California passes NCAA Athlete Endorsement Bill

[leopold]

https://www.cnn.com/2019/09/10/sport/ca ... index.html

Genuinely interested in people's ideas on this, especially Stallion's, considering his legal background.

For the record, Washington and Colorado are also looking at similar bills.

[JasonB]

It doesn't matter because the NCAA would declare them ineligible. But it opens up an opportunity to create a different organization that schools would eventually migrate to.

[ponyte]

This hasn't got crap to do with athletes. ItΓÇÖs about taxpayers. California is in a financial bind and needs more tax dollars. What better source than kids. They get to pay huge tax rates if they are really special athletes and some taxes if just a so-so guy. Most athletes will get nothing of course but the state doesn't care about that. It only wants more money. These kids will not be a non-profit or state entity shielded from tax liabilities.

It may force big time college sports to face some type of consideration. Imagine all the sports (mainly women's but many men's as well) that do not benefit. How does the university deal with that? This may create two categories of college athletes with the majority being left behind financially.

What sounds like a great idea after a few drinks too many in Sacramento may turn out to be a nightmare.

[leopold]

See, people are saying that is what California wants. They want the NCAA to declare them ineligible so they can sue them for monopolistic practices. I'm not sure where it goes from there, but that sounds potentially catastrophic.

[SMU_Alum11]

Catastrophic is california in a nutshell.

[78pony]

This hasn't got crap to do with athletes. ItΓÇÖs about taxpayers. California is in a financial bind and needs more tax dollars. What better source than kids. They get to pay huge tax rates if they are really special athletes and some taxes if just a so-so guy. Most athletes will get nothing of course but the state doesn't care about that. It only wants more money. These kids will not be a non-profit or state entity shielded from tax liabilities.

It may force big time college sports to face some type of consideration. Imagine all the sports (mainly women's but many men's as well) that do not benefit. How does the university deal with that? This may create two categories of college athletes with the majority being left behind financially.

What sounds like a great idea after a few drinks too many in Sacramento may turn out to be a nightmare.

So you are saying/implying that a good idea (theoretically) originated in SAC or the state of CA? I think not. But, you are so on the mark regarding what this is all about. Tax dollars. The cities/state are financial disasters and now the state is led by Gavin Newsom, left wing nut job. The future does not look bright in the Golden state.

[bubba pony]

the income tax angle is very interesting. now throw in state income tax. very high in California, none in Texas. If you play an away game in California, do you file a state income tax like the professional team players are required to do?

If you are from California and some of your away games are played in Alaska, Florida, Nevada, New Hampshire, South Dakota, Tennessee, Texas, Washington or Wyoming with no state income tax, do you deduct that from your endorsement income?

[EastStang]

We were just ahead of our time.

[malonish]

the income tax angle is very interesting. now throw in state income tax. very high in California, none in Texas. If you play an away game in California, do you file a state income tax like the professional team players are required to do?

If you are from California and some of your away games are played in Alaska, Florida, Nevada, New Hampshire, South Dakota, Tennessee, Texas, Washington or Wyoming with no state income tax, do you deduct that from your endorsement income?

If I work on location in FL I am still paid in TX. That's just my situation.

[smitty329]

the income tax angle is very interesting. now throw in state income tax. very high in California, none in Texas. If you play an away game in California, do you file a state income tax like the professional team players are required to do?

If you are from California and some of your away games are played in Alaska, Florida, Nevada, New Hampshire, South Dakota, Tennessee, Texas, Washington or Wyoming with no state income tax, do you deduct that from your endorsement income?

If I work on location in FL I am still paid in TX. That's just my situation.

I use to work at a company that got fined for not recording time/paying taxes for employees working remotely. There may be a % associated with it but I had to log time by client/location - one year I had to file taxes in 5 states. Hope you are legal.

[malonish]

I might spend 4-5 days once a year, and not even every year. Definitely working most of the year in TX and it's not even close.

[well travelled pony]

This hasn't got crap to do with athletes. ItΓÇÖs about taxpayers. California is in a financial bind and needs more tax dollars. What better source than kids. They get to pay huge tax rates if they are really special athletes and some taxes if just a so-so guy. Most athletes will get nothing of course but the state doesn't care about that. It only wants more money. These kids will not be a non-profit or state entity shielded from tax liabilities.

It may force big time college sports to face some type of consideration. Imagine all the sports (mainly women's but many men's as well) that do not benefit. How does the university deal with that? This may create two categories of college athletes with the majority being left behind financially.

What sounds like a great idea after a few drinks too many in Sacramento may turn out to be a nightmare.

Laughable statements. You might want to know facts before opening your mouth.

California currently sits on a $21 billion surplus. The economy boomed since 2011. You may disagree with Newsome, but he is no fool.

Go Ponies!

[Pony ^]

This hasn't got crap to do with athletes. ItΓÇÖs about taxpayers. California is in a financial bind and needs more tax dollars. What better source than kids. They get to pay huge tax rates if they are really special athletes and some taxes if just a so-so guy. Most athletes will get nothing of course but the state doesn't care about that. It only wants more money. These kids will not be a non-profit or state entity shielded from tax liabilities.

It may force big time college sports to face some type of consideration. Imagine all the sports (mainly women's but many men's as well) that do not benefit. How does the university deal with that? This may create two categories of college athletes with the majority being left behind financially.

What sounds like a great idea after a few drinks too many in Sacramento may turn out to be a nightmare.

Laughable statements. You might want to know facts before opening your mouth.

California currently sits on a $21 billion surplus. The economy boomed since 2011. You may disagree with Newsome, but he is no fool.

Go Ponies!

Just please don't California my Texas.

[well travelled pony]

This hasn't got crap to do with athletes. ItΓÇÖs about taxpayers. California is in a financial bind and needs more tax dollars. What better source than kids. They get to pay huge tax rates if they are really special athletes and some taxes if just a so-so guy. Most athletes will get nothing of course but the state doesn't care about that. It only wants more money. These kids will not be a non-profit or state entity shielded from tax liabilities.

It may force big time college sports to face some type of consideration. Imagine all the sports (mainly women's but many men's as well) that do not benefit. How does the university deal with that? This may create two categories of college athletes with the majority being left behind financially.

What sounds like a great idea after a few drinks too many in Sacramento may turn out to be a nightmare.

Laughable statements. You might want to know facts before opening your mouth.

California currently sits on a $21 billion surplus. The economy boomed since 2011. You may disagree with Newsome, but he is no fool.

Go Ponies!

Just please don't California my Texas.

Okay. Can we please move on from bs political leanings?

Go Ponies!

[malonish]

3