NCAA caves - votes to allow players to profit off likeness

[Irondawg]

https://www.espn.com/college-sports/...rofit-likeness

Won't matter who our coach if this gets instituted - will take a minor miracle for any non-blue blood, huge alumni base school to succeed that's not in a major metro area.

EDIT - this is every bit the NCAA voting to keep themselves relevant and guarantee their status. It's not about the member institutions or the athletes.

[Tbonewannabe]

So they can now pay above board and taxes will now have to be paid. I guess they could always still funnel it through a church like Cam Newton's dad was paid.

[TUSK]

So they can now pay above board and taxes will now have to be paid. I guess they could always still funnel it through a church like Cam Newton's dad was paid.

An Aubie told me they paid some of their guys with casino chips... ingenious.

[dantheman4248]

So OM can’t cheat their way to the almost top anymore. Cool.

[parabrave]

Guess this is the only way to get Texas, USC and ND strong again. Even Bama cant compete with these fan bases. So you want to go to Bama which has 3 million fans or Texas which has 40 million?

[msstate7]

So OM can’t cheat their way to the almost top anymore. Cool.

Probably hurt us more than them. You'll probably see the cannon motors rebel or the week or lawyer billboards with om players

[ckDOG]

The way I see it is that the blue bloods will remain blue. Who really cares?

Possible upside for us is now the going rates to buy the leftovers is now more transparent. We either choose to play the game, or we don?t. But being good at doing things behind closed doors and out of NCAA sight is going to become a less valuable skill set.

[Dawgology]

And just like that...college football as an amateur sport came to an end.

[Coursesuper]

Probably hurt us more than them. You'll probably see the cannon motors rebel or the week or lawyer billboards with om players

yep

[Irondawg]

The problem is when you have a player blow up and the transfer portal. Won't be long before you can transfer for any reason. So let's say Schrader had just gone bonkers and LSU has no heir apparent. LSU would just call him up and offer him all kind of endorsements if they wanted.

Yeah, I'm talking about worse case scenario, but you've got a ton of rich, hyper-competitive alumni at a bunch of these places.

[defiantdog]

Does this mean we get NCAA football back on Xbox?!

[gtowndawg]

What's Bracky say?

[Commercecomet24]

This has been going on since cfb started. The only difference now is it won't be a violation and of course the government will now get a share since this will all be taxable now. Now the thing will be how much can you hide from the government so you won't have to pay taxes. The feds and the states just got a new revenue stream. I can see states with no state income tax becoming very popular for players.

[Cooterpoot]

I suspect they’ll limit this to a point. But bring on NCAA Football!!

[Tbonewannabe]

This has been going on since cfb started. The only difference now is it won't be a violation and of course the government will now get a share since this will all be taxable now. Now the thing will be how much can you hide from the government so you won't have to pay taxes. The feds and the states just got a new revenue stream. I can see states with no state income tax becoming very popular for players.

The IRS will now actually try to go after the cash also. I always thought it was weird that the IRS wasn't involved when the FBI wire taps showed the big money being paid and all of it should have been taxable as a bonus of some kind. I guess they could have said it was a gift but there was something being paid for, ie. signing with their college of choice.

[AlSwearengen]

I think some here are confusing “benefits” with what the ncaa just announced. Unless I am missing an angle, this is worse for MSU than losing out to the highest bidder.

Thank you Gavin Newsome and California. I hope you both die of a flesh eating bacteria of the asshole.

[Commercecomet24]

The IRS will now actually try to go after the cash also. I always thought it was weird that the IRS wasn't involved when the FBI wire taps showed the big money being paid and all of it should have been taxable as a bonus of some kind. I guess they could have said it was a gift but there was something being paid for, ie. signing with their college of choice.

Yep I always thought it was weird as well. Don't think these laws are being passed just for the benefit of the players. This has been an untapped government revenue stream for a long long time. Hope I'm not venturing to much to the political sides of things, if I am mods please delete these.

[KentuckyDawg13]

Bracky: "Time to update my resume."

[Dawg-gone-dawgs]

Does this mean we get NCAA football back on Xbox?!

This all I care about...^^

[Jack Lambert]

I say wait a while before freaking out. Let's see what rules are put into place and what the federal government do with the internal revenue code.