@NYPostOpinion I know, how is this character fit to serve in the US government? Between him and Planter, wow, they'll run anything they think could win, basic values and ideals mean nothing.
UNDER $1,000 #HouseVsNCAA Claims
Many buyers have a limit on the minimum size of claim that they will buy...
I can make you an offer no matter your claim size. If interested, reach out to me!
Tax Disclosure
- You should seek advice from a registered tax preparer or competent tax advisor about your tax obligations for any payments that you are entitled to receive under the Settlement. However, the Court overseeing the Settlement has directed us to provide the following disclosure: THE TAX CONSEQUENCES OF ANY AGREEMENT YOU SIGN REGARDING YOUR CLAIM MAY VARY DEPENDING ON THE SPECIFIC TERMS OF THAT AGREEMENT. WITH CERTAIN TRANSACTION STRUCTURES, YOU MAY BE REQUIRED TO PAY INCOME TAXES ON THE FULL AMOUNT OF THE PAYMENTS THAT YOU ARE ENTITLED TO UNDER THE SETTLEMENT (EVEN IF THE RESULTING TAX LIABILITY EXCEEDS THE AMOUNT YOU RECEIVED UNDER THE AGREEMENT). A TRANSACTION STRUCTURED AS AN OUTRIGHT OR “TRUE” SALE MAY REMOVE FUTURE SETTLEMENT PAYMENTS FROM YOUR GROSS INCOME FOR FEDERAL AND STATE INCOME TAX PURPOSES, IN WHICH CASE YOU WOULD INSTEAD LIKELY PAY TAX ON THE PURCHASE PRICE YOU RECEIVE. AS A RESULT OF A SALE, YOU WOULD ALSO BE FORFEITING ANY AND ALL RIGHTS TO RECEIVE ADDITIONAL INCOME OR FUTURE PAYMENTS UNDER THE FOURTH AMENDED STIPULATION AND SETTLEMENT AGREEMENT, IN RE: COLLEGE ATHLETE NIL LITIGATION, NO. 4:20-CV-03919 (THE “SETTLEMENT AGREEMENT”). YOU SHOULD CONSULT WITH A COMPETENT TAX ADVISOR REGARDING THE SPECIFIC TAX CONSEQUENCES OF YOUR PARTICULAR AGREEMENT BEFORE SIGNING THE AGREEMENT. Additional information, including information about the potential tax consequences of selling your right to receive settlement payments, may be found on the Settlement website at: https://t.co/Afcbab9dEL
DO THEY ACTUALLY HAVE TO REVIEW ANY OF THIS?
Judge Wilken overruled multiple objections to the #HouseVsNCAA settlement by citing In re Blue Cross Blue Shield Antitrust Litig., which says "conduct perpetuated in a settlement agreement" can be approved as long as its not a per se antitrust violation... even if it would fail a rule of reason test...
If thats true, then it appears the revenue caps cannot be overturned on appeal as approving them wasn't a significant error in law or procedure b/c they don't have to pass a rule of reason analysis just a per se analysis...
Interesting article from @JSONline on how the @UWBadgers are embracing the #NIL era... including dedicated #NIL infrastructure, negotiating 3rd-party NIL deals in the face of competition from larger spenders
ONLY THEMSELVES TO BLAME
@SInow's @ToddAaronGolden doesn't show much sympathy for schools' current predicament as the #HouseVsNCAA settlement remains pending.
Golden says the #NCAA and its schools prematurely implemented the settlement, even after Judge Wilken criticized doing so.
Now uncertainty is growing as the roster limit dispute has stalled final approval and the July 1 implementation date looms larger and larger...
SETTLEMENT CHANGES TLDR:
Roster limits don’t apply to:
1. D1 athletes on a ‘24-‘25 roster removed due to roster limits
2. HS athletes recruited to a D1 roster for ’25-’26 and removed due to roster limits
3. Athletes in #1 and 2 above (“DSAs”) don’t count toward roster limits for duration of athlete’s D1 eligibility (i.e. can transfer & remain exempt from roster limits)
4. 30 days from Final Approval, each D1 school required to use good-faith efforts to ID DSAs
5. Info on DSAs are available to Class Members
6. If athlete transferred b/c of roster limits, no impediment to transferring back
The DOJ has weighed in on the House v #NCAA case!
Their view could impact Judge Wilken’s decision on granting final approval!
Here are the DOJ’s main points:
1. The cap on compensation is still an agreement among competitors (i.e. schools) to limit compensation, which raises antitrust concerns
2. The Court should either: (a) decline to approve the settlement or (b) clarify that approval does not constitute a judgment on the competitive impact / antitrust compliance of the salary cap rule
3. While the settlement increases the cap on NIL payments from zero to a new amount, it still eliminates free market competition for college athlete compensation
re 3rd party claim filing services ("Filers"):
1. Class Members need not use Filers to receive $$$
2. use of Filers won't increase monetary relief
3. Claims Administrator / Class Counsel providing free help. Their info + add'l settlement info found at https://t.co/jpERP7u1mf