Maybe. I wouldn't though....to an entity that provides payments to athletes?
No, and neither would I in its current version. If they change the NIL model to be more equitable across institutions, and so it’s not free agency in the NCAA, I might change my mind…but I can’t support the current model....to an entity that provides payments to athletes?
I agree Biggs that we are going to be outmatched in NIL. And if the Cougar village doesn’t want to help us be competing it’s going to be very tough.
The university is already in the business of tax forms, this wouldn’t be a heavy lift.Has this been thought of?
Example: When renewing your DOL Tabs in the state of Washington..."Would you like $5.00 to contribute to the Washington State Parks?
How about an option within the CAF renewal? *Please designate $$$ (X-number of dollars) to contribute to the Student NIL fund.
*Note: The CAF would either distribute equally to scholarship players, or to everyone on the roster.
Not sure if this is viable, but if they collected, let's say $100,000, and distributed it to the roster....at least it's something.
Will this disrupt a 5 Star NIL's merit? For instant, (from the example above) the 3 star recruit and a 5 star recruit both receive $1000. Will that take away from the 5 star recruit's perceived value, or merit?
I understand that it's possible a 1099 income tax Form must be generated and reported, and perhaps the University does not want to get involved issuing 1099's, but it's worth having a conversation over.
Your thoughts?
The use, administration and disclosure of state funds is so incredibly complex that it would become a clusterf*ck of epic proportions to establish a discretionary fund for the purpose of funneling money to individual student athletes based on NIL.Has this been thought of?
Example: When renewing your DOL Tabs in the state of Washington..."Would you like $5.00 to contribute to the Washington State Parks?
How about an option within the CAF renewal? *Please designate $$$ (X-number of dollars) to contribute to the Student NIL fund.
*Note: The CAF would either distribute equally to scholarship players, or to everyone on the roster.
Not sure if this is viable, but if they collected, let's say $100,000, and distributed it to the roster....at least it's something.
Will this disrupt a 5 Star NIL's merit? For instant, (from the example above) the 3 star recruit and a 5 star recruit both receive $1000. Will that take away from the 5 star recruit's perceived value, or merit?
I understand that it's possible a 1099 income tax Form must be generated and reported, and perhaps the University does not want to get involved issuing 1099's, but it's worth having a conversation over.
Your thoughts?
But…these aren’t state funds. They’re donor funds. Many of the restrictions and requirements for management & accounting do not apply.The use, administration and disclosure of state funds is so incredibly complex that it would become a clusterf*ck of epic proportions to establish a discretionary fund for the purpose of funneling money to individual student athletes based on NIL.
And in this state an incredibly real risk the money would end up in Nigeria.
If i must walk into the bedroom and ask one of the premier government finance and accounting professionals in the state if not the entire country, I can.But…these aren’t state funds. They’re donor funds. Many of the restrictions and requirements for management & accounting do not apply.
Well, there’s government and there’s higher Ed. They’re connected, but they’re not the same. Much like higher Ed funds - legislatively allocated funds and donor funds are “different colors of money,” and don’t follow the same rules.If i must walk into the bedroom and ask one of the premier government finance and accounting professionals in the state if not the entire country, I can.
It ain't as easy as 1-2-3.