OT slightly: Oklahoma senator wants tax-exempt leagues to be taxed
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04-30-2013, 07:14 PM
Join Date: Jun 2009
Originally Posted by
We're told time and again by the universities that the athletics departments are operated financially independent from the rest of the university. If that's the case, why should being an athletics booster count as a tax writeoff?
Maybe where you live that is the case, there are only a handful of D1 schools that make a profit every year. Football and Basketball are the only profitable sports and they do not make enough to cover all of the other sports at the vast majority of schools.
(I cant believe I am defending college sports, normally I am complaining about the business side of them)
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