OldBuzzard
Poster
Serious question: What is to stop boosters from setting up a company, whether legitimate or not, and throwing NIL money at 5 star recruits to get them to commit? Are ther guidelines for that sort of thing?
NIL
- Thread starter OldBuzzard
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TJHall1
Legendary
Why set up a company? That's just a dumb extra step to go thru.
OldBuzzard
Poster
Not if the NCAA asks what your business is during the investigation.
TJHall1
Legendary
You don't have to have a business. Not sure why you think there has to be one.
That is what is going on there are no rules yet. The Supreme Court ruling put a question of how this would go forward as NCAA has no enforcement authority.
On NIL Technically you can’tmake a deal “tied to a player going to a particular school”. (This is already happening with the Nico kid and Tenn)
Credit to ATM those fuckers just bought an all time class (though stupid as 8 DL 4-5 stars). The NCAA as is, essentially has No Enforcement Authority. This is one (of many albeit) reasons Emmett just announced his “retirement” or whatever.
The Super Conference will have some guarantees of both rules and enforcement powers. But it does appear me may be in for 3 min years of crazyness. (Glad the rest of the country is finally taking our example of how NOT TO BE RACIST and are finally paying their young studs too….we still have more as now we can get back taxes…..and then reinvest that too!!!
Taxes….it’s how every criminal org goes does. IRS….laundering if you don’t pay taxes. See Chris Webber (Michigan booster paid) Federal court case.
By setting up a llc, inc, 501(c), etc You can report taxes…and get returns that can also be invested bag info the “program”.
TJHall1
Legendary
Or you can just buy a Tshirt for 100k and not have to deal with all that shit.
OldBuzzard
Poster
Hence, the reason questions are formulated in the first place. When one does not possess information, but wishes that he was in possession of a particular bit of information, he formulates an interrogative statement designed to encourage those in possession of said information to share said information with the individual inquiring. It’s really quite simp,e.
I was under the impression that only a business would want to use someone’s name, image, or likeness to sell a product or service. I assumed, apparently incorrectly that private individuals who were not representatives of commercial businesses and thus were not selling products or services would have no need for a celebrity’s name, image, or likeness. I assumed, also apparently incorrectly, that there were regulations in place preventing private individuals from paying a celebrity to use his/her name image or likeness. That just makes no sense to not have some regulations in place like that.
I think its hilarious. This is just the beginning too
Players will sit out games if the coach won't get them in the Dr. Pepper commercial
TJHall1
Legendary
Ya. Between all the politics the last few years and now this there are gonna be a lot of people saying fuck it as far as college sports go.
In defense....most will be sidewalk fans as Alumni actually have ties and real attachments to the schools.
(Honestly, if we could get rid of our sidewalk fans and the 10% Wine/Cheese Crowd......we would have an awesome fanbase.)
TJHall1
Legendary
Yes, it's diehards like you that they're not worried about losing. Most alumni don't give a flying fuck about college sports, for good reason.
Maybe Iowa Alumi…..I’m sure you have spoken to 1 more recently that I have.
Gonna be funny when more guys do this.
Was he supposed to be the starter? I assume so with those deals
This is currently what miami is doing. IT will blow up in their face but they're doing it
This is what I am watching for with Tex. ATM. No i'm not butt hurt. I could care less BUT when a team like ATM just signed 8 top 100 DL in 1 class. Lets see who stays around for years 2-5. Which will then mean, ATM paid guys that left and went and played for other schools.
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