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NIL
Aug 1, 2022 9:21:57 GMT -5
Post by gks on Aug 1, 2022 9:21:57 GMT -5
Trust me- market DMA rank is what matters, and Chi is #3, and Nash is 29. These are the most important numbers when leagues are negotiating TV contracts. It also has much to do with league opponents who are draws. In short- Chi and Nash are very important markets to the B1G and SEC. Nashville is 29 and climbing. The Commodores aren't going anywhere.
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NIL
Aug 1, 2022 9:35:38 GMT -5
Post by nycrusader2010 on Aug 1, 2022 9:35:38 GMT -5
I disagree. While Nashville is a great location for the SEC to be in, and one of the more popular travel destinations for opposing fans, I doubt the number of incremental TV sets turned on is significant. For every 1 person streaming or watching the Vandy game on TV in the Nashville area, there are probably 6 watching the Tennessee game. Same goes for Northwestern. In Chicago, while Illinois football probably isn't that big of a deal, Notre Dame is. Same with Rutgers IMO. No one in NY cares. The vast majority of people who consciously made the decision to go with a cable company specifically to get BTN did so independent of the fact that Rutgers is in the conference. Comparing Northwestern and Vanderbilt to UCLA and USC is silly when you understand the relative impact those programs all have within their home markets. It's not about how good the teams are. It's about eye balls on the cable system (that's why Rutgers is in the Big Ten to get their network on NYC cable). Impact on the field has nothing to do with it. I know that. But what's stopping the cable companies in metro NY from still offering the BTN even if Rutgers hadn't been added to the league?
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NIL
Aug 1, 2022 9:37:36 GMT -5
Post by nycrusader2010 on Aug 1, 2022 9:37:36 GMT -5
Trust me- market DMA rank is what matters, and Chi is #3, and Nash is 29. These are the most important numbers when leagues are negotiating TV contracts. It also has much to do with league opponents who are draws. In short- Chi and Nash are very important markets to the B1G and SEC. What I'm saying is that a future super league could still own these markets without Vandy and Northwestern. Chicago - Notre Dame Nashville - Tennessee Northwestern and Vandy are probably a pimple on the ass that is the college football TV viewership in these markets.
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Post by HC92 on Aug 1, 2022 9:59:09 GMT -5
I don’t think very many (relatively speaking) are watching Big Ten football on tv in NYC because Rutgers is in the Big Ten.
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NIL
Aug 1, 2022 10:23:06 GMT -5
Post by bfoley82 on Aug 1, 2022 10:23:06 GMT -5
I don’t think very many (relatively speaking) are watching Big Ten football on tv in NYC because Rutgers is in the Big Ten. The BTN doesn't even carry the big games in Big Ten football as they are on the big networks like Fox and ESPN.
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Post by hcpride on Aug 1, 2022 11:48:54 GMT -5
Back to the NIL situation, this one got a laugh from me: Decoldest Crawford — a freshman receiver for Nebraska — signed an NIL deal with SOS Heating & Cooling, an Omaha-based HVAC company.
“We didn’t expect to be in a situation like this, but the second we saw that Decoldest was signing with Nebraska the light bulb went off immediately,” Jake Wasikowski, in charge of sales and public relations for SOS, told OutKick. “We said we have to get this guy to be the spokesperson for us and so far it’s going really well.”
nypost.com/2022/07/29/nebraskas-decoldest-crawford-inks-nil-deal-with-hvac-company/
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NIL
Aug 1, 2022 12:55:20 GMT -5
Post by gks on Aug 1, 2022 12:55:20 GMT -5
I don’t think very many (relatively speaking) are watching Big Ten football on tv in NYC because Rutgers is in the Big Ten. The BTN doesn't even carry the big games in Big Ten football as they are on the big networks like Fox and ESPN. Neither does the SEC Network. What's your point?
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NIL
Aug 1, 2022 13:36:36 GMT -5
Post by bfoley82 on Aug 1, 2022 13:36:36 GMT -5
The BTN doesn't even carry the big games in Big Ten football as they are on the big networks like Fox and ESPN. Neither does the SEC Network. What's your point? We hear about the BTN and SEC Networks being the reason these teams are moving conferences. Are people really turning on these conference stations or is it the large TV packages from the real networks? It would be nice to see the TV providers start standing up to the stations and their insane carriage rights.
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NIL
Aug 14, 2022 7:39:59 GMT -5
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Post by efg72 on Aug 14, 2022 7:39:59 GMT -5
I am wondering if the average athlete receiving NIL dollars will spend the money and forget about the tax obligation. My guess is Most will receive a one time payment, and then a 1099 at the end of the year which could put those athletes receiving say $25k to say $200k in a difficult position. The higher profile players will be protected with some type of support
Will the IRS come pounding on the door of those missing payments?
