09-30-2024, 02:00 PM
I doubt the lawmakers intended to miss the situation of "I will donate $X once this person is admitted", but I didn't read it closely. But I will assume the law covers applicants whose admission is associated with a promised donation to the school.
NIL supposedly doesn't include payments from the school to the athlete. The benefits the school provides to the athlete are tuition, room-and-board, etc. If the expected benefit to the school of the applying athlete exceeds that, would that expected benefit be considered a donation (even if such a "donation" is financially covered by a third party in some way). Is this benefit provided by the athlete a payment-in-kind?
If so, would this bill make admission preferences for athletes (at least those that benefit the school more than the cost of their tuition, etc) reportable?
IANAL
NIL supposedly doesn't include payments from the school to the athlete. The benefits the school provides to the athlete are tuition, room-and-board, etc. If the expected benefit to the school of the applying athlete exceeds that, would that expected benefit be considered a donation (even if such a "donation" is financially covered by a third party in some way). Is this benefit provided by the athlete a payment-in-kind?
If so, would this bill make admission preferences for athletes (at least those that benefit the school more than the cost of their tuition, etc) reportable?
IANAL
