Tyreke Johnson wants to air some dirty laundry
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I think you’re selling the kids short. They’re gonna know that this kid wasn’t a legit five star. There are top 100 kids who wash out every year and their opinions don’t matter much.
A lot of the big money donors got there because the were careful with their money. And there are going to be a lot of high paid athletes in college football who do very little for their teams. The majority of NU’s big $ NIL transfers haven’t really done much. Some have played but definitely didn’t produce. At least if the $$ go to the new facility, then they know it didn’t get wasted.
I think he actually declared for the draft. Could be wrong but I remember thinking that was odd.
Why doesn't he just lay it out on Twitter? Why does he need somebody to interview him?
Let's get this overwith so I can go back to not remembering that this guy 'played' here...
When did Tyreke quit playing for Nebraska? If he played for us I must have fallen asleep in my chair or went to get another beer. An aspiring 5 star career shot to hell and he blames Nebraska for his lack of "name, image and likeness." Very charming.
On the flip side, is paying big money to a facility expansion financially smart if the team continues to be awful? Are you assuming that if team continues to suck, fans will always show up? At what point for we become the college football version of the lovable losers then?
NFL teams have busts that they overpaid. But they don’t stop investing in personal. If theirs a problem with overpaying for mediocre players, the problem isn’t we pay players too much, it’s we paid the wrong players too much. That needs to be fixed on the coaching end and recruiting
One could argue that donating to the school is a charitable event, and thus a charitable deduction. But if your wealthy enough and have a business, an NIL could be deemed a business expense and a much better tax deduction then charity
Here's a nice article on the npg tyreke situation: https://herbieshangout.com/2023/05/25/johnson-and-npg-tweets/
You made a lot of good counterpoints. It's an interesting debate. Facility expansion & updates are important if it's done the right way. But certainly, it's not the game changer some make it out to be- case in point is Fred's basketball squad. As for NU football, I think we already are the "lovable losers" although we don't recognize that in our Husker bubble.
NFL teams- Teams with management on the hot seat that overspend in an attempt to win right away almost always come up short. Scott Frost did his own college football version of that last year. Your comment of "Paying the wrong players too much" is right on the money! Personally, in a developmental program I think the right approach is to spread the money around as best you can and try to avoid getting into situations like where backups are making a half million dollars while a non-scholarship guy plays ahead of them. These kids are like everyone else-- when they see B.S. they will recognize it as such. Morale, effort and team performance gets hurt.
One thing I do disagree with is NIL as a tax deduction. Not to bring politics into it-- if America's college football fans (individual's or businesses) want to pay to have their team's players all driving brand new trucks and sports cars, I guess that's how it will be. But that should not be a tax deduction.
If you don't play you should not get a dime, let's just do pay for performance.
A&M is buying #1 classes AND building new facilities. NU needs to up the NIL game. Have any of you guys seen ads or been requested for NIL. Certainly lots of fans would give $10/month.
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I hear the 1892 radio commercial a lot. I did some snooping and they don’t have monthly plans available, which seems like lost opportunity.
If dude was paid $1 more than his scholarship value, he ripped someone off.
He expects that some website will pay him for his interview.
I agree with you that any BS NIL donation shouldn’t be a tax write off. but if it’s legitimate, I think it should.
Decoldest commercial for SOS heating & cooling probably did a lot for the company. It was legitimate advertising. So in those situations, they should be considered a business tax deduction.
I think we both agree Nebraska is falling behind in the NIL game. ON3 currently has Elliot Brown as the highest NIL player in the program and he’s a Walk-On that will never play. They have to do better.
Why should it not be a tax deduction? It’s an expense to the business. Which the player will pay the income tax on. Why should it get taxed twice?
If a business buys Husker tickets and a tailgate spot to bring customers (occasions) it’s a deductible expense. Why wouldn’t giving to the NIL be?
If it's a legitimate business expense, it should be deductible. A big money booster giving money to athletes through some sort of middleman is not a legitimate business expense. NIL as it's practiced now is not much different than what cheating programs have been doing for years. Just because the NCAA cannot stop it, doesn't mean it should be tax deductible.
As for tickets, that is deductible if it was a business expense but most people I know who use it as a deduction have family members using the tickets week after week after week.
I understand what you're saying. Look at the article with dump stadiums....Bama, Michigan, ND.....
Tickets to a sporting event are not deductible as a business expense.
A guy I know suggested that we quit the facilities war as it's not a factor anymore. Tell the boosters to buy our players instead. Would you rather the company you work for double your salary or build a fancier breakroom?
IF the tickets to a sporting event were part of an agreed to payment for goods or services they might be considered a legitimate business expense. The recipient of those tickets would then need to count the value of the tickets as income. The donations to the UN Foundation for the right to buy tickets I believe is completely deductible as a charitable gift.
You can't deduct "donations" to the foundation anymore. That was eliminated in the big tax overhaul in 2018 or whatever year. IICR 80% of the "donation" was deductible.
One of the follies of nil.
How do you pay players without causing dissension? And what if you end up with a bill of goods like that defensive end last year? How do you maintain discipline?
They 100% are. My last company I worked for had multiple season tickets to multiple events. All were business expenses.
He had better lawyer up then. No way this doesn’t come with iron clad NDAs unless Davison is that dumb.
I agree with the sentiment that NIL should be tied to performance. These sad sacks play for all the money they can get and then have no motivation to work for it.
Show me the tax code reference where they are legal. Just because they claim to have deducted them doesn't mean they did so according to the tax code.
Very true. You can’t deduct them as entertainment expenses but I guarantee you that there’s a lot of things that get buried in the books of businesses as marketing/advertising expenses.
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