Search results

Yeah, I'm in Florida, but I'm glad you got the memo on salary & distributions. Years ago, I was helping a buddy of mine who co-owned several restaurants, they were all set up as LLCs, and whoever set that stuff up originally had made multiple guys the GPs on multiple restaurants, so they were...

Yes. There are frequently unintended consequences in the world. I've seen interviews with Robert Reich where he talks about when the Clinton Administration enacted the $1 million salary deductibility limitation for large companies. Next thing that happened was MASSIVE amounts of stock comp...

First of all, my post was intended in a sarcastic (though educated) fashion. Second, look into making the S-election. If you pay SE taxes on your pass-through K-1 income, you could save yourself a nice amount of money by making the S-election and paying yourself a very low salary...

You are the definition of a feckless front-runner.

I understand all of those things, and I've repeatedly said that if the payment of illegal benefits is the end goal, it will still happen, with or without the NIL rules.

I would focus on the fact that, in addition to having no state income tax, Florida would also not require the filing of a corporate income tax return if the student-athlete elects S-corporation status for his business entity. Let's see Nick Saban try to counter THAT. Plus, you have to file a...

So let me understand this... You disappear for months. Dead to the world. And then as soon as one random sports commentator agrees with you on one topic, you run back here to try to rub your nuts all over our faces? Bold.

I don't know if I'd call it "awful", but we are certainly a lot smaller. Plus, we have always been a "national" university, not a "state" university. Outside of SoFla, the next biggest areas from where we pull students are NYC, D-M-V, Boston, and Philly. Whereas UiF pulls the vast majority of...

Yes. You will see some things that "favor" the SEC college towns. Autograph signings at large state schools. Endorsements for local sandwich shops and bars. Internet opportunities that might be based on number of followers. And then you will see some things that favor the large cities...

Again, it's new territory. Lots of talk focuses on "things we are familiar with", like autograph signings and clothing/apparel. We honestly have no idea on what might arise over time. I think that there are two key things that will come into play. One is the natural constraint of...

Yes. The Dassler family. Particularly anyone related to Adolf "Adi" Dassler, since Rudolf Dassler went on to found Puma.

Surely you've heard of comps. Comparatives. It's one of the fundamentals of valuation. The NCAA has already says it will use comparatives and fair market valuation.

Nike already owns Oregon. If only we could figure out a way for a member of the Dassler family to go to UM.

I actually think that the "autograph-signing" is a hilarious example. One of two things can happen. First, a player can "agree" to go to an autograph signing that is organized by a third party, such as a memorabilia store. This type of arrangement will need to be approved in advance...

You are delusional. "50% of people in Birmingham" do not recognize obscure second stringers, nor would they buy anything based on such an endorsement. Good lord, the other night on Jeopardy, all three contestants couldn't even recognize Dave Chappelle. More importantly, no company would pay...

Yeah, it takes time to build one's endorsement earning power, particularly a game like football where you wear a helmet. Just because we know what Devonta Smith looks like doesn't mean that everyone does. ****, look at Eli Manning. He is RETIRED and probably making more money now for...

Are you ******* kidding me? You are trying to compare the endorsement abilities of Kobe Bryant and Serena Williams as professionals to...Devonta Smith and Trevor Lawrence as college athletes? This isn't happening, is it? Are people honestly this dense? And let's not even get started down the...

It will be hard to tell. Some of it may be a factor of how "lazy" a kid is. Might a kid take $250K to go to an SEC school that pays him just for signing, or does he go to Miami where he might make $400K over 4 years but he has to establish his own side-hustle? Who knows. But Dee just posted...

True. I'm not trying to stop the process, but I'm fine with not going "unlimited". Throwing around the word "unlimited" is like waving a red cape in front of a bull.

At the FAR OUTSIDE. More deals will be for a few thousand dollars. I think we all tend to assume that people who are famous or well-known or who model can suddenly command these massive salaries that we can only dream of. Not true. Again, take billboards. Sure, Devonta can probably be a...