our students and complies with our rules.”

NCAA releases updated NIL guidance aimed at institutions

The NCAA Division I Board of Directors has released updated guidance related to what role member institutions are allowed to play in NIL.

www.on3.com

I assumed it was because he read SPS***

 

[AstroDog]

We rank at the absolute bottom of the NIL barrel in the SEC. And just a few fans who I have talked too within the last couple months said they would NEVER donate to an NIL fund at MSU or any other school......EVER! They feel they buy tickets, show up for games, donate to the Bulldog Club, etc, etc. For whatever reason, they think they've done enough and will not change with the times by supporting the new NIL landscape. It's unfortunate, but this mindset may be more prevalent than we think for a lot of fans. Could be a reason that we are currently at the bottom. The new AD is going to have to address this shortcoming or it's going to be really tough to compete.

 

[mcdawg22]

It would put him directly on the hook for NIL and show his weakness. At Auburn, people have been taking care of it for years! He doesn't have to do it. At MSU, he had many strikes and the NIL ruling just passed down will reflect poorly on him


Athletic departments are able to help fundraise for collectives, including, for example, an administrator appearing at events. They can also provide donor information and facilitate meetings between the collective and booster.


Schools also can request donors provide funds to collectives and other NIL entities, provided the schools do not request that those funds be directed to a specific sport or student-athlete.


“The NIL landscape is constantly evolving, and the Board of Directors decided it was important to offer further guidance with respect to a number of key questions that have arisen recently,” chair of the D1 board and University of Georgia president Jere Morehead said in the release. “As we continue to reinforce current NCAA rules, we expect to offer further guidance in the future on what should and should not be done when engaged in these activities. We are committed to fostering a fair and appropriate NIL environment that supports our students and complies with our rules.”

NCAA releases updated NIL guidance aimed at institutions

The NCAA Division I Board of Directors has released updated guidance related to what role member institutions are allowed to play in NIL.

www.on3.com

Is Brackey still here? Enough said.

 

[ronpolk]

We rank at the absolute bottom of the NIL barrel in the SEC. And just a few fans who I have talked too within the last couple months said they would NEVER donate to an NIL fund at MSU or any other school......EVER! They feel they buy tickets, show up for games, donate to the Bulldog Club, etc, etc. For whatever reason, they think they've done enough and will not change with the times by supporting the new NIL landscape. It's unfortunate, but this mindset may be more prevalent than we think for a lot of fans. Could be a reason that we are currently at the bottom. The new AD is going to have to address this shortcoming or it's going to be really tough to compete.

I don’t have a problem with people not wanting to donate to NIL. I am a supporter of players being able to earn money on their name, should have been able to years ago. But I don’t feel the need to contribute to that. I contribute to the bulldog club. If the athletic department would rather me direct that money to NIL, I’d consider it. However, I’m just not doing both and my loyalty is to the university, which is why I give to the bulldog club.

 

[Boom Boom]

We rank at the absolute bottom of the NIL barrel in the SEC. And just a few fans who I have talked too within the last couple months said they would NEVER donate to an NIL fund at MSU or any other school......EVER! They feel they buy tickets, show up for games, donate to the Bulldog Club, etc, etc. For whatever reason, they think they've done enough and will not change with the times by supporting the new NIL landscape. It's unfortunate, but this mindset may be more prevalent than we think for a lot of fans. Could be a reason that we are currently at the bottom. The new AD is going to have to address this shortcoming or it's going to be really tough to compete.

I spend a grand a year just on tickets, plus much more on indirect costs, just to see games that I can watch on TV for free. Just how much more do you think I should be giving??

 

[Preacher Franklin]

Interestingly, back in the 60's, the NCAA stepped in and made rules on student-athletic dorms. At that time schools like Alabama had plush dorms that the smaller schools could never match. Small schools screamed. Later the NCAA said ok to athletic dorms but it had to be a mix of student-athletes and regular students, a 51-49 mix. Small schools and some P5 schools can't come up with NIL money like the big schools can. The baseless NCAA is worthless now. Money drives everything and it's going to hamper intercollegiate athletes. JMHO

 

[BigDawg0074]

Interestingly, back in the 60's, the NCAA stepped in and made rules on student-athletic dorms. At that time schools like Alabama had plush dorms that the smaller schools could never match. Small schools screamed. Later the NCAA said ok to athletic dorms but it had to be a mix of student-athletes and regular students, a 51-49 mix. Small schools and some P5 schools can't come up with NIL money like the big schools can. The baseless NCAA is worthless now. Money drives everything and it's going to hamper intercollegiate athletes. JMHO

Maybe it will but this is the best college football season I’ve seen in years. IDK if that’s NIL or not but I like what I’m seeing.

 

[Trojanbulldog19]

I spend a grand a year just on tickets, plus much more on indirect costs, just to see games that I can watch on TV for free. Just how much more do you think I should be giving??

The fan should not be the primary source of funding for NIL. It should be businesses that support the program and ask said athletes to represent that business. That's what the whole nil was for. Not figuring out how to pay athletes just for being at msu. Got to have a return on investment. I'm not giving my money to an 18 yr old to blow on whatever when God knows how they perform on the football field on Saturday. Now if I business want to pay a college student to sell break pads go for it. I thought that was what nil was for. Letting the student athletes make money based on them being a star player and get endorsement deals. Not just pay players just to pay them for being on the team

 

[GloryDawg]

Eventually the IRS is going to have a say in all this money being passed around.

