Revenue Sharing (school pays) vs Canes Connection -taxes

[Yoyo82]

@DMoney or anybody else that knows maybe you can help me with clarity about this but with revenue sharing coming to college football, that's an much more attractive option to donate funds to the school as a tax deduction rather than to the Collective since it's not..for those in higher tax brackets, it's almost like doubling what you can give.

What happens to Canes Connection when revenue sharing starts? If the school can pay the players, and we can donate to the school and deduct it from our taxes, why would we give to Canes Connection?

 

[George84]

Because revenue sharing is capped, I believe.

 

[MiamisMoperiestMopes]

I could be totally wrong but the revenue sharing is different from NIL. So they’ll get that (revenue sharing) and then whatever deal they can work for their NIL

 

[Yoyo82]

Because revenue sharing is capped, I believe.

That would make sense..at that $20mil number? And that's for all student athletes right?

 

[SCarolina Ibis]

Because revenue sharing is capped, I believe.

It is, and school aren't required to fully fund it.

But I asked D about it in another thread and he said UM would fully fund.

 

[swat1]

Revenue sharing comes directly from the school. NIL comes "indirectly" from the school...i.e outside sources.

 

[ncncanes]

With all do respect - we have no clue how this will play out

NIL was supposed to be about kids signing up for advertising opportunities and getting paid
- While some of that is happening = most of it is direct payment