Stanford and NIL -
82lsju - 06-13-2025
from an email from the AD on the House settlement
- Philanthropy
- Home of Champions Fund - Through this new giving opportunity, donors can make a tax-deductible gift of any amount to give Stanford a competitive edge by funding additional scholarships and direct NIL agreements between student-athletes and the Athletics Department. This fund is critical to recruiting the best student-athletes and maintaining competitive rosters that set our programs up for success. If you'd like to support the Home of Champions Fund, you can do so by making a gift here.
RE: Stanford and NIL -
M T - 06-13-2025
Before you pull out your checkbook thinking you are contributing to "additional scholarships", consider
(
SI.COM)
Quote:According to the terms of the House settlement, “The full cost-of-attendance dollar value of any new or incremental athletic scholarships — that were not previously permitted by NCAA Division I rules — up to two million five hundred thousand dollars ($2,500,000.00) ("the Athletic Scholarship Cap") will count against the [revenue-sharing] Pool.”
The article suggests that adding any scholarships is money spent unwisely if the goal is to improve the team's performance. More so at an expensive school.
RE: Stanford and NIL -
BobK - 06-13-2025
Yes you can contribute to the sport you choose. That’s also in the letter. It’s a long letter
RE: Stanford and NIL -
BostonCard - 06-13-2025
Personally, I struggle to see how revenue sharing (AKA paying athletes to play sports in college) constitutes a charitable donation. Maybe the "additional scholarships" but the rest seems like a stretch of the spirit of the charitable deduction even if the letter of the law is not violated.
BC
RE: Stanford and NIL -
Treebound - 06-13-2025
So how does this all fit in (or not) with Lifetime Cardinal? As for the SI article, a scholarship at Stanford is more expensive than an in state scholarship at a school like Univ of Texas. How does that delta apply to all of this and the $2.5? This whole thing is a mess and needs to get blown up, imho.
RE: Stanford and NIL -
TonyLima - 06-14-2025
(06-13-2025, 04:01 PM)BostonCard Wrote: Personally, I struggle to see how revenue sharing (AKA paying athletes to play sports in college) constitutes a charitable donation. Maybe the "additional scholarships" but the rest seems like a stretch of the spirit of the charitable deduction even if the letter of the law is not violated.
BC
Guess: when we donate to Stanford athletics, that’s a donation to Stanford. Tax deductible. Maybe revenue sharing falls under the same umbrella.
RE: Stanford and NIL -
BostonCard - 06-14-2025
I mean, it’s possible to do all sorts of gymnastics to justify it, but that’s not the spirit of a charitable deduction.
BC