Following up on my recent post about the NCAA, college sports and tax-exempt status, take a look at this tidbit in USA Today which reports college coach salaries. I’ll bet Jim Tressel thinks his approximately $500k advantage over Lloyd Carr is worth it following this weekend’s Ohio State-Michigan game… Of course, that begs the question,…
Back in February, Madeline authored an interesting post about the tax implications of college football. Not to be outdone at the beginning of football season, DevilGrad followed up on an inquiry by some Congressional officials into the tax-exempt status of college sports. It seems, these days, that as the popularity of college sports grows, so,…
Madeline had previously posted an interesting query about the economics and tax implications of (gulp) college football. It’ worth another look in light of this recent post by DevilGrad on a similar issue. There’s even more analysis here. The real question is “Why is a multi-million dollar business, which is not effectively related to a…
Guest Blogger: Madeline M. MartinAs almost anyone who knows me can attest, I am a college football fanatic. This time of year I usually focus my attention on recruiting. This month, February, is when high school seniors can formally commit. It was recently reported throughout the sports media that Texas A&M recruit, Terrence McCoy, stated,…