Articles matching tag: Tax Laws

  1. Column: How College Sports Dodge TaxesJanuary 11, 2018

    When Alabama beat Georgia for the National Championship it put an end to the 2017 college football season. What will continue is the tax dodge engaged in by college sports programs around the country. Historically, college sports were viewed as merely ancillary to the educational purpose of universities. The concept was akin to the U.S. Supreme Court’s decision in 1922 that granted MLB an antitrust exemption because, according to the Justices, baseball wasn’t “a business.” Both decisions may have made sense decades ago when revenues were generated primarily from ticket sales, but they seem absurd today. NCAA Division I sports programs generate an estimated $8 billion a year and tickets represent only a fraction of that total. That’s more income than the NHL and the NBA – approximately $4.5 billion and $6 billion, respectively - generate.