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Thread: The Green and the Gold Collective Sunday Night Event

  1. #241
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    Default Re: The Green and the Gold Collective Sunday Night Event

    It's OK to not be OK.

  2. #242
    reformedUNDfan is offline Senior Member Gets their mail at the West Parking Lot
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    Default Re: The Green and the Gold Collective Sunday Night Event

    Quote Originally Posted by 56BISON73 View Post
    Heres another thing the players are going to have to deal with. Just like the NFL-----

    Interestingly enough, some of my fathers old NFL teammates are using a California based lawyer (because that is one of the highest payout states) to file workmans comp claims that are from the late 70s and early 80s. Interesting thing about the NFL is you actually pay taxes and comp for the state that weeks game is played in...meaning you actually can file Workmans comp insurance anywhere you played (2 of my pops teams were in CA, but his major injury was in MD...doesn't matter since he played in CA that season a few times). That is another thing, as an athlete, you are considered an entertainer and therefore taxed based on the performance location...not homebase or where you practice (except home games).As an entertainer, you practice for free, and get paid for the show. So, now the school must figure out all the various tax implications for each and every state they have athletic competitions in. Not just for FB but for every sport.

    Going to need some really good tax people to navigate all this.
    These students would be getting paid for NIL not for playing in games so their pay would be taxed wherever the collective is based.
    Quote Originally Posted by runtheoption View Post
    Youngstown is the Grand Forks of Ohio.

  3. #243
    NI4NI's Avatar
    NI4NI is offline Senior Member Gets their mail at the West Parking Lot
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    Default Re: The Green and the Gold Collective Sunday Night Event

    Quote Originally Posted by reformedUNDfan View Post
    These students would be getting paid for NIL not for playing in games so their pay would be taxed wherever the collective is based.
    I believe that to be correct.
    Also, our investments are not tax deductible.
    Are agents getting a cut from disbursements to players?
    What are the administration costs of G&G?
    These are questions many donors are curious about.

  4. #244
    Join Date
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    Default Re: The Green and the Gold Collective Sunday Night Event

    Quote Originally Posted by NI4NI View Post
    I believe that to be correct.
    Also, our investments are not tax deductible.
    Are agents getting a cut from disbursements to players?
    What are the administration costs of G&G?
    These are questions many donors are curious about.
    If they are a not for profit they will have to file a 990 financial disclosure which is publicly available.
    I have the honor to be Your Obedient Servant - B.Aud

    We all live in stories... It seems to me that a definition of any living vibrant society is that you constantly question those stories... The argument itself is freedom. It's not that you come to a conclusion about it. Through that argument you change your mind sometimes... That's how societies grow. When you can't retell for yourself the stories of your life then you live in a prison... Somebody else controls the story. - S. Rushdie

  5. #245
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    Default Re: The Green and the Gold Collective Sunday Night Event

    Quote Originally Posted by Mr. Burgundy View Post
    Big news coming from the G and G collective later today! Excellent start for the collective and the future of our program.
    Cole W staying?
    check neg rep

    Warning: It is the offseason. Trollolol may or may not be in full swing. Take a deep breath and eat a trolli burger before reading my posts.

    Quote Originally Posted by RowdyRabbit View Post
    I'm tired of seeing the old Belushi clip from Animal House..."over? it's not over..." in the waning seconds of another loss to NDSU.

  6. #246
    Join Date
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    Default Re: The Green and the Gold Collective Sunday Night Event

    �� Look at this post on Facebook https://www.facebook.com/share/p/uvz...ibextid=WC7FNe

  7. #247
    Join Date
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    Default Re: The Green and the Gold Collective Sunday Night Event

    Quote Originally Posted by Mr. Burgundy View Post
    Thank you guys for understanding the donor wants to be private. Very generous.

    We blew away the goal. Our membership has exploded. We appreciate the momentum.
    Hey Burgundy - I noticed your site still has a quote from Entz listed… I believe Polasek has a been quote supporting the G&G (Gabe’s sig has one) so it might be a good idea to update it.

    Just tryna help.
    The Bisonville MASTERS Pool
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  8. #248
    Bison_Pride's Avatar
    Bison_Pride is offline Senior Member Gets their mail at the West Parking Lot
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    Default Re: The Green and the Gold Collective Sunday Night Event

    My guess is a partnership with Opendorse.

  9. #249
    Join Date
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    Default Re: The Green and the Gold Collective Sunday Night Event

    So, the news is Cole saying he supports the collective? Meaning he's staying?

  10. #250
    Join Date
    Jun 2013
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    Default Re: The Green and the Gold Collective Sunday Night Event

    Quote Originally Posted by THEsocalledfan View Post
    So, the news is Cole saying he supports the collective? Meaning he's staying?
    Yes that is true.

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