MVC Transfers 2022

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Re: MVC Transfers 2022

Postby tribecalledquest » June 9th, 2022, 9:59 pm

ValleyFAN wrote:Reported that Mosley is getting $250,000 housing and a car from Mizzou.


Reported where?
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Re: MVC Transfers 2022

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Re: MVC Transfers 2022

Postby ValleyFAN » June 10th, 2022, 6:47 am

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Re: MVC Transfers 2022

Postby tribecalledquest » June 10th, 2022, 7:35 am

ValleyFAN wrote:https://twitter.com/wyattwheeler_nl/status/1535018672414248997?s=21&t=oBfYTvtmtArXV_P27GvbcA


Thanks.

I’m not sure I believe all of that. A lot of speculation and numbers being thrown around in these supposed NIL deals.
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Re: MVC Transfers 2022

Postby Dawgbit » June 10th, 2022, 12:34 pm

The NIL concept is wrong from several angles. Paying a 19-22 year old kid a six digit amount of money will do more harm than good TO THE KID. A kid that age, especially coming from a humble background thinks it is more money that they can spend, and before you know it, they have run through it like crap through a goose. Then the following Spring that get a letter from this place called the Internal Revenue Service, informing them they owe a 5 digit figure to the IRS, not to mention state departments of revenue demanding the same. I had a chat one day with a guy who worked for a big annuity company, his territory included a Chicago burb where several NBA stars lived. They all lived in big houses with many newfound "friends", lots of new shiny cars parked out on the street, once they quit playing the gravy train derailed.

Thanks a lot NCAA.
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Re: MVC Transfers 2022

Postby BCPanther » June 10th, 2022, 3:54 pm

Dawgbit wrote:The NIL concept is wrong from several angles. Paying a 19-22 year old kid a six digit amount of money will do more harm than good TO THE KID. A kid that age, especially coming from a humble background thinks it is more money that they can spend, and before you know it, they have run through it like crap through a goose. Then the following Spring that get a letter from this place called the Internal Revenue Service, informing them they owe a 5 digit figure to the IRS, not to mention state departments of revenue demanding the same. I had a chat one day with a guy who worked for a big annuity company, his territory included a Chicago burb where several NBA stars lived. They all lived in big houses with many newfound "friends", lots of new shiny cars parked out on the street, once they quit playing the gravy train derailed.

Thanks a lot NCAA.


These kids aren't stupid, they know taxes are coming, cripes. Plus every athletic department and services like INFLCR are helping them navigate this. They aren't just being handed checks and told 'have at it, kid'.
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Re: MVC Transfers 2022

Postby Dawgbit » June 10th, 2022, 5:19 pm

BCPanther wrote:
Dawgbit wrote:The NIL concept is wrong from several angles. Paying a 19-22 year old kid a six digit amount of money will do more harm than good TO THE KID. A kid that age, especially coming from a humble background thinks it is more money that they can spend, and before you know it, they have run through it like crap through a goose. Then the following Spring that get a letter from this place called the Internal Revenue Service, informing them they owe a 5 digit figure to the IRS, not to mention state departments of revenue demanding the same. I had a chat one day with a guy who worked for a big annuity company, his territory included a Chicago burb where several NBA stars lived. They all lived in big houses with many newfound "friends", lots of new shiny cars parked out on the street, once they quit playing the gravy train derailed.

Thanks a lot NCAA.


These kids aren't stupid, they know taxes are coming, cripes. Plus every athletic department and services like INFLCR are helping them navigate this. They aren't just being handed checks and told 'have at it, kid'.

