Just learned that Great Osebor from Utah State, just "committed" to Washington for 2 million dollars. Apparently, the highest amount in the transfer portal this year for basketball. Further, it's been rumored that Steve Balmer has been lurking around campus/NIL offices in the area.
So what does Balmer get for 2,000,000???? Nothing...absolutely nothing. He just paid a kid 2,000,000 for no value in return...how does this work from the IRS perspective??? Boggles my mind.
This makes me less confident in landing a big man.