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Wrong... an NIL claim wouldn't hold up in court if the
Posted on: May 4, 2022 at 15:53:52 CT
zounami MU
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compensation is *obviously* more than the FMV of the NIL services rendered.
Consider the example I gave earlier...
It doesn't matter if the billionaire testifies that he paid the player $100 MILLION for a 30-minute autograph session. The court would *know* he's lying, and the compensation would *not* be protected as if it were for actual NIL-related income.
It's like "selling" a $500K house to a family member for $1, hoping to avoid the IRS gift tax. It doesn't work that way, and you have no idea how the law works if you think otherwise. I don't care how long you claim to have been a lawyer.
Consider the example I gave earlier...
It doesn't matter if the billionaire testifies that he paid the player $100 MILLION for a 30-minute autograph session. The court would *know* he's lying, and the compensation would *not* be protected as if it were for actual NIL-related income.
It's like "selling" a $500K house to a family member for $1, hoping to avoid the IRS gift tax. It doesn't work that way, and you have no idea how the law works if you think otherwise. I don't care how long you claim to have been a lawyer.
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Wrong... an NIL claim wouldn't hold up in court if the - zounami MU - 5/4 15:53:52
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