"Significant news out today from the US Dept. of Education on Title IX....."

[CRazzle]

Source

"Significant news out today from the US Dept. of Ed, which classifies future revenue distributions from a school to an athlete for his/her NIL rights as “financial assistance,” which “must be made proportionately available to male and female athletes” or risk violating Title IX....The Department of Education goes hard, even targeting NIL compensation from some third parties, specifically those affiliated with boosters."The fact that funds are provided by a private source does not relieve a school of its responsibility" for Title IX compliance."

 

[ClarindaA's]

Source

"Significant news out today from the US Dept. of Ed, which classifies future revenue distributions from a school to an athlete for his/her NIL rights as “financial assistance,” which “must be made proportionately available to male and female athletes” or risk violating Title IX....The Department of Education goes hard, even targeting NIL compensation from some third parties, specifically those affiliated with boosters."The fact that funds are provided by a private source does not relieve a school of its responsibility" for Title IX compliance."

That’s ghey. We all know what sports have financial value. **** this shit

 

[Fan In Black]

as long it covers education costs this is a nothing burger IMO.

 

[hawkjt]

They won't quit til all non- revenue sports are gone.

 

[Bank of Hawk]

It will stop some NIL donations cause if it has to be split evenly with the 4th string womens gymnast , no one will be donating to NIL

 

[peacehawk]

Kill the SWARM

 

[ClarindaA's]

If it’s dollars from donors to athletes, we should get some say as to which sport the money goes to.

 

[onlyTheObvious]

it should not be tax deductible, if it even is now.

 

[hawkjt]

Maybe this hardcore conservative SCOTUS should be invited to weigh in on title 9?

I know, they are free market zealots, hence there position on NCAA restrictions but doesn't title 9 restrict earnings for revenue generators(FB players) also?

I dislike this court but maybe we could get some benefit from their efforts to take this country back to the 1950s?

 

[hexumhawk]

We have to go back

 

[onlyTheObvious]

About 808 athletes at Iowa. If everything has to be equal a $1000 gives each athlete $1.23

 

[Heathen Raider]

That Dept of Education is going into the dumpster in 4 Days and the Adults will be back in charge . F%%% em. Giving equal say to a net loss endeavor as opposed to the endeavors that generate the income for all to survive is Communist in every way, If a Sport Mens or Women's cannot self sustain without being a tapeworm on others it should be killed in the cradle. You rise by merit and deeds in America , Country lost it's way when the government inserted itself into being babysitters and wards for the useless.

 

[Metuo Accipiter]

Kill the SWARM

This news isn't about the SWARM. This is about Athletic Departments and the plan to revenue share with athletes.

 

[toddhawkwi]

it should not be tax deductible, if it even is now.

I guess my question is exactly that. How can ANY of this money at most institutions be tax deductible? People won't just hand millions to athletics with no personal return. I understand the SWARM is set up so that the moneys donated are clearly tax deductible and the students are providing value beyond just "pay for play". But at most schools (hint - the entire SEC), all I see is 100% pay for play. Can ANYONE explain how ANY of this is tax deductible? I always felt NIL would grind to a halt when it was quickly ruled that these NIL contributions meet NO criteria for tax deductibility (which they don't). But that hasn't happened. Just wondering where all this sits.

 

[DEMGR]

So the SEC will be back in the lead of the $$$$ under-the-table game????

 

[Bank of Hawk]

I guess my question is exactly that. How can ANY of this money at most institutions be tax deductible? People won't just hand millions to athletics with no personal return. I understand the SWARM is set up so that the moneys donated are clearly tax deductible and the students are providing value beyond just "pay for play". But at most schools (hint - the entire SEC), all I see is 100% pay for play. Can ANYONE explain how ANY of this is tax deductible? I always felt NIL would grind to a halt when it was quickly ruled that these NIL contributions meet NO criteria for tax deductibility (which they don't). But that hasn't happened. Just wondering where all this sits.

I believe the gist of the tax deduction is that the athletes have to perform some community service to get paid through the NIL.

However having it be tax exempt, brings greater scrutiny from the feds.

 

[Thunderlips71]

Does this mean Akrum Wadley will finally get his?

 

[Bank of Hawk]

Does this mean Akrum Wadley will finally get his?

He fooled me out of $80 .. I said to myself at the time if he was really that hard up he should just ask for Hawkeye fans to help him out, straight up… I would have thrown him a few dollars because he did give me good memories of Hawkeye football.

