The 1890 Initiative

I'd seen several reports that there may be issues because Trev hadn't seemed to throw his full support behind 1890.

That doesn't appear to be the case.

Speaking exclusively with On3 last week, the Nebraska athletic director pushed back on the narrative he doesn’t back 1890. Alberts stated he’s made multiple appearances for the collective. 

“We’ve done a lot,” he said. “I go to their events and speak and thank them. I’m grateful for 1890. Again, certain places have created state laws that allowed them to have more involvement. And we haven’t done that in our state yet. But we’re very, very supportive of – there’s multiple folks, not just 1890.

“… We’ve had a lot of people, a lot of donors in the state of Nebraska and beyond that have really helped us in this space. It’s been really, really important to us.”
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On3

 
I look forward to NIL eventually going away and players getting paid via contracts with schools. It’s coming, and wouldn’t have as many portal issues as now.

 
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HuskerX said:
I look forward to NIL eventually going away and players getting paid via contracts with schools. It’s coming, and wouldn’t have as many portal issues as now.
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That opens so many ugly doors it might not actually ever happen. Unions, workers comp, individual state labor laws. Even having to pay taxes on their current scholarship would be a huge shift.

 
zeWilbur said:
That opens so many ugly doors it might not actually ever happen. Unions, workers comp, individual state labor laws. Even having to pay taxes on their current scholarship would be a huge shift.
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Taxes on not just the scholarship.  There would be taxes on any food at training tables, and gear they get for "free" (shoes, t-shirts, etc.), tutoring, athletic training and more.  They would all be considered fringe benefits and show up on their W-2 at the end of the year.  It would probably be OK for the starters on the football team & some of the volleyball and men's basketball players, but everyone else would be hosed at the end of the year when it came time to file taxes.

 
ECisGod said:
Taxes on not just the scholarship.  There would be taxes on any food at training tables, and gear they get for "free" (shoes, t-shirts, etc.), tutoring, athletic training and more.  They would all be considered fringe benefits and show up on their W-2 at the end of the year.  It would probably be OK for the starters on the football team & some of the volleyball and men's basketball players, but everyone else would be hosed at the end of the year when it came time to file taxes.
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Do you get taxed for lunch your work provides, or swag? I don't and I work for a large company who would get audited for that sort of thing, so I don't think that's accurate.

 
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runningblind said:
Do you get taxed for lunch your work provides, or swag? I don't and I work for a large company who would get audited for that sort of thing, so I don't think that's accurate.
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Technically, you should.  But, it's obviously not enforced much.  There are things I've wanted to do for employees and was told...."well, we will have to include that in their income then".

 
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