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Candid Coaches: How much NIL money are recruits asking for?
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[QUOTE="Ricker, post: 5066646, member: 1245"] As the portal & 5* world of NIL 'free agents' gets in that $1mill to $5mill area, it will be interesting to see if top recruits gravitate to Florida, and Texas schools that can match the $ of other schools BUT, you get to keep more of it. From today's WSJ Bill Belichick explained that states with millionaire surtaxes like Massachusetts are at a disadvantage in attracting the best free agent players. (He goes on to elaborate) Jared Walczak at the Tax Foundation calculated in April that Cincinnati Bengals quarterback Joe Burrow will pay an estimated $3.59 million in state income taxes in 2024 in Ohio, but if he played for the Jaguars in Jacksonville, Fla., he’d pay $379,000. A player making $50 million would pay $4,968,457 playing for Minnesota Gov. Tim Walz’s home-state Vikings compared to $586,902 on that same contract at the Dallas Cowboys. The NIL numbers are smaller, but divide by 10 and the tax difference on $5 mill would be $497k vs $57k. You can buy a house for the difference in what you keep. Obviously there are other factors and only the highest end players would be much affected, but it will be interesting if this ever becomes a determining factor with a future Cooper Flagg. (Maybe even the Boozer twins to Miami?) [/QUOTE]
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Candid Coaches: How much NIL money are recruits asking for?
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