 

[cm8124]

Bump

 

[SI_NYC]

That Dept of Education is going into the dumpster in 4 Days and the Adults will be back in charge . F%%% em. Giving equal say to a net loss endeavor as opposed to the endeavors that generate the income for all to survive is Communist in every way, If a Sport Mens or Women's cannot self sustain without being a tapeworm on others it should be killed in the cradle. You rise by merit and deeds in America , Country lost it's way when the government inserted itself into being babysitters and wards for the useless.

There are no adults in the incoming admin. Only grifters.

 

[Sett1997]

There are no adults in the incoming admin. Only grifters.

 

[Rose bowl or bust]

I believe the gist of the tax deduction is that the athletes have to perform some community service to get paid through the NIL.

However having it be tax exempt, brings greater scrutiny from the feds.

Doing "community service to get paid" used to be called a job. That should be taxable.

 

[hawkjt]

Original NIL concept:
Student- athletes choose a school, build a brand on the field, then cash in on that brand in legit marketing role for businesses seeking to be associated with celeb- athlete.

Real- world NIL: big donors contribute to buy or retain talent from HS to portal or current roster.

This ruling says that not only does revenue sharing need to adhere to title 9 but also collectives?

So some person on the tennis team will get NIL compensation from swarm as well as revenue share from school?

This is nuts. Who wants to give to swarm to provide for a tennis player?

 

[ObeseMuffins]

But isn’t revenue sharing based on television contracts?

 

[kceasthawk]

Source

"Significant news out today from the US Dept. of Ed, which classifies future revenue distributions from a school to an athlete for his/her NIL rights as “financial assistance,” which “must be made proportionately available to male and female athletes” or risk violating Title IX....The Department of Education goes hard, even targeting NIL compensation from some third parties, specifically those affiliated with boosters."The fact that funds are provided by a private source does not relieve a school of its responsibility" for Title IX compliance."

Told you this was coming.....

 

[Cormac McHawkeye]

That Dept of Education is going into the dumpster in 4 Days and the Adults will be back in charge . F%%% em. Giving equal say to a net loss endeavor as opposed to the endeavors that generate the income for all to survive is Communist in every way, If a Sport Mens or Women's cannot self sustain without being a tapeworm on others it should be killed in the cradle. You rise by merit and deeds in America , Country lost it's way when the government inserted itself into being babysitters and wards for the useless.

Interesting. Salary caps are communist too (I’ve made that complaint about the communist NFL as well), yet I keep seeing people here saying there should be a salary cap in college football. I say let the teams bid for players at will and let the free market reign!

 

[HawkNole09]

It is beyond me how a non-revenue athlete should reap any reward from revenue sharing. It would be the same as if I, a non-NFL player laid claim to NFL profit sharing. The courts would laugh.

 

[jdv77]

There are two distinct possibilities here:
(1) Despite the fact that the Department of Education uses the word NIL, which would seemingly include collectives, the Department of Education is only referring to the NIL that is directly administered by the schools. If you will recall, the settlement of the class action lawsuits against the NCAA allowed for the schools to directly dole out NIL money:

• Going forward, the settlement allows the A5 conference member institutions (and other DI schools that choose to participate in the new structure) to provide increased benefits to student-athletes, including for NIL. If approved by the court, this model will allow schools to provide up to 22% of the average Autonomy 5 athletic media, ticket, and sponsorship revenue to student-athletes, starting in the 2025-26 academic year. The future model could result in student-athletes receiving $1.5 billion to $2 billion in new benefits annually.
  • The new benefits that may be made available to student-athletes would be in addition to the myriad benefits currently provided to student-athletes, including free tuition, room & board, educational grants, academic support and tutoring, medical and mental health resources & support, nutrition resources & support, life skills development, superior coaching and training and extended medical coverage after they stop competing. Adding these existing benefits together with the benefits to be available under the new model, many A5 schools would be providing nearly 50 percent of athletics revenue to their student-athletes.
  • Under the new model, institutions may pay student-athletes directly for their NIL rights. Any institutional NIL payments would apply toward the 22% cap. Third parties may continue to enter into NIL agreements with student-athletes. Such agreements will be subject to review to ensure they are legitimate, fair market value agreements and not used for pay-for-play. NIL payments by third parties would not apply toward the 22% cap but must be disclosed to a clearinghouse for review.
  • The new model allows for the establishment of a robust and effective enforcement and oversight program to ensure the new NIL model achieves its objectives. The establishment of a clearinghouse for NIL payments over $600 would give institutions access to information about external NIL activities, providing a level of transparency that does not currently exist to allow for better management of third-party influence and better assurance of legitimate NIL activity.

