To be clear, he collected $1,000 for signing the LOI. And then went radio silent shortly after. Surely could have been handled better, but wish him the best.inthescoop wrote: ↑Sun May 07, 2023 7:33 pmAfter you collected the money on top of it
KAEO Reggie (RJ) Luis
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Re: KAEO Reggie (RJ) Luis
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Re: KAEO Reggie (RJ) Luis
Did he or does he have to give back the $1,000? Or did he walk away with $1,000 free and clear? Just curious.umasscollective wrote: ↑Mon May 08, 2023 6:41 amTo be clear, he collected $1,000 for signing the LOI. And then went radio silent shortly after. Surely could have been handled better, but wish him the best.
I wish him the best (unless they play UMass at some point, in which case I hope we stomp them in an upset) and hope he finds what he's looking for in NYC.
Re: KAEO Reggie (RJ) Luis
^ All indications are that he kept the $10,000. I'm sure someone from The Collective can confirm or deny this if they feel comfortable doing so.
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Re: KAEO Reggie (RJ) Luis
I guess my other theory was true.. he used UMass and the collective to set the market and pump up other offers.
Re: KAEO Reggie (RJ) Luis
^^ I find it hard to believe that there isn't language in any contract he may have signed that requires pay back of any money received if he's not on the roster for the upcoming season.
"Win without boasting, lose without crying." -- Julius Erving
Re: KAEO Reggie (RJ) Luis
It was $1000. I’m sure he kept it.
We appreciate all contributions and look forward to continue our growth. We presented 100k over 2 year opportunity to RJ, which was never answered. Total cost to Mass Co was $1,000.
Re: KAEO Reggie (RJ) Luis
^ My bad. It was only $1,000 but he should not have kept it if he did so.
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Re: KAEO Reggie (RJ) Luis
I’m sure mr irs will be coming for their cut of rj’s $$
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JUST SAY NO TO THE MAC
JUST SAY NO TO THE MAC
Re: KAEO Reggie (RJ) Luis
And why are people wishing him well on here? He never earned any well wishes from umass fans. Fernandes fine, he earned our well wishes after a good career here but this guy whatever. Don’t let the door you smack you on the ass as you scurry out of town like a little rat RJ
Re: KAEO Reggie (RJ) Luis
and let's add in NY city and state taxes. plus the much higher room and board costs at St. Johns. tax men will get their $$PreecherJenkins wrote: ↑Mon May 08, 2023 8:17 pm I’m sure mr irs will be coming for their cut of rj’s $$
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Re: KAEO Reggie (RJ) Luis
^the scholarship covers room and board...
Re: KAEO Reggie (RJ) Luis
scholarships are non-taxable for tuition, books, fees, etc. but room and board are taxable. Doesn't matter for most students, because room/board value doesn't hit tax thresholds, but if you're making NIL or other $$, I think you have to pay
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Re: KAEO Reggie (RJ) Luis
Do we really give a crap if he has to pay taxes? Personally, I'm no longer interested in anything he does unless he reverses course and comes back. Not much chance of that.