Luxury tax?
- Thread starter olblue
- Start date
LSU and Texas spent more than $50 on NIL.
MSU is #13 in the conference at $26.5.
We would be second in the Big Twelve.
We would third in the ACC.
A cap wouldn’t hurt us.
MSU is #13 in the conference at $26.5.
We would be second in the Big Twelve.
We would third in the ACC.
A cap wouldn’t hurt us.
Wait a minute. This could actually be good for us for a change.
hell yea, tax the rich schools and distribute to the poor ones
Nothing exposes your political hypocrisy faster than being a Mississippi State football fan. I’m fiscally conservative until the SEC starts discussing revenue sharing. Then suddenly I’m Bernie Sanders with a cowbell.
After 40+ years of opposing socialism, Mississippi State football has finally helped me see its merits.
Without teams like us to beat up on......they may not be so rich **
why not cap ALL football programs at 25 million, and no one single player can make more than 8 million in NIL
-if transfer after one year (sit out a year)
-if transfer after 2 years (sit out 3 games)
-if transfer after 3 years (immediately eligible to play
-one redshirt / 5 years eligibility
-otherwise, 4 years eligibility
*placing a luxury tax on higher spending schools, really is something only over degreed school admins could come up with.
-if transfer after one year (sit out a year)
-if transfer after 2 years (sit out 3 games)
-if transfer after 3 years (immediately eligible to play
-one redshirt / 5 years eligibility
-otherwise, 4 years eligibility
*placing a luxury tax on higher spending schools, really is something only over degreed school admins could come up with.
A "salary cap" might be the best thing. NFL does. Of course, college allegedly doesn't pay players a salary, but they do in effect.
Sources: SEC considering luxury tax for excessive spending on players
The SEC is mulling a luxury tax on programs that spend more on players than the allotted revenue-sharing cap under the House v. NCAA settlement.
www.espn.com
Not going to other schools per the article
It's a money grab for the SEC, the money stays with them, not the lower end schools. This wouldn't be good for us really. They basically get a portion of what you spend over the limit into their pockets., so The big money teams won't care about a tax and we'll still be at the bottom even more.
Let me know when LSU, Texas, etc. provide jobs for hundreds or thousands of people everywhere in the SEC with the NIL money they raise. Let me know when they are already paying a massive chunk of other school's NIL funds.
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