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Bags are a reality in CFB...until they're not

D RevLee said:
The FBI knows what u search on Google, u think they don't know what's going on in college athletics? I don't buy it. I'm under the impression that schools like Bama are in cahoots with the NCAA. if they weren't, this would have been investigated a long time ago. It's not like it's a secret. The average CF fan knows about bagmen.
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I don't disagree. But, like all dictatorships, it looks like it will never end...until it does. Here's to hoping the wall of protection comes down sooner rather than later.
 
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filmcane said:
It's terrible right now and is actually, slowly killing the sport. On the other hand, I don't remember there ever being a time when this much media scrutiny on it. Also, let us not forget that this is not only an NCAA violation, but more importantly, a federal crime against the IRS. You cannot accept that much cash without claiming it and when you claim it, of course, it will be revealed who it came from and why. So, this isn't just a silly college thing, this is an actual crime.

Eventually, there will be enough smoke that the bag men and these bull donors will run for the hills and these short-sighted kids and their families will have to find other incentives for selecting a school to play at.
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The irs doesn’t give a **** where your income comes from as long as you pay them. So no, paying taxes won’t out u. Tho I have a hard time believing anyone declares that money, anyway.

There are tho laws regarding paying an amateur athlete to induce them to pick your school. I was surprised to hear this, but it’s the backbone of that lawsuit vs adidas.
 
1mg of Epi said:
The irs doesn’t give a **** where your income comes from as long as you pay them. So no, paying taxes won’t out u. Tho I have a hard time believing anyone declares that money, anyway.

There are tho laws regarding paying an amateur athlete to induce them to pick your school. I was surprised to hear this, but it’s the backbone of that lawsuit vs adidas.
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Actually, the IRS does care why you are receiving $200K, where it's coming from and other questions. And then, it wants you to pay the max amount of taxes on it.
 
If you think this bag **** can keep snowballing unchecked and that the IRS won’t come for theirs, you’re wrong. May take a while, but it’ll happen.
 
954canelife said:
Bro do you realize how much money the playoff is generating? They want Bama there every year, no sanction is going to come and if it was it would have happend years ago Bama has been doing this for like the last 10 years consistently.
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Exactly.....you dont run this hot for this long without doing some shady stuff.
 
filmcane said:
And, the Berlin Wall will never come down, and the Cubs will never win the series, and the Patriots will never win a Super Bowl... All that stuff is true until it isn't. If there is increased media scrutiny, something will break. Again, forget the NCAA, this is the IRS, and to quote Vader, "The Emperor is not as forgiving as I am."
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They wash the money now. The FBI does not care at all. They are collecting taxes on the payments. Nothing they are doing is illegal. Only the NCAA could step in.
 
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