SLU will opt in for NCAA settlement, opening door for direct payment of athletes in 202

[TheA_Bomb]

[BrettJollyComedyHour]

1 hour ago, TheA_Bomb said:

I've got covid right now so I've been at home since Saturday, but I've been bingeing Band of Brothers for the first time and I was really surprised to see Jimmy Fallon in a non-comedy role, even if it was brief. 

[brianstl]

I really doubt revenue sharing gets off the ground next season.  Right now there is a ruling in effect from the Third Circuit of of United States Court of Appeals that would mean direct payments to student athletes makes them employees of the universities.  This ruling makes it the law currently in PA, NJ and Delaware.  That means that the scholarships athletes receive at those schools will become taxable compensation that athletes are responsible to pay taxes on as soon as they start getting direct payments from the schools.  There will have to be a ruling when it comes to state schools if the amount taxable is the true cost of that scholarship are the state subsidized cost of tuition, room, board, etc. Many of these athletes will see a large chunk of or all of their direct payments going to cover the taxes for any cash they get and to cover the taxes on the scholarship cost.  

Schools will have the added cost of paying things like payroll taxes, unemployment insurance, worker's comp insurance and possibly ACA/health insurance cost.

I don't think it is going to happen and I think most schools don't think it will happen.  Many schools have determined that there is actually no cost for them to say they will pay make direct payments to athletes because when it becomes time for them to do so, they will as a group say that court rulings and legal uncertainty make it presently impossible for them to do it in way that would benefit the athletes and with any certain total financial liability for the universities.