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RE: Lol
Posted on: February 11, 2025 at 10:18:01 CT
CPA MU
Posts:
9975
Member For:
25.95 yrs
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User
M.O.B. Votes:
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They are not lol
Not an employment relationship:
While a contract is involved, the relationship between the athlete and the business is not considered traditional employment, meaning the athlete is not entitled to employee benefits like health insurance or workers' compensation.
Self-employed status:
Athletes earning income through NIL deals are typically classified as self-employed, meaning they are responsible for paying their own taxes on the income
90 was asking under tmcats post:
While the word "antitrust" isn't explicitly stated in the Constitution, the power to regulate antitrust practices is derived from the Commerce Clause in Article I, Section 8, Clause 3, which gives Congress the authority to regulate interstate commerce, allowing them to enact laws like the Sherman Antitrust Act to prevent monopolies and restrain trade across state lines; essentially providing the constitutional basis for antitrust law
Stick to what you know about “lol”
Not an employment relationship:
While a contract is involved, the relationship between the athlete and the business is not considered traditional employment, meaning the athlete is not entitled to employee benefits like health insurance or workers' compensation.
Self-employed status:
Athletes earning income through NIL deals are typically classified as self-employed, meaning they are responsible for paying their own taxes on the income
90 was asking under tmcats post:
While the word "antitrust" isn't explicitly stated in the Constitution, the power to regulate antitrust practices is derived from the Commerce Clause in Article I, Section 8, Clause 3, which gives Congress the authority to regulate interstate commerce, allowing them to enact laws like the Sherman Antitrust Act to prevent monopolies and restrain trade across state lines; essentially providing the constitutional basis for antitrust law
Stick to what you know about “lol”
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RE: Lol - CPA MU - 2/11 10:18:01