Unlike a traditional employee receiving a W2 paycheck, student athletes may receive compensation through a variety of arrangements that can create tax liabilities before they even see cash in hand. A good portion of NIL so-called payments are not cash at all. They're not checks, they're not deposited deposits, they are assets. It could be a vehicle, it could be free gear, travel, or sometimes a piece of a company. (00:40–00:49)
CLAIM
Asserts that many NIL payments to student athletes are in the form of assets, not cash.
This is an excerpt from a raw transcript. The assertions have not been audited or verified. Tap the video to view the source footage and understand the context.