Key word is “kids”. These kids all have families. Just hide and watch. PS - you are a bigger fan of government programs than me.
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Re: MVC Transfers 2022

Postby Purple35 » June 10th, 2022, 5:32 pm

Dawgbit wrote:The NIL concept is wrong from several angles. Paying a 19-22 year old kid a six digit amount of money will do more harm than good TO THE KID. A kid that age, especially coming from a humble background thinks it is more money that they can spend, and before you know it, they have run through it like crap through a goose. Then the following Spring that get a letter from this place called the Internal Revenue Service, informing them they owe a 5 digit figure to the IRS, not to mention state departments of revenue demanding the same. I had a chat one day with a guy who worked for a big annuity company, his territory included a Chicago burb where several NBA stars lived. They all lived in big houses with many newfound "friends", lots of new shiny cars parked out on the street, once they quit playing the gravy train derailed.

Thanks a lot NCAA.

I think it behooves the universities to begin to actually, you know, pay some attention to how their students manage the path to their future. There's nothing wrong with even asking student tutors to help these guys understand taxes and income. I don't think making a few hundred bucks doing a car commercial is a tough challenge, but if there are some bigger deals, the universities need to pay attention, even if it's not their business.
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Re: MVC Transfers 2022

Postby BCPanther » June 10th, 2022, 9:02 pm

Dawgbit wrote:
BCPanther wrote:
Dawgbit wrote:The NIL concept is wrong from several angles. Paying a 19-22 year old kid a six digit amount of money will do more harm than good TO THE KID. A kid that age, especially coming from a humble background thinks it is more money that they can spend, and before you know it, they have run through it like crap through a goose. Then the following Spring that get a letter from this place called the Internal Revenue Service, informing them they owe a 5 digit figure to the IRS, not to mention state departments of revenue demanding the same. I had a chat one day with a guy who worked for a big annuity company, his territory included a Chicago burb where several NBA stars lived. They all lived in big houses with many newfound "friends", lots of new shiny cars parked out on the street, once they quit playing the gravy train derailed.

Thanks a lot NCAA.


These kids aren't stupid, they know taxes are coming, cripes. Plus every athletic department and services like INFLCR are helping them navigate this. They aren't just being handed checks and told 'have at it, kid'.

Key word is “kids”. These kids all have families. Just hide and watch. PS - you are a bigger fan of government programs than me.


What government program? INFLCR is a private firm that partners with Athletic Departments and Conferences to help kids both find NIL deals and navigate the contracts and finances.
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Re: MVC Transfers 2022

Postby tribecalledquest » June 10th, 2022, 9:05 pm

Dawgbit wrote:The NIL concept is wrong from several angles. Paying a 19-22 year old kid a six digit amount of money will do more harm than good TO THE KID. A kid that age, especially coming from a humble background thinks it is more money that they can spend, and before you know it, they have run through it like crap through a goose. Then the following Spring that get a letter from this place called the Internal Revenue Service, informing them they owe a 5 digit figure to the IRS, not to mention state departments of revenue demanding the same. I had a chat one day with a guy who worked for a big annuity company, his territory included a Chicago burb where several NBA stars lived. They all lived in big houses with many newfound "friends", lots of new shiny cars parked out on the street, once they quit playing the gravy train derailed.

Thanks a lot NCAA.


There is really a lot wrong with this post. Let's leave it at that.
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Re: MVC Transfers 2022

Postby BCPanther » June 10th, 2022, 10:02 pm

tribecalledquest wrote:
Dawgbit wrote:The NIL concept is wrong from several angles. Paying a 19-22 year old kid a six digit amount of money will do more harm than good TO THE KID. A kid that age, especially coming from a humble background thinks it is more money that they can spend, and before you know it, they have run through it like crap through a goose. Then the following Spring that get a letter from this place called the Internal Revenue Service, informing them they owe a 5 digit figure to the IRS, not to mention state departments of revenue demanding the same. I had a chat one day with a guy who worked for a big annuity company, his territory included a Chicago burb where several NBA stars lived. They all lived in big houses with many newfound "friends", lots of new shiny cars parked out on the street, once they quit playing the gravy train derailed.

Thanks a lot NCAA.


There is really a lot wrong with this post. Let's leave it at that.


Racism. It's the casual racism.
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