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- Please no inappropriate usernames (remember that there may be youngsters in the room)
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- 3/17/19 UPDATE -- We've updated the permissions for our "Football" and "Commit to the G" recruiting message boards. We aim to be the best free board out there and that has not changed. We do now ask that all of you good people register as a member of our forum in order to see the sugar that is falling from our skies, so to speak.
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House settlement stipulations arrive: What to expect in new collegiate athletics world
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House settlement stipulations arrive: What to expect in new collegiate athletics world
The July 1 date has been circled on the calendars of university leaders and administrators around the nation, all aware of the new rules and stipulations that came out of the recent House settlement.
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So universities will now be paying athletes AND giving them scholarships?!?! 🤦♂️
Yeah... and?
In the real world, if you pay a person for their services, they are employees. Any compensation you provide them in the form of extra services, equipment, travel expenses, vehicles, education not exclusively for the job, All of the above can be considered as taxable income. The "financial aid"- gifts, trips. housing and other perks are going to be litigated in the future. Why should this compensation be taxable for all of us, including the other or "real" professional athletes but not for college football players? A very good argument can be made that even scholarships could be deemed taxable if given to person for expected services.