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  #1  
Old 09-29-2017, 02:00 PM
OCFlyer85 OCFlyer85 is offline
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Player Eligibility from FBI investigation

Are players involved in the FBI investigation (Bruce Bowen at Louisville) going to lose their NCAA eligibility?
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  #2  
Old 09-29-2017, 02:17 PM
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Originally Posted by OCFlyer85 View Post
Are players involved in the FBI investigation (Bruce Bowen at Louisville) going to lose their NCAA eligibility?
they should
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Old 09-29-2017, 02:40 PM
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Some for sure will I would think. I'm sure they'll mostly focus on cleaning up the game by punishing the coaches as they should first and foremost. But will be interesting. I don't think the NCAA will ever issue the death penalty again, but then again, if it found that an entire roster of players had been paid... Then, they should all be ruled ineligible, which is in effect, the death penalty.
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Old 09-29-2017, 03:03 PM
TheDuke2003 TheDuke2003 is offline
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I would think they'd have to lose eligibility. They took impermissible benefits. I'd imagine Bowen and others that get caught like him will end up playing overseas for a year and then get whatever they can in the draft.

If there are multiple 5 stars, it'd be interesting to see them all go somewhere together and see what a super team of US high school kids could do in an overseas league.
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  #5  
Old 09-29-2017, 08:41 PM
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I wonder how the IRS will handle this.
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Old 09-29-2017, 08:57 PM
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Originally Posted by John C. View Post
I wonder how the IRS will handle this.
Unless there's something in writing, the donor is generally responsible for paying the gift tax, so the students athletes involved probably won't have IRS issues. It will however give the FBI another pressure point to get those who provided gifts of more than $14K to roll over.
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Old 09-29-2017, 10:07 PM
OCFlyer85 OCFlyer85 is offline
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How about a FBI team in the G league?
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  #8  
Old 09-30-2017, 10:07 AM
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I work in the financial industry and the IRS can be very creative when they want to tax something.
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Old 09-30-2017, 06:11 PM
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Is it a gift or is it earned income? I could argue in both directions.
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Old 10-02-2017, 08:21 AM
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I wouldn't imagine that those providing cash kept the value below the IRS gift limits.
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Old 10-02-2017, 09:29 AM
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You know in many areas of the country where football is the predominant interest; this story is of no interest. I asked a co-worker what he thought about the most important sports story of the year. He looked at me and said, you mean the kneeling of players on the playing of the national anthem? If this story was involving football then more people would take notice. As it is, this matter is being considered an isolated incident not involving the most important sport of football.

Hence, if the NCAA does not in invoke the death penalty then this matter will get no notice. It will be forgotten and business will continue as usual.
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  #12  
Old 10-02-2017, 01:37 PM
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The FBI investigation may force NCAA hand or cause it to experience their own death penalty.

As for football, they are next.
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Old 10-02-2017, 01:48 PM
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Originally Posted by Avid Flyer View Post
The FBI investigation may force NCAA hand or cause it to experience their own death penalty.

As for football, they are next.
I agree. I heard some talk on ESPN radio this weekend about the team announcement for big time players. This guy attended the announcement deal and was sitting next to one school's assistant coach. Asked what his school's chance were, he said, "None, he asked us for cash and we said no."

He also related a similar instance where the coach said, "See that gold chain he's wearing, that was purchased by the school he is choosing".

So, I do believe football is next.
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Old 10-02-2017, 01:57 PM
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Originally Posted by IAFlyer View Post
I agree. I heard some talk on ESPN radio this weekend about the team announcement for big time players. This guy attended the announcement deal and was sitting next to one school's assistant coach. Asked what his school's chance were, he said, "None, he asked us for cash and we said no."

He also related a similar instance where the coach said, "See that gold chain he's wearing, that was purchased by the school he is choosing".

So, I do believe football is next.
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