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Graddean

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Posts posted by Graddean

  1. If a team is built using the NIL, does the coach answer to the university or to the collective.  If the players make more from the NIL than from the value of the scholarship, who calls the shots?

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  2. Why would an NIL donation be tax deductible.  It is payment for use of an individual’s name, image or likeness.  It is not a donation to an educational institution.  It might be deductible as a business expense.  I think in that case, the IRS is going to require documentation.  It should also be taxable income for the athletes.

    • Upvote 4
  3. I believe full rides are based on cost of attendance.  At UNT THIS AMOUNTS TO $27,937 for an in-state student.  If we abide by the NCAA restriction of 20/week, a fifty week year would add up to a 1000 hours per year.  Using these numbers, we come up with an hourly wage of $27.94.  An hourly wage this size exceeds the hourly wage of 75% of hourly workers.  In addition to these tangible benefits there are many intangibles associated with acquiring a college education.

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