(2) The Department of Education has no clue, and thinks that this proclamation will apply not only to school-administered NIL but also to collectives and legitimate commercial NIL deals such as Caitlin Clark's deal with State Farm.

I lean towards the first scenario, maybe only by a 60/40 likelihood, and think that the Department of Education is only intending to control school-administered NIL. It still is a dumb pronouncement, or at least one that ignores economic reality, in that not all sports generate revenue, publicity or fame for their athletes. But if this only applies to direct school NIL payments, it would not eliminate your ability to direct collectives support only to football or men's basketball.

 

[RothMatt]

There are no adults in the incoming admin. Only grifters.

Your handle says it all

 

[LarryMullenJr.]

Maybe this hardcore conservative SCOTUS should be invited to weigh in on title 9?

I know, they are free market zealots, hence there position on NCAA restrictions but doesn't title 9 restrict earnings for revenue generators(FB players) also?

I dislike this court but maybe we could get some benefit from their efforts to take this country back to the 1950s?

Idiot much?

 

[SI_NYC]

Did you buy some Trump Crypto yesterday?

 

[BHoppy]

"The memo is not as clear in providing guidance on how payments from booster collectives closely associated with their schools are impacted by Title IX law. It states that the department does not consider money provided by a third party in an NIL deal as athletic financial assistance like the future revenue sharing payments or scholarship dollars. But if money from private sources ends up creating a disparity in an athletic program, it is possible that NIL agreements could "trigger a school's Title IX obligations."

https://www.espn.com/college-sports...ation-says-title-ix-applies-payments-athletes

 

[ClarindaA's]

"The memo is not as clear in providing guidance on how payments from booster collectives closely associated with their schools are impacted by Title IX law. It states that the department does not consider money provided by a third party in an NIL deal as athletic financial assistance like the future revenue sharing payments or scholarship dollars. But if money from private sources ends up creating a disparity in an athletic program, it is possible that NIL agreements could "trigger a school's Title IX obligations."

https://www.espn.com/college-sports...ation-says-title-ix-applies-payments-athletes

Again, this is unfair and an overreach from title 9.

 

[BHoppy]

Again, this is unfair and an overreach from title 9.

Not saying it is fair, just another sign no one really knows what they are doing. Between the courts, Dept. of ED, NCAA, College Administration, Coaches, you name it, it is a mess. You could throw players and their agents in there as well.

 

[Kinnick.At.Night]

If it’s dollars from donors to athletes, we should get some say as to which sport the money goes to.

Agreed. How are NIL donations made to a specific sport or athlete any different than the athletics donations made by major boosters? Take the Beckwith Boathouse for example. Dr. Sue Beckwith donated a million dollars to get that project rolling. She also gave seven million more to the Iowa women's basketball program. Were these donations "fair" to the athletes of other sports? Or for their facilities?

 

[obfuscating]

That’s ghey. We all know what sports have financial value. **** this shit

Ah, the ideology of one party that is stepping all over itself by letting men be women too. .

Agree, f this shite

 

[HawkMachine]

If the NIL is going to still be around, this is GREAT news for those that hate it.

It's going to F it all up.

Love it.

 

[HawkLogic]

Seems like overreach at Federal department level, but probably fits the views of the Professors/academics professionals at Iowa, so no protests there. I wouldn't have been surprised if UI complied with Title9 on revenue sharing even if it wasn't mandated.

Title9 just says there can't be discrimination and applies to entities that are receiving Federal funding. The Athletic Department at Iowa is self funded and doesn't need to be part of the University. As silly as that sounds---these are professional sports, not amateurs. Applying revenue sharing to each sport in proportion to the revenue they generate is not discriminatory. Seems like a good chance interpretation would get overturned and an SEC school would surely sue.

I would look for a different interpretation under Trump regime. Iowa just promised $1 million plus to Gronkowski....if there is no revenue sharing for NIL in 2025, then no NIL money for Grokowski.....or in Basketball no money for Freeman, Dix and whomever we want to pay to keep.