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My Rashada and Gator info

TemplarCane said:
Fair enough. Wonder if anyone has sued for misreporting of income, which generated an audit? Or if the IRS or a State Tax Authority has performed an audit solely based this type of information? How about an invasion of privacy? Or is Rashada a public figure? He has been tweeting about his recruitment and his commitment. He went public, after all.

Fun chatter!
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The difficult issue is "how do you disprove a non-event?" Meaning, if I pulled a whistle-blower move and called the IRS to tell them that "TemplarCane" had received $10M of income that he failed to disclose, HOW DO YOU DISPROVE SOMETHING THAT NEVER HAPPENED? And, sure, I realize they'll try some forensic methods, particularly if there are no EXPENDITURES or discoverable bank accounts adding up to $10M. But Rashada could have parked the money offshore, right?

It's bizarre is what it is. And I would NOT say that "Rashada went public". He certainly didn't disclose the NIL deal on his own. Other people did that to him.
 
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RedPill Stepdad said:
yeah yesterday, after hearing the kid speak for the first time, he didn't come off as the type of kid that his recruitment would lead you to believe. I got the vibe that he was genuinely relieved for this stuff to be over with. seems to have a good head on his shoulders and I don't think he wavers on his commitment.
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You can be a businessman and also not be an *******. Kid clearly recognized the new world we live in and made sure he got his. But that by itself doesn’t mean he handled the recruitment poorly.

If anything it seems (reading between the lines) that he was pretty transparent about it and didn’t lead anybody on.
 
TheOriginalCane said:
The difficult issue is "how do you disprove a non-event?" Meaning, if I pulled a whistle-blower move and called the IRS to tell them that "TemplarCane" had received $10M of income that he failed to disclose, HOW DO YOU DISPROVE SOMETHING THAT NEVER HAPPENED? And, sure, I realize they'll try some forensic methods, particularly if there are no EXPENDITURES or discoverable bank accounts adding up to $10M. But Rashada could have parked the money offshore, right?

It's bizarre is what it is. And I would NOT say that "Rashada went public". He certainly didn't disclose the NIL deal on his own. Other people did that to him.
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Yes, it’s strange, for sure.

But no one is accusing anyone of tax fraud or tax evasion.

And if I held a press conference announcing I was attending The U and someone asked, ‘how do you respond to rumors you’ve agreed to an NIL deal worth $10M, and was this less than Florida offered?’, and I responded, ‘that is false’…what’s the problem? I WAS publicly discussing my commitment, I called the press conference.

But no one asked this at his press conference either.

Might depend on what qualifies an journalism and what doesn’t?

Interesting. Thanks for the convo, as always.
 
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TemplarCane said:
Fair enough. Wonder if anyone has sued for misreporting of income, which generated an audit? Or if the IRS or a State Tax Authority has performed an audit solely based this type of information? How about an invasion of privacy? Or is Rashada a public figure? He has been tweeting about his recruitment and his commitment. He went public, after all. Press conference and everything.

Fun chatter!
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Unlikely. If the 1099(s) issued for the NIL compensation he receives match what’s on his tax return, chances of him being audited are slim, regardless of people running there mouths. The IRS hears false stories of what people are allegedly making all day long, usually from a competitor, ex, etc.

Now, any other alleged overt acts willfully being engaged in to hide income by the filer and/or the business paying him won’t yield an Exam audit, but will likely get a person a visit from CI.
 
Tad Footeball said:
This weirdo is UiF's knight in shining armor? Their big baller? Their "mega-donor"? This dude looks like Bill Maher and Andrew Dice Clay had a kid. A guy whose biggest claim to fame in their little hilljack world is selling his company for $500 mil and once making a broad donation of a whole $12 mil to the school?

Surrre, it's more money than most of us will see or give but this ain't a "whale" in the new world (or the old world) of boosters and NIL.

View attachment 192944View attachment 192945
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Dude has a creeper, can’t be within 500ft of a school kinda vibe.
 
