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At what point does CFB cross the “tax free” boundary?

Posted on: October 9, 2024 at 12:22:02 CT
ScottsdaleTiger MU
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Educational institutions are “tax free” under Internal Revenue Code Section 501c(3) (if memory serves). At what point does college football cross its boundaries and become a taxable enterprise, at least for the schools and players?

Income generated by Universities may or may not be taxable (unrelated business income). An argument can be made that producing football games is “unrelated” to a school’s education and research functions.

Edited by ScottsdaleTiger at 12:43:10 on 10/09/24
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answering questions on 70-team proposal, aka project rudy - tmcats KSU - 10/9 10:54:21
     The SEC already said this isn’t going to happen. - TigerMatt STL - 10/10 06:41:32
     What will happen is what the SEC & Big 10 want... - Lerxst MU - 10/9 18:15:15
     seems unrealistic... why would the B1G & SEC agree to it? (nm) - zounami MU - 10/9 17:42:10
          NYT/Athletic: "Why would the SEC or B1G ever join a super- - zounami MU - 10/9 18:01:36
     Won’t happen. Shouldn’t be discussed (nm) - TigerFan92 STL - 10/9 12:32:03
     At what point does CFB cross the “tax free” boundary? - ScottsdaleTiger MU - 10/9 12:22:02
     At least 15 from SEC are in - JayHoaxH8r MU - 10/9 11:43:20
          I don't think the SEC would choose to leave anyone behind - XRob MU - 10/9 11:47:42
               Not with Vanderbama on the rise - samclemens MU - 10/9 12:04:14
               That's fair. So the 16 in SEC and 18 from b1g - JayHoaxH8r MU - 10/9 11:50:10
     k-State, kU, Iowa State, TCU, Baylor, Tech...would be part - Carlos Rossi KC - 10/9 11:21:02
          the proposal is a 70 team league ... - tmcats KSU - 10/9 11:25:14
               Exactly - it is a proposal. The BIG and SEC will say no - Carlos Rossi KC - 10/9 12:05:58
               ksu would be left out of 70(nm) - tman MU - 10/9 11:36:52
                    i know that makes you feel good to write ... - tmcats KSU - 10/9 11:39:27
                         No - for you it is about not being left out which eventually - Carlos Rossi KC - 10/9 12:07:38
                              I guess I don't get the obsession with this - Genco98 MU - 10/9 12:47:14
                                   you have it exactly backward - FootballRefugee MU - 10/9 13:17:08
                                        The arrogance - Genco98 MU - 10/9 13:20:14
                                             you're upset again - FootballRefugee MU - 10/9 21:36:37
                                   Because all of those remaining Big 12 schools sh*t all - Carlos Rossi KC - 10/9 13:14:38
                                        Who cares? - Genco98 MU - 10/9 15:43:20
                                             you do - FootballRefugee MU - 10/9 21:37:02
     You in Scottsdale by chance? - alwaysright MU - 10/9 11:05:36
          nope, on the lake in minnesota - too hot out there(nm) - tmcats KSU - 10/9 11:10:10
               walleye fishing?(nm) - tman MU - 10/9 11:39:24
                    nope, just looking out over a beautiful lake today ... - tmcats KSU - 10/9 11:41:07
     It sounds like investors wanting to buy into ownership or at - JeffB MU - 10/9 11:02:56
          not many operate in the black ... - tmcats KSU - 10/9 11:09:33
               That's entire athletic departments. This is regarding - kmawv8 KC - 10/9 12:34:55
               That's a management problem, irrelevant to the big picture - XRob MU - 10/9 11:44:16
                    Exactly. Spending more than you take in can be resolved - JeffB MU - 10/11 13:31:38
                    It is more of an Olympic sports issue(nm) - Genco98 MU - 10/9 11:58:14
                         and title 9(nm) - tmcats KSU - 10/9 12:00:25
                    $20 million per annum is not irrelevant* - tmcats KSU - 10/9 11:48:52
                         It's still a management problem. If it is hurting the - JeffB MU - 10/11 13:51:47
     nobody asked you - FootballRefugee MU - 10/9 10:55:02
          this potentially affects us all ... - tmcats KSU - 10/9 11:11:39
               You are only concerned because you know the SEC and BIG - Carlos Rossi KC - 10/9 13:21:28




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