Will NCAA Lose Its Tax Exemption Due to NIL Revenue?
With the surge in NIL and TV revenues, the NCAA’s status as a nonpartisan organization may be at risk. We explore the implications of potential tax changes and the future of college sports in light of these financial shifts. #NCAA #CollegeSports #NILMoney #TaxExemption #CollegeFootball #CollegeBasketball #SportsFinance #Monopoly #HigherEducation #SportsNews
The NCAA college football college Basketball had been rumored to possibly Because of all the nil money all the TV Money lose their status as uh Anti-Trust Or nonprofit organization something like That where they would end up having to Pay more money to the Government I didn't know if you heard That or if you think that would be Possible or if that would be True say that Again the NCAA makes a lot of money yeah Off of now you know Nil TV revenue and they get an exemption Uh Antitrust um monopolies that sort of Things and you know they save money by Not having to pay as much taxes into it So they were saying that they may do Something to force them to pay more Money because they're making so much Money I was curious if you thought that Would be possible or if there would be a Way to do it or
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