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re: Academics starting to call for the end of college football
Posted on 7/31/17 at 1:29 pm to allin2010
Posted on 7/31/17 at 1:29 pm to allin2010
quote:wow, what a SHAM that is. It is treated like a charitable donation. I wonder how much money charities miss out on every year b/c of crap like that.
Well that is not 100% true. Most money given to colleges for athletics come in the form of ticket priority just for the right to buy tickets. That is then tax deductible at the rate of 80%. My 4 scholarship tickets cost $12,000, but I get a $9,600 tax deduction. So the government is still partially funding the moneys that go for sports.
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Posted on 7/31/17 at 1:34 pm to Slackaveli
It is a donation to athletics. that is why you are considered a booster if you are a season ticket holder. Only 20% of it at LSU.
Posted on 7/31/17 at 1:37 pm to Slackaveli
Charities wouldnt be the ones missing out. It would be the government. There is no cap on the amount of charities allowed.
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