RE: NFL and NBA get around 50% of profits.
Posted on: October 11, 2018 at 16:15:03 CT
CPA MU
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For the sake of discussion, how would you propose that be allocated?
Does Tua get the same amount as a ku redshirt?
I think the compliance costs would be incredibly high. Plus, certain states would be clamoring for "their share" since that compensation would be "earned" in those states. And I see other issues as well.
I think you'd have to make the compensation non taxable, and of course that then brings up the issue of equity.
JMT