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A 2023 student-athlete health and wellness study conducted by the NCAA found that 67% of participants in women’s sports wished coaches and administrators talked more about mental wellness.
The tax implications can also affect the parents of student athletes. “Many athletes are still dependents on their parents' tax returns and NIL deals might reduce financial aid awards and impact ...
In the past year, five student athletes have taken their own lives in part due to mental health challenges they were facing. [52] There are varying opinions on the best way to approach mental health issues within the student athlete community. Some believe that schools should provide mental health counselors available for student athletes.
A new bill proposed in the Georgia legislature aims to eliminate the state’s 5.49 percent income tax for college athletes on their NIL deals. Georgia may change law so it can coddle rich college ...
A settlement being discussed in an antitrust lawsuit against the NCAA and major college conferences could cost billions and pave the way for a compensation model for college athletes. An agreement ...
Her current seniors were the first group of collegiate athletes to benefit from NIL, or "Name, Image and Likeness," enabling them to earn money from sponsorships, endorsements and social media ...
Unlike employees who receive a W-2 where FICA and other taxes are withheld, most of these athletes receive a 1099. So they are responsible for Social Security, Medicare, and state taxes on revenue ...
The National Labor Relations Board rescinded a Biden-administration memorandum that viewed college athletes as employees of their schools. ... Health. Health. Fitness ... IRS employees accept OPM ...