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Collectives are Cracking

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SWFLSWAGG17 said:
I give to St. Matthews house to help with Thanksgiving and Christmas dinner. and Teen Challenge, Ft. Myers chapter. I personally know the CEO at Teen Challenge and have seen the difference it has made for people fighting addiction. Much higher success rates than typical in and out 28 day programs. Being we are from the same area, I thought you may know something about these two.
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The last 2yrs I've lived in SWFla...is the first I've lived here since 1987....So unfortunately I'm not well versed in regards to these programs, but Kudos to them.
 
arizonacane said:
Goodwill is a private company. Makes millions off items people donate. No cost of inventory! Salvation Army is the one to donate to!
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Even Salvation Army isn't nothing to brag about. I know the Orlando Salvation Army on Colonial Drive is an absolute mess...and has been for sometime. I do agree on Goodwill though.
 
Of course they are cracking, this whole thing has been a joke since the beginning. Boosters and fans are paying the players but the university still makes all the money. Stay woke, y'all!
 
Whether true or not Ruiz is smart by casting that doubt to others which would help us even more “.
 
SpikeUM said:
What concerns me is that many of these athletes will have large tax bills that will go unpaid.

Also, if say UM plays at a USC or UCLA, will the UM player now be liable for Cali taxes? Pro athletes do, and its hard to argue the players are "amateurs".
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As usual, unintended and not considered consequences when making the NIL decision/s.
 
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SpikeUM said:
What concerns me is that many of these athletes will have large tax bills that will go unpaid.

Also, if say UM plays at a USC or UCLA, will the UM player now be liable for Cali taxes? Pro athletes do, and its hard to argue the players are "amateurs".
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It's not hard to argue the players are amateurs. NIL is not paying them to play football. If a football player got a role in a commercial slinging widgets, they get paid for the work they are doing, which has nothing to do with Saturday on the field. Same concept with LW. Collectives get sketchy as there is no quid pro quo.
 
SWFLSWAGG17 said:
It's not hard to argue the players are amateurs. NIL is not paying them to play football. If a football player got a role in a commercial slinging widgets, they get paid for the work they are doing, which has nothing to do with Saturday on the field. Same concept with LW. Collectives get sketchy as there is no quid pro quo.
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Will tax starved states care about that differentiation? States such as NY and cities like NYC also tax non residents who visit on business.
 
JD08 said:
Up until 2010 or so, Shriner's Hospital didn't even bill insurance because they wanted complete control over treatment. The biggest disaster since ACA has been the demise of the community nonprofit hospital. Fortunately, ones like St Jude and Shriners have been able to stay independent.
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Interesting insight. Why do you think this is happening due to the ACA?
 
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South AfriCane said:
Interesting insight. Why do you think this is happening due to the ACA?
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It's not just due to that, but it helps. Medicare is moving its reimbursement model from fee for service to fee for value. That means smaller players are more impacted than larger ones just by the volume of patients. Another factor is the move to outpatient. A lot of smaller hospitals didn't have the infrastructure for that or had to compete against established players. The push for electronic health records has raised IT costs for a lot of systems. They end up having to align with a big player and piggyback (eventually merging) or suffer with a scaled down version of software and limited access to things like reporting.

I don't really see it as a malicious intent of the ACA, but it's a byproduct that has smaller systems joining larger nonprofits. In Florida, 2 or 3 joined Cleveland Clinic, and at least one joined Baptist. I know HCA or Tenet picked up some too. One of the systems that joined Cleveland used to have a policy that if you were a member of the community, you'd get full treatment regardless of cost. A person living in poverty who got cancer would get the same treatment as a millionaire and the bill would be covered by charitable donations.
 
SpikeUM said:
What concerns me is that many of these athletes will have large tax bills that will go unpaid.

Also, if say UM plays at a USC or UCLA, will the UM player now be liable for Cali taxes? Pro athletes do, and its hard to argue the players are "amateurs".
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Pro athletes are paid to play the game, so yes if you have a game in CA, you have to pay CA taxes on that game check. I do not think pro signing bonuses are taxed anywhere but the state of residence.

Most NIL deals are for performing some other service, not the game. If you are featured in an ad, I think that income would be taxed in state of residence. If you have to perform a service in person (at a camp or corporate location), then they would likely pay taxes or report that income as earned in that state where the services were performed. Not saying states couldn't get creative, but seems like a stretch for now.

If players were ever treated as employees of the university, then the pro treatment would be right on point.
 
numbers said:
Pro athletes are paid to play the game, so yes if you have a game in CA, you have to pay CA taxes on that game check. I do not think pro signing bonuses are taxed anywhere but the state of residence.

Most NIL deals are for performing some other service, not the game. If you are featured in an ad, I think that income would be taxed in state of residence. If you have to perform a service in person (at a camp or corporate location), then they would likely pay taxes or report that income as earned in that state where the services were performed. Not saying states couldn't get creative, but seems like a stretch for now.

If players were ever treated as employees of the university, then the pro treatment would be right on point.
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Good points, thank you.
 
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