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re: Kentucky Athletics, now a holding company. Who will be next?
Posted on 4/28/25 at 8:07 pm to kywildcatfanone
Posted on 4/28/25 at 8:07 pm to kywildcatfanone
Another nail in the coffin of what was college athletics. NIL, tax exempt status, sitting out games, transfer portal … quickly loosing interest in “amateur” sports.
1
Posted on 4/28/25 at 8:43 pm to kywildcatfanone
Just kill it already…. College athletics is a zombie at this point
Posted on 4/28/25 at 9:56 pm to Honkus
quote:
This is just the next logical step of profit sharing
Nothing about this is remotely related to profit sharing.
Posted on 4/28/25 at 10:21 pm to UKWildcats
quote:
Rupp Arena is owned by the city.
Once you become a LLC you are a tax paying entity. Buildings, training fields, etc will be subject to property taxes and if the LLC makes a profit then there will be income taxes also.
Posted on 4/29/25 at 5:05 am to Arktigers
People are fooling themselves if they think college athletics are still amateur status.
Kids are staying in school because they make more money than they would playing in Europe
Kids are staying in school because they make more money than they would playing in Europe
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