Transfer Portal 2023-2024...

[AlexanderFan]

This kid is in the portal, a little surprising

Malachi Nelson, Boise State Broncos, Quarterback

2022: 6-foot-3, 180 pounds Fall 2021: Led Los Alamitos to a 9-2 record as a junior, averaging 244.5 passing yards per game with a 39-9 TD-INT ratio. Spring...

247sports.com

 

[crimsonaudio]

This kid is in the portal, a little surprising

Malachi Nelson, Boise State Broncos, Quarterback

2022: 6-foot-3, 180 pounds Fall 2021: Led Los Alamitos to a 9-2 record as a junior, averaging 244.5 passing yards per game with a 39-9 TD-INT ratio. Spring...

247sports.com

Gotta wonder if the shine hasn't already started to wear off on ole linkin - losing your staring QB to the NFL and your 5* recruit from last year is wanting out, too? Ouch.

 

[AlexanderFan]

Gotta wonder if the shine hasn't already started to wear off on ole linkin - losing your staring QB to the NFL and your 5* recruit from last year is wanting out, too? Ouch.

If you’re not winning football games and championships, what’s the point of being at USC?

I do think the CBS article I skimmed kind of hinted at USC looking around, almost like Nelson here wasn’t a slam dunk replacement.

 

[NoNC4Tubs]

What happens when, I want the kid I’m paying $1M to play QB, to lose a game because I’ve got $5M on the Moneyline?

can boosters contributing to an NIL collective bet on their own teams ?

Who's to say they can't...?

 

[NoNC4Tubs]

All Bama and Georgia fans should boycott Yellawood!

THAT is exactly what the NTYF does already (to non-awbern entities) . (Yella is a benefactor of that group.)

 

[NoNC4Tubs]

Bobby Lowder. Last I heard, he’s still quite influential.

Even more powerful than when he was on the Board of Trustees. He is now in charge of the Tiger Unlimited Fund...

 

[NoNC4Tubs]

No, not really. Those guys were not trying to crash the system. They were trying to influence it. Maybe advance it. I’m talking about someone who wants to go all in on one college team contributing nine figures to an NIL collective, trying to create a dream team.

Yella-Fella!

 

[4Q Basket Case]

No, not really. Those guys were not trying to crash the system. They were trying to influence it. Maybe advance it. I’m talking about someone who wants to go all in on one college team contributing nine figures to an NIL collective, trying to create a dream team.

There’s actually an article in today’s WSJ about that very thing.

An anti-trust economist who consulted with legal counsel challenging NCAA rules says the thought process is, “I can’t afford to buy an NBA team, but I can afford to be on of 10 guys running the A&M program.”

Then goes into some of the numbers we’re all familiar with about aTm, which most of the country might not be. Ending obviously with the 12th Man funding 100% of the $20M+ first installment of Fisher’s buyout.

 

[bamaslammer]

https://twitter.com/i/web/status/1736090296692212025

Glad he withdrew. I was assuming JC Latham would be going pro after this season and as far as I knew Pritchett and McVay are at the top of the board to fight for that job.

 

[Padreruf]

There’s actually an article in today’s WSJ about that very thing.

An anti-trust economist who consulted with legal counsel challenging NCAA rules says the thought process is, “I can’t afford to buy an NBA team, but I can afford to be on of 10 guys running the A&M program.”

Then goes into some of the numbers we’re all familiar with about aTm, but most of the country might not be. Ending obviously with the 12th Man funding 100% of the $20M+ portion of Fisher’s buyout due shortly (maybe already paid, I don’t know).

You didn’t mention this CC, but I think there’s some flawed logic out there. A lot of people think this will sort itself out when enough players who get 7-figures to play at XYZ school don’t pan out for whatever reason.

To your point, the source of that money wants to go all-in to create a dream team. It’s not about dollars of return on dollars of investment. It’s about buying championships.

The line that these guys didn’t get rich by making stupid decisions is absolutely true.

From what I can tell NIL organizations are not 501(C)3 and therefore the money. given is not tax deductible. Anyone know anything different?

 

[davefrat]

Glad he withdrew. I was assuming JC Latham would be going pro after this season and as far as I knew Pritchett and McVay are at the top of the board to fight for that job.

I was wondering if maybe Latham explained that to him.

 

[4Q Basket Case]

From what I can tell NIL organizations are not 501(C)3 and therefore the money. given is not tax deductible. Anyone know anything different?

That is true. In fact aTm had two collectives for a short time. For one, they were representing to donors that it was a 510(c)(3), and contributions were treated as charitable.

The IRS called [stinky garbage] on that. About 30 seconds later, aTm disbanded that collective.

 

[gtgilbert]

From what I can tell NIL organizations are not 501(C)3 and therefore the money. given is not tax deductible. Anyone know anything different?

Even if it's not a charity, if the $ can run through a business, and the business can show it's some type of marketing / advertising expense (since that is what NIL was supposed to be right), they can deduct it from revenue and it's not taxed.

 

[Ledsteplin]

Hadn't thought of that.

Neither has the NCAA or anyone else. All the smart people are on TideFans.

 

[cbi1972]

Even if it's not a charity, if the $ can run through a business, and the business can show it's some type of marketing / advertising expense (since that is what NIL was supposed to be right), they can deduct it from revenue and it's not taxed.

When it all falls down, this will be why. You can't just defraud the IRS.

 

[gtgilbert]

When it all falls down, this will be why. You can't just defraud the IRS.

buy it's not fraud at all. If the company donates to the collective, and some part of that gets the company PR - i.e. a name on a billboard with the team logo, or allows the use of a logo as a sponsor or whatever, then it's a legitimate business expense.

 

[cbi1972]

buy it's not fraud at all. If the company donates to the collective, and some part of that gets the company PR - i.e. a name on a billboard with the team logo, or allows the use of a logo as a sponsor or whatever, then it's a legitimate business expense.

That's like me "selling" a car worth $50,000 to someone for $1 so they don't have to pay tax.

Everyone knows the primary motivation here is to incentivize these athletes to play for a specific school, not for a business to get the advertising benefit of the face of a backup offensive guard on a billboard.

 

[NoNC4Tubs]

That's like me "selling" a car worth $50,000 to someone for $1 so they don't have to pay tax.

Everyone knows the primary motivation here is to incentivize these athletes to play for a specific school, not for a business to get the advertising benefit of the face of a backup offensive guard on a billboard.

Exactly!

How many advertisements have you seen featuring any of these athletes? (There are a few, but very few...)

Just waiting for the first run-in between some of these NIL kids and the IRS. It's not a matter of "if", it's a matter of "when". (Might already be happening, for all that we know.)

 

[Ledsteplin]

Looks like we have 4 so far in the outgoing portal:

Ty Buchner, QB - headed to play lacrosse
Anquin Barnes - DL
Isaiah Hastings - DL
Ja'Corey Brooks - WR

Former Alabama DL Anquin Barnes Jr. shared on Sunday that he’s committed to Colorado.

 

[92tide]

When it all falls down, this will be why. You can't just defraud the IRS.

i wonder how many of these kids are going to end up in a world of hurt come tax time