The Gators are mad. Bama is mad - because their bag game for decades and decades is now a bit archaic and lost its shine.

Miami when they have a good coaching staff scares the doo-doo out of everyone who recalls the good UM coaches.

They also know UM never had a bag game. That was a SEC and Major Teams gig, but now USC (private) and UM (private) not only have good coaches - but they're demonstrating "in you face" that they now can provide players certain "financial rewards" just like the Big Boys.

The overstatement of the NIL is an attempt - not to hurt UM so much - it really can't - but to cause tension and resentment in the locker room. The financial numbers between the "have's" and "have-nots" get too big - I can see that being a bit of a problem, causing annual 'realignments.'

The point is at this early stage in the new allowances - "go ahead - put your money out there - we CAN and WILL beat you." It gets to the point "if Xxxxxxx is a UM priority - lets' move on - UM has all the advantages."

It's a form of psychological dislocation for opposing teams. UM and the state of Florida have a scary wealth of players, and if one can just see the current trajectory of UM - and USC - both have ideal locations, weather, other draws - compared to college town that had to pay out the hoo-hoo to get players to come - and win games.

UM and USC can now pay. Threatening to leave them in the dust - kicking cow turds, frog gigging, cow tipping, and tire tubing down at the mudhole.
 
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JOE'CANE said:
I'm glad Miami won the recruiting battle, especially against UF, but recruiting has gotten ridiculous.
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Respectfully, I disagree with this. What we had prior to NIL was:

  • Certain schools allegedly "handing out bags" to get commitments from recruits.
  • Only a handful of schools were "sacred cows" and could behave this way (allegedly) without getting caught because there were certain former $EC cronies protecting them (allegedly). Notice how those sacred cows were never investigated.
  • Other schools (such as Miami and SMU) were consistently targeted on the other hand because we represented a threat to the billion dollar TV contracts and supremacy of the chosen few.
  • End result: same darn teams in the CFB playoffs EVERY YEAR. Love CFB but it was becoming incredibly stale in terms of competitive balance at the top.

NIL ain't perfect (and it will be fascinating to see how it plays out in the long term) but for now it seems to have allowed more than 5-6 schools to be highly competitive. There could well come a time when the numbers just get out of hand.

Thankfully, we have Mr. Ruiz and others doing some fine work. We should all be very grateful for the great work he is doing. While he may want to pick his spots more carefully (especially with respect to specific details), he has to be visible to establish Miami as one of the leaders in this new landscape. It's marketing.

I'm stoked at the prospect of Mario & Co. crushing it in recruiting this year (and next) and having the potential for a serious run at a MNC in the not-too-distant future.
 
If Gaby gets heat for his recruiting reports, Ferman should be toasted. Godzilla looking *** ****. He should be banned from campus for that lie
 
TheOriginalCane said:
Gary, as per usual, is FULL OF ****E.

on3 wants everyone to believe that Caspino FIRST went out and bragged bout $9.5 million to $11 million, ONLY TO IMMEDIATELY CONTRADICT HIMSELF BY SAYING THAT THE AMOUNTS WERE NOT THAT HIGH.

"Not the writers' fault"... Look, when Nico's deal was reported, the reporter actually SAW the NIL document. But on3 is running some big article based on, what, an oral claim with no written documentation?

Once again, fvck Fur Man.

Oh, yeah, "if it is made up, it would not be by the writer". YEAH, THAT'S WHY YOU'RE SUPPOSED TO FACT-CHECK AND GET INDEPENDENT CONFIRMATION.

Nevin Shapiro/Yahoo Sports 2.0 and Fur Man is right in the middle of it all over again.

