‘23 LSU transfer OT Zalance Heard (Tennessee)

[Ericvol2096]

I've been meaning to ask this question. Who do these kids get to negotiate for them? I know you just said lawyers. Are they also allowed to have agents?

Yes sports agents, which also usually have law backgrounds.

 

[GoodTimeVol]

Yes sports agents, which are also usually have law backgrounds.

They have to have accountants also, the government is going to want their cut at the end of the year as well

 

[Volnut]

View attachment 610587

1 PM or 2 PM?

 

[Ericvol2096]

They have to have accountants also, the government is going to want their cut at the end of the year as well

Yea but an accountant isn’t going to slow anything down at the deal initiation.

 

[GoodTimeVol]

Yea but an accountant isn’t going to slow anything down at the deal initiation.

Oh no this has nothing to do with this recruitment

 

[drvenner]

Yes they can have agents for NIL

Yes sports agents, which also usually have law backgrounds.

Thanks to both

 

[volsagain]

1 PM or 2 PM?

Yes

 

[Devo182]

They have to have accountants also, the government is going to want their cut at the end of the year as well

Their situations aren't complicated enough to warrant it.

But I'm sure many get weaseled into it...and many CPAs these days are also tied to "wealth management services" A far bigger scheme.

Just hope many are getting honest advice and aren't taken like so many before them. There are a lot of weasels out there.

 

[GoodTimeVol]

Their situations aren't complicated enough to warrant it.

But I'm sure many get weaseled into it...and many CPAs these days are also tied to "wealth management services" A far bigger scheme.

Just hope many are getting honest advice and aren't taken like so many before them. There are a lot of weasels out there.

I wouldn’t doubt that scheme is already happening sadly but I think most are getting good advice

 

[Jackcrevol]

One word slowing this down…Lawyers. Hope they get their part done tomorrow.

Y’all always slowing deals down @Neyland Law Vol

thought it was done already?

 

[Jackcrevol]

View attachment 610587

calling @KingVFL

 

[Ericvol2096]

thought it was done already?

Lawyers are a formality at this point, our group doesn’t put out shady contacts/deals.

 

[Jackcrevol]

Lawyers are a formality at this point, our group doesn’t put out shady offers.

wait a minute. I thought he had accepted, signed, and deal was done. Just waiting for announcement? lots of contrary info in this one.

 

[volKano]

Just paperwork. Done by Wednesday 3:00 pm est. Agent laid around all day doing nothing so he won’t be ready tomorrow.

 

[BleedOrange16]

 

[Jackcrevol]

either way hope it works out for dude to come to tennessee.

sooner or later we gotta find our tackle. gonna stick with ap and callahan and assume we got em.

 

[UTgrad2015]

Basilio just now said that my wife left me

 

[utvolmaniac]

 

[Rizzo924]

That’s not true anymore. Portal is closed for everyone but Michigan and Alabama

Washington?

 

[Volfan39]

Washington?

Yep them as well, Arizona now to I think

 

[Jackcrevol]

Washington?

Yep them as well, Arizona now to I think

mount saint mary's.

 

[Vol423]

Washington?

Michigan, Alabama, Washington and Arizona

 

[1974Vol]

View attachment 610587

NEVER COMES!

 

[Frankwillie87]

Their situations aren't complicated enough to warrant it.

But I'm sure many get weaseled into it...and many CPAs these days are also tied to "wealth management services" A far bigger scheme.

Just hope many are getting honest advice and aren't taken like so many before them. There are a lot of weasels out there.

I'm going to disagree that an athlete making 7 figure deals with multiple states potentially claiming nexus over their income doesn't warrant a CPA. At the very least it would be preventative.

You also need to take into account the type of expenses that are actually deductible as an "athlete" or as the face of an NIL deal. Then there's, nondeductibility of illegal expenses, gift tax forms for family...

 

[SweetasSoda]

I'm going to disagree that an athlete making 7 figure deals with multiple states potentially claiming nexus over their income doesn't warrant a CPA. At the very least it would be preventative.

You also need to take into account the type of expenses that are actually deductible as an "athlete" or as the face of an NIL deal. Then there's, nondeductibility of illegal expenses, gift tax forms for family...

Isn’t DEVO a CPA?