Wow! 2025 will see teams directly paying players. Settlement allows for $20+ million a year to be distributed from revenue sharing.
https://www.cbssports.com/college-football/news/college-athletes-on-brink-of-getting-2-8-billion-revenue-sharing-model-in-house-v-ncaa-settlement/
Are players now employees? What are the tax consequences? Will each school be hiring new staff to monitor the payment scheme? Do coaches now become accountants or vice versa? Crazy....
https://www.cbssports.com/college-football/news/college-athletes-on-brink-of-getting-2-8-billion-revenue-sharing-model-in-house-v-ncaa-settlement/
Are players now employees? What are the tax consequences? Will each school be hiring new staff to monitor the payment scheme? Do coaches now become accountants or vice versa? Crazy....