 

[Trojanbulldog19]

I hope these student athletes have good representation too before they sign their life away just to be a rep for someone like barstool or something.

 

[Cantdoitsal]

With the NIL here and the rules of it are what they are for now, STATE must jump on the wagon because if not, we'll have noone to blame for our demise but our own failure to adapt and react accordingly. It is what it is. Both paths have suck but which one sucks the most?

 

[CDawg08]

It’s time to allow the schools to pay money to athletes. In football and basketball the schools bring in millions of dollars. If the NCAA doesn’t want to get on board dismantle them and start new power 5 league with rules for salary caps etc with some bite to them for those that violate. Like it or not this is now a semi pro business. Expecting the fan bases to flip the bill for the athletes that these schools are making millions and millions of dollars on is completely ridiculous.

 

[HumpDawgy]

I'm not sending money to go to a kid who might jump ship the very next year. That is almost as stupid as hiring an alumnus as AD and expecting him to be loyal to his alma mater.


If corporations want to throw money at these kids, that is fine. We will never win this high stakes poker match.

 

[Dawgbite]

I nominate Dawg Student for AD. Heck, he's been conning us to buy him flat screen TVs for years. Imagine what he could do to the 98% not smart enough to post on here. It'd be like taking candy from a baby.

 

[ronpolk]

Eventually the IRS is going to have a say in all this money being passed around.

They are going to have a say in it now. Do you think the athletes aren’t going to pay taxes on NIL money?

I’ve never really understand this comment in relation to NIL. Is paying taxes supposed to make the athlete not want money?

 

[GloryDawg]

They are going to have a say in it now. Do you think the athletes aren’t going to pay taxes on NIL money?

I’ve never really understand this comment in relation to NIL. Is paying taxes supposed to make the athlete not want money?

It is not all NIL money. Booster just paying players money to go to a school is not NIL. NIL is someone paying to use your likeness. That is a job, and you pay income tax on it. What taxes are being paid? Is it a gift or is it income? Regardless tax has to paid one way or another. If the Bulldog Initiative gives money to a football player what type of money is being given? Is there tax being paid, or it is just money transferring hands? If it's a gift the the person or persons giving the gift owe gift tax if it over 17K. There is a lot more to it than what you think. Too much money passing around and I don't think tax's is being paid on most of it. Not to forget employment tax or self-employment tax. How is that being handle? The IRS is going to wise up to it. Not all that money is being taxed right now. No way you can convince me of it.

 

[HailDat]

The fan should not be the primary source of funding for NIL. It should be businesses that support the program and ask said athletes to represent that business. That's what the whole nil was for. Not figuring out how to pay athletes just for being at msu. Got to have a return on investment. I'm not giving my money to an 18 yr old to blow on whatever when God knows how they perform on the football field on Saturday. Now if I business want to pay a college student to sell break pads go for it. I thought that was what nil was for. Letting the student athletes make money based on them being a star player and get endorsement deals. Not just pay players just to pay them for being on the team

This all day. Well said.

 

[ronpolk]

It is not all NIL money. Booster just paying players money to go to a school is not NIL. NIL is someone paying to use your likeness. That is a job, and you pay income tax on it. What taxes are being paid? Is it a gift or is it income? Regardless tax has to paid one way or another. If the Bulldog Initiative gives money to a football player what type of money is being given? Is there tax being paid, or it is just money transferring hands? If it's a gift the the person or persons giving the gift owe gift tax if it over 17K. There is a lot more to it than what you think. Too much money passing around and I don't think tax's is being paid on most of it. Not to forget employment tax or self-employment tax. How is that being handle? The IRS is going to wise up to it. Not all that money is being taxed right now. No way you can convince me of it.

Maybe I misunderstood this thread or your post. The thread is about NIL not some booster giving a kid money. I would agree with you that is not being taxed… but if that is what you’re taking then I would disagree with your initial post I responded to. IRS will never have a say in that as I highly doubt booster is creating a taxable event, as in all cash type deal. But pure NIL stuff, which I think is what we are talking about in this thread, is absolutely being taxed. The Bulldog Initiative’s website talks about ways to structure your gift as marketing expense, if coming from a business.

 

[GloryDawg]

Maybe I misunderstood this thread or your post. The thread is about NIL not some booster giving a kid money. I would agree with you that is not being taxed… but if that is what you’re taking then I would disagree with your initial post I responded to. IRS will never have a say in that as I highly doubt booster is creating a taxable event, as in all cash type deal. But pure NIL stuff, which I think is what we are talking about in this thread, is absolutely being taxed. The Bulldog Initiative’s website talks about ways to structure your gift as marketing expense, if coming from a business.

NIL is square deal but if A&M paid 31 million for their signing class that's 31 million divided by what 27 or so. They are not doing that in cash. With a 31 trillion-dollar debt I think the IRS is going to start looking into a lot of these transaction. My question about our initiative, are they just giving cash, or they are paying with some kind of bank transition? If that's what they are doing how are they structuring, it? Are they just giving them the money, are they paying them as employees or contract workers? According to the IRS you cannot just give more than 16K to someone without paying a gift tax. I don't care if its cash or bank transition. Cash is hard to track but it might be hard explaining how you are driving a 100K car with no job. IRS isn't stupid even if is cash they can investigate you to hell and back if they suspect. I just think they are coming.

Personally, the IRS give a reward of 15 to 30% or up to 2 million for turning in tax cheats, from what they collect. Form 3949-A. I am going to keep my ear's alert to all this money going to Auburn, Bama and the Bears.***********