How long until Student-athletes become Athlete-students & get paid?

[slosho]

Re: How long until Student-athletes become Athlete-students & get paid?

IF college athletes are broke why don't they utilize FAFSA and unsubsidized loans like a majority of college students on top of their scholarship? I was fortunate to have received a number of scholarships in my time at SDSU, but I always accepted a portion of my FAFSA so I would have some extra spending money. I guess I don't understand why that is such a problem for athletes that are claiming to "starve".

Word!

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[MontanaRabbit]

Re: How long until Student-athletes become Athlete-students & get paid?

IF college athletes are broke why don't they utilize FAFSA and unsubsidized loans like a majority of college students on top of their scholarship? I was fortunate to have received a number of scholarships in my time at SDSU, but I always accepted a portion of my FAFSA so I would have some extra spending money. I guess I don't understand why that is such a problem for athletes that are claiming to "starve".

https://www.google.com/search?q=Nail...2F%3B500%3B319

[witness]

Re: How long until Student-athletes become Athlete-students & get paid?

NCAA is non profit though. Lol! http://deadspin.com/alabama-athletic...ams-1560555985

[JackJD]

Re: How long until Student-athletes become Athlete-students & get paid?

IF college athletes are broke why don't they utilize FAFSA and unsubsidized loans like a majority of college students on top of their scholarship? I was fortunate to have received a number of scholarships in my time at SDSU, but I always accepted a portion of my FAFSA so I would have some extra spending money. I guess I don't understand why that is such a problem for athletes that are claiming to "starve".

See Section 15 of the NCAA Bylaws for Division I. In particular, review sections 15.02 and 15.1. Note there is an exception for Pell Grants and the comments about loans.

[JackJD]

Re: How long until Student-athletes become Athlete-students & get paid?

NCAA is non profit though. Lol! http://deadspin.com/alabama-athletic...ams-1560555985

Don't confuse the legal status of a non-profit entity. Some of the most profitable entities in the country have the legal/tax status of "non-profit".

[Nidaros]

Re: How long until Student-athletes become Athlete-students & get paid?

Don't confuse the legal status of a non-profit entity. Some of the most profitable entities in the country have the legal/tax status of "non-profit".

Thrivant Life Insurance a good example, formerly known as Lutheran Brotherhood Insurance.

[Nidaros]

Re: How long until Student-athletes become Athlete-students & get paid?

One serious issue with the whole "athletes-as-employees" strategy is that it puts at grave risk the tax-exempt status of athletic scholarships. As I understand things now, athletic scholarships are not currently considered taxable income. If however the unionization push succeeds, then the "income" represented by the athletic scholarship suddenly becomes taxable because the recipients are not students receiving a scholarship, but instead would be considered by the IRS to be employees receiving, as it were, a 'fringe benefit.'

Can of worms; opened.

You are correct, athletic scholarships are non taxable income, but even if athletes are considered employees and are issued a W-2 to report taxable income to the IRS, that might not jeopardize the 501 (c) 3 status. The Salvation Army has thousands of employees who diligently report their W-2 income on their Form 1040 and pay taxes and their tax exempt status is never questioned by anyone of significance. I think when the NCAA members will be in trouble is when the athletic budgets trump the academic objectives of the university. ( This is what gave them the tax exempt status) At that point in time, their tax exempt status could certainly be challenged. There are millions of dollars made on athletes. The seven frosh from UK will no doubt be in the NBA next year making more than they would ever as student athletes. This the problem. There is strength in forming unions believe it or not. Would we have a 40 hour week and other benefits without the union efforts? I don't think so. I think they are just trying to form some sort of a quazi-union to improve some of the conditions for athletes. Maybe it will get the attention of all those over paid presidents, who make the rules for the NCAA. Therein lies the problem EGO city for the presidents and nothing for the student athletes who got that big piece of hardware for U Conn last evening. U Conn was reported to have a 62 million dollar budget for athletics.

[witness]

Re: How long until Student-athletes become Athlete-students & get paid?

Jon Stewart took some shots at the NCAA during his show. Pretty funny http://www.bleacherreport.com/articl...the-daily-show

[jack power]

Re: How long until Student-athletes become Athlete-students & get paid?

Jon Stewart took some shots at the NCAA during his show. Pretty funny http://www.bleacherreport.com/articl...the-daily-show

That was great. I'm a big Jon Stewart fan. He has the ability to drive home his point with sarcastic humor.

[SanDakotaState]

Re: How long until Student-athletes become Athlete-students & get paid?

The NCAA announces that they will provide unlimited meals and snacks for all D1 student-athletes

http://www.ncaa.org/about/resources/...es?division=d1

[jack power]

Re: How long until Student-athletes become Athlete-students & get paid?

The NCAA announces that they will provide unlimited meals and snacks for all D1 student-athletes

http://www.ncaa.org/about/resources/...es?division=d1

Baby steps....

[sdsu_drake]

Re: How long until Student-athletes become Athlete-students & get paid?

And offensive linemen everywhere rejoice

[goon]

Re: How long until Student-athletes become Athlete-students & get paid?

And offensive linemen everywhere rejoice

And every buffet owner cringes.

[slosho]

Re: How long until Student-athletes become Athlete-students & get paid?

The NCAA announces that they will provide unlimited meals and snacks for all D1 student-athletes

http://www.ncaa.org/about/resources/...es?division=d1

Another interesting take away is,

• Reduce the penalty for a first positive test for street drugs during championships;

[SF_Rabbit_Fan]

Re: How long until Student-athletes become Athlete-students & get paid?

Another interesting take away is,

• Reduce the penalty for a first positive test for street drugs during championships;

ie, this is where we make our money, we gotta have our best workers on the field.