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NIL, Transfers, and Stratospheric Salaries. What Is the Future of GT Football and College Football in General?
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<blockquote data-quote="RonJohn" data-source="post: 959611" data-attributes="member: 2426"><p>If the athletic associations actually care about the student-athletes as people and not just as cattle to perform athletic entertainment work, they should go out of their way to teach them how to manage contracts, taxes, and money. I know that neither a coach nor an athletic association can teach contract law, tax law, nor good money habits in an hour, or even in a couple of years. They could provide access to seminars and information. They could provide warnings about watching out for people who try to take your money instead of give you money. I have not been involved in any way, but it just appears to me that too many believe that if they can purchase a Hellcat, then everything is great. Even if it is obvious to other people that they are going to be broke before they leave school with tens of thousands of debt to the IRS. You can't prevent other people from doing stupid things with money, but you can provide guidance. If you provide mentoring and guidance and the person still does stupid things and gets into trouble, then that is on them.</p></blockquote><p></p>
[QUOTE="RonJohn, post: 959611, member: 2426"] If the athletic associations actually care about the student-athletes as people and not just as cattle to perform athletic entertainment work, they should go out of their way to teach them how to manage contracts, taxes, and money. I know that neither a coach nor an athletic association can teach contract law, tax law, nor good money habits in an hour, or even in a couple of years. They could provide access to seminars and information. They could provide warnings about watching out for people who try to take your money instead of give you money. I have not been involved in any way, but it just appears to me that too many believe that if they can purchase a Hellcat, then everything is great. Even if it is obvious to other people that they are going to be broke before they leave school with tens of thousands of debt to the IRS. You can't prevent other people from doing stupid things with money, but you can provide guidance. If you provide mentoring and guidance and the person still does stupid things and gets into trouble, then that is on them. [/QUOTE]
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NIL, Transfers, and Stratospheric Salaries. What Is the Future of GT Football and College Football in General?
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