Frankwillie87
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I suspect this state law will be struck down. My understanding is that the SCoTUS basically made NIL a human right--i.e. the right to profit off of your own name, image and likeness, and that the NCAA had no right to strip the athlete of that inherent right with threats to eligibility. Now, the state of Missouri is saying that if a high school athlete doesn't do what they want, they'll strip the athlete of that right with threats to eligibility.I get inside info from time to time but I’ve asked nothing about this kid in particular. However, in a larger NIL conversation with people who KNOW how it all works, this topic came up of how a SA can navigate the current business climate.
If a SA can get paid early like in the case with Missouri, even if they sign with another school, they will have to pay back the portion they received. Although the NIL can’t be tied to playing for a specific team, provisions like class attendance. This is an effective way to get paid early and still go to a desired school.
Second, each of these kids know they essentially have 1 free agency period during their college careers. This is a way to transfer to a contender or make more money through NIL. This is by means of renegotiating or transferring.
The strategies are new and things will look different than what we are used to, for quite some time, until more regulations or guidelines are set in place.
Are they not going to tax the SA’s earnings from NIL to get even more tax money?I'll add that I think what the state of MO is doing is reprehensible. They take the residents' money as tax, take the responsibility to provide public education (and all that goes with that), and then weaponizes it against the student athletes for the benefit of its (the state's) financial interests via state university system athletics.
The state forces taxes, and then uses the product of that 'service' to strip student athletes of personal choice and the free ability to profit off of their own image and likeness.
It's disgusting.
Probably, if they're mandating that the NIL $ stay in-state. Makes it even more dirty IMO, as they are abusing a citizen's personal liberties for even more selfish reasons.Are they not going to tax the SA’s earnings from NIL to get even more tax money?
My brain was wondering how they managed to get something like this passes so quickly when it takes forever to get anything done. Then it came to me maybe they were thinking about keeping large NIL in state to tax it. Not much in the scheme of things but politicians are all about money coming in so they can decide what to do with it.Probably, if they're mandating that the NIL $ stay in-state. Makes it even more dirty IMO, as they are abusing a citizen's personal liberties for even more selfish reasons.
(In case folks can't tell, I have a pretty libertarian slant, as defined by erring on the side of personal liberties. Not defined by all the weirdos out there who have conscripted the word.)
Agreed. It also affects state college athletics. If you have any doubt how much $$$$$ flows due to college recruits and college success, watch the Johnny Football documentary on Netflix. Staggering.My brain was wondering how they managed to get something like this passes so quickly when it takes forever to get anything done. Then it came to me maybe they were thinking about keeping large NIL in state to tax it. Not much in the scheme of things but politicians are all about money coming in so they can decide what to do with it.
Haven't been following, just curious what have they been doing? Seems sketchy.I'll add that I think what the state of MO is doing is reprehensible. They take the residents' money as tax, take the responsibility to provide public education (and all that goes with that), and then weaponizes it against the student athletes for the benefit of its (the state's) financial interests via state university system athletics.
The state forces taxes, and then uses the product of that 'service' to strip student athletes of personal choice and the free ability to profit off of their own image and likeness.
It's disgusting.
It’s especially short-sighted for Wingo because he’s an EE. It’s almost September. He can get to campus as early as mid-December and start earning money. He can’t wait 3 months to start collecting his check and go somewhere that is more likely to prepare him for the NFL? Makes little sense to me.
I get inside info from time to time but I’ve asked nothing about this kid in particular. However, in a larger NIL conversation with people who KNOW how it all works, this topic came up of how a SA can navigate the current business climate.
If a SA can get paid early like in the case with Missouri, even if they sign with another school, they will have to pay back the portion they received. Although the NIL can’t be tied to playing for a specific team, provisions like class attendance. This is an effective way to get paid early and still go to a desired school.
Second, each of these kids know they essentially have 1 free agency period during their college careers. This is a way to transfer to a contender or make more money through NIL. This is by means of renegotiating or transferring.
The strategies are new and things will look different than what we are used to, for quite some time, until more regulations or guidelines are set in place.