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Finally, the few college athletes earning millions from NIL may benefit from setting up an LLC to report income on Schedule C of their tax returns, which allows them to deduct other expenses, like ...
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.
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 ...
Due to the increasing popularity of college sports because of television and media coverage, some players on college sports teams are receiving compensation from sources other than the NCAA. [32] For instance, CBS paid around $800 million for broadcasting rights to a three-week 2014 men's basketball tournament. [ 32 ]
Alston, 594 U.S. ___ (2021), was a landmark United States Supreme Court case concerning the compensation of collegiate athletes within the National Collegiate Athletic Association (NCAA). It followed from a previous case, O'Bannon v. NCAA, in which it was found that the NCAA was profiting from the namesake and likenesses of college athletes ...
College athletes could soon get dramatically different paychecks. At issue is a lawsuit called House v. the National Collegiate Athletics Association (NCAA), a class action that seeks to change ...
Coaches are offered contracts and if any contractual agreement is violated NCAA has the right to hold any person(s) under the contract liable. [1] Title IX is an increasingly important issue in college sports law. [2] The act, passed in 1972, makes it illegal for a federally funded institution to discriminate on the basis of sex or gender. In ...
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 ...