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NIL
Aug 14, 2022 8:05:05 GMT -5
Post by KY Crusader 75 on Aug 14, 2022 8:05:05 GMT -5
I am wondering if the average athlete receiving NIL dollars will spend the money and forget about the tax obligation. My guess is Most will receive a one time payment, and then a 1099 at the end of the year which could put those athletes receiving say $25k to say $200k in a difficult position. The higher profile players will be protected with some type of support Will the IRS come pounding on the door of those missing payments? Count on it. One would guess that the NCAA will provide some educational materials for the athletes telling them about the tax obligations they will face, although we know not all players will heed the warning
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NIL
Aug 14, 2022 8:24:23 GMT -5
Post by hc6774 on Aug 14, 2022 8:24:23 GMT -5
I am wondering if the average athlete receiving NIL dollars will spend the money and forget about the tax obligation. My guess is Most will receive a one time payment, and then a 1099 at the end of the year which could put those athletes receiving say $25k to say $200k in a difficult position. The higher profile players will be protected with some type of support Will the IRS come pounding on the door of those missing payments? new federal legislation beefs up IRS manpower to focus on incomes of $400+ State tax revenues also a factor... Florida schools' programs have an advantage?
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NIL
Aug 14, 2022 8:36:44 GMT -5
Post by efg72 on Aug 14, 2022 8:36:44 GMT -5
Joint tax and I believe CBO forecast will say most efforts will be directed at those under $200k because that is where they can easily scoop up the dollars-mostly fear factor
I don't know how it will play out with IRS enforcement for taxpayers overall, but it might result in some adjustment to the NIL
Never mind big governments and big organizations are about power so constructive change is complicated and in the end..... Let's get back to playing the game and cheering on our Crusaders
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NIL
Aug 14, 2022 8:50:09 GMT -5
via mobile
Post by longsuffering on Aug 14, 2022 8:50:09 GMT -5
I am wondering if the average athlete receiving NIL dollars will spend the money and forget about the tax obligation. My guess is Most will receive a one time payment, and then a 1099 at the end of the year which could put those athletes receiving say $25k to say $200k in a difficult position. The higher profile players will be protected with some type of support Will the IRS come pounding on the door of those missing payments? new federal legislation beefs up IRS manpower to focus on incomes of $400+ State tax revenues also a factor... Florida schools' programs have an advantage? UNH may finally get back to the FCS Tournament.
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NIL
Aug 14, 2022 9:06:26 GMT -5
Post by efg72 on Aug 14, 2022 9:06:26 GMT -5
When collecting money, through taxes or fundraising, you go to the low hanging fruit or the easiest sources to bank. In this case your small but critical contributions come from those that can least afford to give.
My comment is not meant to be about party politics, which I am happy to do offline, but about the athletes ability to pay and will IRS issues cause enough problems that revisions get made to the NIL
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NIL
Aug 14, 2022 17:18:34 GMT -5
Post by Pakachoag Phreek on Aug 14, 2022 17:18:34 GMT -5
This is off-topic, but since the subject was raised, and it is a subject with which I am somewhat familiar. Most of the tax gap -- the difference between taxes owed and taxes paid -- is found in the returns of the wealthy, see: "The sheer magnitude of lost revenue is striking: it is equal to 3 percent of GDP, or all the income taxes paid by the lowest earning 90 percent of taxpayers". The top five percent of tax filers by income account for over half of the estimated $600 billion of lost revenue annually. home.treasury.gov/news/featured-stories/the-case-for-a-robust-attack-on-the-tax-gapData values cited are from ten years ago, when the magnitude and sources of the tax gap was last calculated by the IRS: www.crfb.org/blogs/primer-understanding-tax-gapwww.crfb.org/board-membersDisclaimer: I know some of the CRFB boars members, having worked for or with them.
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Post by td128 on Aug 14, 2022 17:47:58 GMT -5
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NIL
Aug 14, 2022 18:22:02 GMT -5
via mobile
Post by KY Crusader 75 on Aug 14, 2022 18:22:02 GMT -5
Pak— very interesting information, helps us understand the situation
Td128- frightening story and I believe it completely
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NIL
Aug 14, 2022 19:19:36 GMT -5
via mobile
Post by hiltonheadcrusader on Aug 14, 2022 19:19:36 GMT -5
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NIL
Aug 14, 2022 20:14:54 GMT -5
Chu Chu likes this
Post by Pakachoag Phreek on Aug 14, 2022 20:14:54 GMT -5
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NIL
Aug 14, 2022 21:07:47 GMT -5
Post by Pakachoag Phreek on Aug 14, 2022 21:07:47 GMT -5
Pak— very interesting information, helps us understand the situation Td128- frightening story and I believe it completely In 2019, 28 million returns filed with a Schedule C. 10 million of the Schedule C returns reported a net loss on the Schedule C portion of the return. total net loss of $88 billion. 18 million returns with a net income of $443 billion. IMO, Schedule C is the opportunistic Schedule of choice for those seeking to under-report income and over-report expenses.