"There is at least partial truth". WHAT? So if someone says "100 million", and the number is really "4 million", then it's 4% true? GTFOH with that bullcrap, Gary. "Partial truth", my a$$.
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The quote I read from the original article seemed purposely misleading. They mention the monetary value of the NIL deals coming from “sources” immediately following the quote from Caspino. It’s heavily implying that Caspino himself gave them the figures. Lots of fans have even run with that. In reality “sources” gave them the completely make believe numbers they reported. That publication is a joke
 
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pacusmc said:
💯 on the younger dudes not understanding the disdain the cfb world has had for UM.
I also have been saying that Ruiz should lay low.
But even if our boosters laid low the ncaa and the blue bloods would still try to find a way to come here and cast a cloud of doubt if we landed a top class and beat out blue bloods for players.
Ruiz is vocal but he’s respectful and has been inviting to the ncaa and has been compliant with the Florida rules.

But as we all know the ncaaa doesn’t have to find anything. It can just say “we’ve been notified of potential serious and impermissible benefits as well as several high level recruiting violations”
“In my years of enforcing ncaa compliance we haven’t had anywhere near the magnitude and number of violations that we have been made aware of”.
“we will be conducting an extensive and thorough investigation into all aspects of the program”
“Given the number of players and different entities involved we can not give an exact time frame for a conclusion to be made”

Sound familiar?

But as I step off the cliff of Shapiro ptsd I would also have to say that the ncaa needs to tread lightly.
This isn’t Miami against the ncaa and a spineless BOT.
Going after Miami would cast a huge target on the ncaa considering the already highly publicized nil deals with multiple programs.
Ryan day talking about a 13 million dollar budget.
TAMU, Vols, Saban bragging about his qb’s nil.

Generations perceive things differently. Josh Pate from 247 responded to a tweet that asked “why is Alabama seen more of a bad guy than UM”

He then posted a video saying “I don’t think you younger guys understand how much and for how long Miami was hated”
He then did a Twitter poll where the majority of respondents said Alabama has a worse reputation than miami.
So while we have a warranted persecution complex, there is a generation of younger fans that don’t see us as the bad guy anymore. The ncaa might have some old blue blood heads on their side but a lot of fans don’t see it that way
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Exactly. It’s a different day than it was even 10 years ago. If the NCAA were to go after Miami for doing what everyone else is doing, there would be a huge backlash in the media. A lot of the big personalities on TV and the internet have utter disdain for the NCAA and how they’ve operated but would often have to bite their tongues because while everyone knows certain teams have been breaking the rules, you have to tread very lightly when accusing someone of something you don’t have blatant proof of. A Kirk Herbstreit or Josh Pate couldn’t say “well of course Alabama’s paying players, look at the kids’ instagrams of them all posing with new cars”. There’s no hard proof that those cars were bought by Bama boosters. Now there’s legal documents breaking down who’s paying who and for how much. They can’t blame Miami without taking down half the teams in the P5 also.
 
Rellyrell said:
Welp….the kid speaks for himselfView attachment 193134
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@Angry Ibis made me do it
 
TheOriginalCane said:
The difficult issue is "how do you disprove a non-event?" Meaning, if I pulled a whistle-blower move and called the IRS to tell them that "TemplarCane" had received $10M of income that he failed to disclose, HOW DO YOU DISPROVE SOMETHING THAT NEVER HAPPENED? And, sure, I realize they'll try some forensic methods, particularly if there are no EXPENDITURES or discoverable bank accounts adding up to $10M. But Rashada could have parked the money offshore, right?

It's bizarre is what it is. And I would NOT say that "Rashada went public". He certainly didn't disclose the NIL deal on his own. Other people did that to him.
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??? Fraud?? Tax Evasion??? To date there reportedly isn't even a fully executed (signed) agreement. By all reports the Gator number that had been offered was $1.5 million for 4 years or $6 million total, and the UM NIL group had a lower number. Now that there is actually a commitment from Rashada the group offering the NIL can speak directly with Rashada and they can execute a contract including payment terms ... most likely over 4 years. Rashada receives money, files his tax return like anyone else. Only issues in this entire drama is date of contact by interested parties, and the fact that in California contact dates and procedures are dramatically different than Florida ... an issue that needs to be rectified so the landscape is less complicated and easier to navigate.
 
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