Revenue Sharing (school pays) vs Canes Connection -taxes

[TheOriginalCane]

Well for the non-profit collectives, despite @TheOriginalCane valid point about how much it actually helps, there's always a push at the end of the year for donations to reduce tax liability.

But that doesn't help with Canes Connection.

Donor-match is great for motivational tactics.

But everyone's individual tax situation is what it is, and whether such contributions help depends greatly.

Honestly, while this is timed to "end of year", the reality is that the timing is more about PORTAL than taxes.

I would also ask: who actually believes those car dealer ads about how they have to "reduce their inventory" for "tax purposes" every December?

 

[3FW]

That's not how its going to work.

Football will get roughly $15M of the $20.5M.

If that was divided evenly (which its NOT going to be) ...

$15M divided by 105 = $143k per avg
$15M divided by 85 = $176k per avg

The $20.5M is also NOT going to be strictly "salary" to student athletes .... its going to be spent on additional coaches, services, etc.

Yep, saw the split. Understand it better now.

 

[1mg of Epi]

Since it’s illegal to tell anybody they can or can’t make a living, or how, rev share is separate from NIL.

Seems obvious that in the absence of collective bargaining, NIL and collectives will still be a primary recruiting/retention tool, regardless of any dollars athletes get from the university.

But also I should point out here that I have no real idea what I’m talking about.

 

[PennsylvaniaCane]

At what point does revenue sharing get challenged by a school that says 20 million……we want to make it 40 million.

 

[TheOriginalCane]

At what point does revenue sharing get challenged by a school that says 20 million……we want to make it 40 million.

Because all schools are currently in agreement.

Whether that agreement will last forever, who knows.