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  2. NCAA athletes face tax consequences following rule change on ...

    www.aol.com/finance/ncaa-athletes-face-tax...

    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 ...

  3. Paying college athletes appears closer than ever. How could ...

    www.aol.com/news/paying-college-athletes-appears...

    A new system for compensating college athletes would be needed to avoid similar challenges in the future; for example, anything that looks like a cap on compensation by, say, the four major ...

  4. Student athlete compensation - Wikipedia

    en.wikipedia.org/wiki/Student_athlete_compensation

    A common refrain exists in most discussions regarding the potential right for NCAA college athletes to be paid for their services: the argument that college are already paid by virtue of their receipt of in-kind benefits including room and board, daily meals, and a full athletic scholarship. According to these commentators, college athletes do ...

  5. Tax Implications When NCAA Student Athletes Make Money - AOL

    www.aol.com/news/tax-implications-ncaa-student...

    Now that college athletes can profit from their name, image and likeness (NIL), they should know those deals for limo rides, free gear and endorsements can come with some strings attached.

  6. National Collegiate Athletic Association v. Alston - Wikipedia

    en.wikipedia.org/wiki/National_Collegiate...

    Because the school benefits from the performance of the players, the NCAA had established rules to limit the type of compensation that the school could give to student athletes as to distinguish college athletics from professional sports. This had included disallowing "non-cash education-related benefits" such as scholarships and internships so ...

  7. Sports At Any Cost: Take Our College Sports Subsidy Data

    projects.huffingtonpost.com/ncaa/reporters-note

    College sports yield indelible moments that unite campuses and provide a path to a quality higher education for thousands of students who might otherwise not be able to afford it. Many of the people we interviewed, including legendary coach Bill Curry, have devoted their careers to college athletics — but worry that too many schools are ...

  8. Luxury tax (sports) - Wikipedia

    en.wikipedia.org/wiki/Luxury_tax_(sports)

    A luxury tax in professional sports is a surcharge put on the aggregate payroll of a team to the extent to which it exceeds a predetermined guideline level set by the league. The ostensible purpose of this "tax" is to prevent teams in major markets with high incomes from signing almost all of the more talented players and hence destroying the ...

  9. NCAA athletes face tax consequences following rule change on ...

    www.aol.com/news/ncaa-athletes-face-consequences...

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