Illinois Hoops Recruiting Thread
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Here is the tax break down on 4M in IL. I omitted retirement donations, and property taxes to simplify things.
For entertainment, I looked at CA and its 14.63% state tax at that level (13.86% effective rate). You get to keep $1,874,710.
| Tax Type | Marginal Tax Rate | Effective Tax Rate | 2023 Taxes* |
| Federal | 37.00% | 35.88% | $1,435,208 |
| FICA | 2.35% | 2.55% | $102,132 |
| State | 4.95% | 4.95% | $197,880 |
| Medicare | 0.9% | 0.84% | $33,750 |
| Take-Home Pay | $2,231,030 |
For entertainment, I looked at CA and its 14.63% state tax at that level (13.86% effective rate). You get to keep $1,874,710.
I think the truly elite programs have already figured out how to funnel NIL money, especially given they were already paying these kids pre-NIL.
It's a rare condition this day and age to read any good news on the newspaper page... Mostly because nobody reads newspapers.FamILLy matters
But it's the bigger love of the family that matters.
Did I do that?
I image we will find a real starting PG from the portal rather than using Ty, MD, or Storr.
Maybe Dior Johnson (as previously hinted at). *shrug*
My semi-realistic transfer options (and who the hell knows if any of these guys will actually transfer?):
- Storr (but I'm still surprised to see all the rumors about this one)
- Johnson (lots of competition for him, I'm sure, and I'm not sold he's a fit given his past legal issues)
- CJ Jones (UIC)
- Kylan Boswell (although is he a realistic option?!?)
Players I'm curious about, due to coaching change or lack of PT:
- Jalen Washington (UNC)
- Seth Trimble (UNC)
- Xavier Johnson (SIU) -- COVID year still? Also, he's short. Hmm.
- Tre White (Louisville)
Thanks for reminding me. We will see about Dior but obviously a starting PG is in Brad’s mind. Hopefully Moretti can earn some minutes, too.
After watching the Coleman interview, I would like to put my guess of him coming back at 60%. I know, I know, probably wishful thinking but it's just a guess. I will leave Domask at 50/50 because the NCAA is involved, but feel they are losing power each day/week. I like that I can make these guesses knowing either way.....our team will be loaded with dudes...dawgs next year!!!!
DB11Headband
- Chicago Burbs
Coleman: 0%
Marcus: 0%
Transfer guard, Storr, MD, TY, and Kalkbrenner would be a dirty lineup imo(think Ty is perfectly suited to play the 4 and do a bit of everything) plus you would have Morez, Amani, Sincere, Niko/DGL, and ideally another combo guard/wing transfer maybe Goode too then Butler could be brought around slowly and jaksty could redshirt.
Does Marcus want to try to go pro(maybe overseas) or is there a reason he couldn't get a medical redshirt?
RichardKeenesCousin
Richard Keene's Cousin
ohh come on Dee. Its 0% that Kofi comes back to play for a year next year. It's got to be <1% for Marcus at the very least!!!!
Battle89
- Cary-Grove, the better Trojan team
Overseas was my thought too. DB's note conflicts with what other insiders said last week, but I imagine first team Big Ten will increase his value to prospective teams.
ptgrd23
- orange county CA
If Ty could re-open his growth plates and grow to 6'9"
I wonder how hard Ty works on shooting. He should be meeting TSJ at gym at 430 in morning. It took 2 seasons but Terrance not only has become very good 3 point shooter but he has developed mid range game as well.
https://www.news-gazette.com/sports...cle_5f0f4f93-fce6-5990-bffd-15a84c649e6b.html
I wonder how hard Ty works on shooting. He should be meeting TSJ at gym at 430 in morning. It took 2 seasons but Terrance not only has become very good 3 point shooter but he has developed mid range game as well.
https://www.news-gazette.com/sports...cle_5f0f4f93-fce6-5990-bffd-15a84c649e6b.html
Coleman is gone
Any scut on the rumor of Josh on the verge of reeling in a whale not named Khan?
1m4tr
Cliffmas
Jalen and Seth if they were gonna transfer should have done so. They both have more playing time available next year since RJ and Bacot will be gone.
Jalen is an intriguing talent. Seth can dunk and play strong D but he’s not a scorer at all. Can’t run a high major team. Not a gifted passer like Cadeau. Isn’t a three point threat. If he transfer it’ll be to a much lesser program. Penn State seems like to like UNC transfers.
ChiefGritty
- Chicago, IL
He cannot get a medical redshirt because he did not lose eligibility the year he was hurt. Others in the same position have applied for the waiver and failed, including Tommy DeVito at Illinois and including Cam Spencer at UConn literally a week ago.
To the extent insiders are reporting optimism among our staff, our staff has misguided optimism on this question.
The insider chatter on DeVito from the football staff was "hey, it's worth a shot". It was. It is on Domask. But the culture of optimistic tea leaf grasping around here is developing a wrong impression about the ability of Domask to get an extra year of eligibility.
Hmmm ok, well you are one our insiders, and I respect that, and your answer. Doesn't mean I like it!! lol
billybaroo
- Pebble Beach, CA
I’ll just say I didn’t say we’re number one now based off a rumor of us getting a donation…..
DICKnaggie
- Champaign
A completely different take on what we have heard regarding Domask recently. Curious why and what happened. Prospected better in another situation? Waiver get denied or hearing of better opportunities elsewhere?
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