No NIL money-No tax on the scholarship!!!! As I said the NIL money is contingent on the scholarship.
Title IX applies to NIL Payments
- Thread starter SpiderTrap
- Start date
If you receive scholarship funds that exceed your qualifying educational expenses, the amount above these necessary costs is subject to taxation. Likewise, if you receive a scholarship that you use to pay for room and board, books or supplies that aren't required, these funds are generally subject to taxation
I hope we get some CPA’s and Attorneys to either figure this NIL money or shut it down.
Right now it’s a a mess. Especially, for Mid-majors programs and FCS football.
Well fan, Carle Davis done teached you well. “Gain from whatever source derived.” Not the code word for word but a golden Carle Davis quote.
Recall it well, he taught by intimidation, learn or else.
He carried a great deal of weight on campus, recall coming to the Robins Center one night and stopped by traffic patrol. Another Officer came over radio, asked Chief if the fan could park in restricted lot without pass, said fan had requested he inquire with Chief. Chief asked who was fan, officer responded Carle Davis, Chief said if Mr. Davis wanted to park in center of Robins Center Court he could. I realized Carle was a true heavyweight.
I recall someone's pen rolling off his desk during lecture, when it hit the floor Carle demanded he leave the room, He also stood at the door, when the bell sounded to begin class he locked the door, late was not accepted. Helped to prepare you for tyrant Judges.
Judge David Meade White was the same in Business School teaching Business Law.
He kept roll plus if he asked you a question from the class reading assignment and you had
no clue, he made a mark by your name. My father said he had quite a temper in the court room.
He kept roll plus if he asked you a question from the class reading assignment and you had
no clue, he made a mark by your name. My father said he had quite a temper in the court room.
Tried many cases before (and against when not on bench) David Meade, knew be very prepared and tread carefully. Got along well with him, even helped him with an issue or two after he retired.
Judge White had some of the best stories, but as you said, he expected you to be prepared.
Interesting article in RTD today saying that VCU sees this an opportunity for them - being able to pay athletes. I agree with their opinion, as they state - they are a basketball centric school, without the weight of football - so they can focus payments on Basketball. They also state a good point - as the larger schools will tend to focus more on football and other olympic sports will be neglected, which might be a window for VCU to capitalize and become very strong in these sports.
They do admit - a lot hinges on the Title IX result and whether these payments have to follow Title IX rules or not. That ruling is still in limbo.
Just interesting how VCU looks at this as a positive and way for them to get better in their top sport - basketball, and I think the overall sentiment at UR from this board is - not sure UR will see it that way and do what it takes to keep up with the rest.
Article also states everyone in the A10 must opt in and fully commit to this or else it all falls apart, and even hints at possibly VCU looking elsewhere if that is the case.
They do admit - a lot hinges on the Title IX result and whether these payments have to follow Title IX rules or not. That ruling is still in limbo.
Just interesting how VCU looks at this as a positive and way for them to get better in their top sport - basketball, and I think the overall sentiment at UR from this board is - not sure UR will see it that way and do what it takes to keep up with the rest.
Article also states everyone in the A10 must opt in and fully commit to this or else it all falls apart, and even hints at possibly VCU looking elsewhere if that is the case.
VCU wants Big East so bad they would do just about anything for an invite.
They may get it. No football. Basketball focused. And - the big key - successful. They are winning at a high clip the last several years.
wouldn't surprise me either. Alternate reality it could have been us. The irony of spiderstudent17, or anyone else, being a big BE backer for Richmond yet thinking we get there by keep extending Mooney.
Don’t tell 8Legs that schools also take pride in success with their non-football/basketball sports too. That’s a crazy concept and you might get laughed at. /s
I don't think many do, but I could see some schools picking and choosing which ones they will try to invest just a little in and get a good return. For example - using VCU, I think the Richmond area has a pretty strong soccer presence that is growing. There has been good success with the Richmond kickers, womens kickers team, and the multitude of youth soccer organizations in the area. I could see this being an area where just incremental investments and payments could pay off and maybe start with being a top team in the league, then move on to trying to crack national rankings at some point. And those are sports - where generally after college, it is difficult to make money - so if you could tell a college soccer player - we will pay you 50K a year on top of your scholarship and can do that on average for most of the team, it could have a pretty good impact in terms of winning within your league and then maybe on national level.
To be clear, I never said extending Mooney is how we get to the Big East. I understand that our basketball isn't where it needs to be for Big East competition right now. But my point that we are the perfect university that fits the model of the Big East holds. We are a small, strong academic, basketball-centric school with a $3 billion+ endowment in a good geographic footprint. Sports like men's and women's lacrosse, women's basketball are big east level right now. Obviously, the most important factor in all of this, men's basketball, is what is lacking. But I don't think it's farfetched to suggest that we theoretically belong there. I want UR to strive for greatness. Associating with Villanova and Georgetown is where we best belong in my eyes. Lot of work to get there though and I know it is wishful thinking on my part, but I do believe there is a lot of truth to my thoughts as well.
I agree with you that for many schools that aren't UCLA or UVA's of this world, they will have to pick and choose. I accept that. For me, outside of basketball/football I would also pick lacrosse, baseball, and golf for us to be good at on a national level. Maybe field hockey too, if we had the money/resources. I would be very happy if golf makes a run at the national tournament again like they did in 1999. I would also be happy if a school like tennis does well too. It's nice to see spider sports be recognized at a national level. It's also nice to see any spider sports team win a conference championship, even if its not funded as much as it could be.
Coming off the Sweet Sixteen, we were right there in the discussion about Big East targets...Dayton (if Xavier would allow it), SLU, and us were all being tossed around.
It's a laughable idea at this point, even with a couple of successful seasons in recent history. We simply haven't put together a sustained run of success like the Big East would be looking for. At what point do we make a change to try to take that step?
(SLU has of course similarly failed to distinguish themselves since then...they do have a nice market and a solid arena and used to draw pretty well, but that has been slipping as well.)
It's a laughable idea at this point, even with a couple of successful seasons in recent history. We simply haven't put together a sustained run of success like the Big East would be looking for. At what point do we make a change to try to take that step?
(SLU has of course similarly failed to distinguish themselves since then...they do have a nice market and a solid arena and used to draw pretty well, but that has been slipping as well.)
Anyone in the Big East would take one look at Mooney's 55% winning percentage, 3 NCAA's in 20 years and immediately conclude these guys aren't serious enough to be in our league.
I agree. The sustained success we would need to have with our men’s basketball program in order to be considered for the big east is far greater than anything Mooney has achieved in the 20 years here. That of course is if the only thing they are looking at is men’s basketball success. While that probably isn’t the case, I am sure it carries a significant weight.
BE is basketball centric, that will carry the load or not. I had hoped we would improve basketball and become top 10 M Lax and that would carry the load, but neither has happened.
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