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NIL
Aug 14, 2022 22:35:13 GMT -5
via mobile
Chu Chu and mm67 like this
Post by KY Crusader 75 on Aug 14, 2022 22:35:13 GMT -5
Here's one I've heard over the years: when the IRS started to require social security numbers for dependents millions of dependents disappeared. Some suggested that many unscrupulous taxpayers had been including pets or just phantom names as dependents. I don't know if it's a true story.
I hope the IRS extracts every dollar due but without harassing taxpayers. When others cheat, honest taxpayers have to make up the difference
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NIL
Aug 15, 2022 6:02:12 GMT -5
Chu Chu likes this
Post by Pakachoag Phreek on Aug 15, 2022 6:02:12 GMT -5
Here's one I've heard over the years: when the IRS started to require social security numbers for dependents millions of dependents disappeared. Some suggested that many unscrupulous taxpayers had been including pets or just phantom names as dependents. I don't know if it's a true story. I hope the IRS extracts every dollar due but without harassing taxpayers. When others cheat, honest taxpayers have to make up the difference The IRS is more successful at reducing cheating where there is a paper trail, like lenders reporting Form 1098 to the IRS on mortgage interest deduction. Where there is little or no paper trail, those areas become dodgy.
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NIL
Dec 2, 2022 17:45:01 GMT -5
via mobile
Post by HC92 on Dec 2, 2022 17:45:01 GMT -5
Here’s a note from the UConn AD about how they’re handling NIL:
UConn NIL Update from David Benedict As the landscape of college athletics continues to change, UConn has embraced the Name, Image and Likeness (NIL) era with confidence. We consistently strive to support our student-athletes in this space with the primary goal of enhancing this support system inclusive of partnerships and resources. We believe this approach will provide a broad range of opportunities for our student athletes, subsequently displaying a track record that will maximize our competitiveness and recruiting efforts and allowing us to achieve at the highest levels. Philosophically we believe in a holistic student-athlete experience, and we are focused on providing our student-athletes with the necessary knowledge and tools to succeed. Educational opportunities for student-athletes are being augmented by programming provided by the Peter J. Werth Institute for Entrepreneurship and Innovation. The Werth Institute has established its Championship Labs subdivision to specifically support UConn students and student-athletes who are eager to learn more about innovative approaches to NIL. Championship Labs seeks to provide support in creating a personal branding plan, mentoring through brand development, early-stage business coaching, and assistance with financial planning. Furthermore we have strategically built out an internal support structure to support our student-athletes in the fast-evolving NIL realm, led by Jason Butikofer who has more than 20 years of athletics administration experience. Since 2021, we have partnered with Opendorse to provide a platform for our student-athletes to understand, build, and monetize their personal brands in collaboration with our multimedia rights partner, Learfield. Most recently, UConn and The Brandr Group have established a group licensing agreement for all of our student-athletes, affording them the opportunity to combine their NIL with official UConn trademarks and logos in the realm of merchandising. This ecosystem will only continue to grow, aided by collectives through which school supporters pool funds to help create NIL programs for student-athletes through a wide range of activities. UConn has been presented with two collectives that we believe strongly align with the best interests of student-athletes. The first, the D'Amelio Huskies Collective formed by 1991 UConn alumnus Marc D'Amelio, will help provide opportunities for student-athletes while also lending his expertise in the personal branding landscape. Yesterday, a second collective, Bleeding Blue for Good, was launched as an additional opportunity for our student-athletes to grow their NIL. We could not be more thankful to have a trusted group of alumni step up to the plate to broaden the avenue of opportunities available to our student-athletes through these collectives. We believe that through these aforementioned efforts, we are providing our student-athletes who choose to engage in NIL activities the means to do so at the highest level. Your support through any of these robust NIL initiatives is not only appreciated but critical to support our student-athletes and allow us to continue to pursue championships. David Benedict Director of Athletics
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NIL
Dec 2, 2022 18:35:13 GMT -5
Post by hcpride on Dec 2, 2022 18:35:13 GMT -5
/\ Yes, that would be Charli D'Amelio's father lending his hand at UConn relative to NIL and he knows quite a bit about branding. (And if you haven't heard of the influencer Charli D'Amelio [150M TikTok followers for starters] you're out of touch with the youngsters.). Every potential football recruit knows that last name.
On another front, NIL is quite an enticement during the football recruiting phase of college athletes at certain institutions. Very much in play for what promises to be a wild FBS football portal experience later this month and early next year. Others, like Notre Dame, are trying to keep it out of recruitment and more a part of the enrolled experience (some of their playeys have make a pretty good income this year).
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Post by cruskater31 on Dec 2, 2022 22:01:38 GMT -5
new federal legislation beefs up IRS manpower to focus on incomes of $400+ State tax revenues also a factor... Florida schools' programs have an advantage? UNH may finally get back to the FCS Tournament. Someone predicted the FCS playoff bracket this year quite well!
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