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The rich get richer and the poor get poorer-What a shame!!even in HS
Thread Replies (25)
A case could be made that it started on June 27, 1984 when SCOTUS made its
-- VTHokie2000
May 27, 2023 at 09:36 PM ET
VTHokie2000
•
05/27/23 09:36 PM ET
Old days are over permanently. The $$$ drives it all, and it won't go back.**
-- jesuisvtguy
May 27, 2023 at 02:43 PM ET
jesuisvtguy
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05/27/23 02:43 PM ET
Removal of their 501c3 status is a start. **
-- pine52x
May 27, 2023 at 11:43 AM ET
pine52x
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05/27/23 11:43 AM ET
And end govt guaranteed student loans. Also….
-- CrystalCoveHokie
May 28, 2023 at 12:17 AM ET
CrystalCoveHokie
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05/28/23 12:17 AM ET
That seems unlikely to move the college athletics needle
-- Pylons
May 28, 2023 at 10:22 AM ET
Pylons
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05/28/23 10:22 AM ET
Just based on my perception of what a tax-free non-profit should be.
-- pine52x
May 27, 2023 at 05:15 PM ET
pine52x
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05/27/23 05:15 PM ET
I think you miss what non profits really are
-- VTCALS72
May 27, 2023 at 08:06 PM ET
VTCALS72
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05/27/23 08:06 PM ET
You are talking about private foundations that have to “distribute”
-- RJHokie
May 27, 2023 at 08:20 PM ET
RJHokie
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05/27/23 08:20 PM ET
Not talking about a foundation
-- VTCALS72
May 28, 2023 at 08:07 AM ET
VTCALS72
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05/28/23 08:07 AM ET
There is definitely a misunderstanding about this
-- Pylons
May 28, 2023 at 10:38 AM ET
Pylons
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05/28/23 10:38 AM ET
Right with you right to the end
-- VTCALS72
May 28, 2023 at 12:11 PM ET
VTCALS72
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05/28/23 12:11 PM ET
Funds don't have to be distributed to other non-profits
-- Pylons
May 28, 2023 at 12:22 PM ET
Pylons
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05/28/23 12:22 PM ET
Good for you and never said "all."
-- VTCALS72
May 28, 2023 at 06:25 PM ET
VTCALS72
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05/28/23 06:25 PM ET
Well "college athletics" doesn't have 501c3 status.
-- Pylons
May 27, 2023 at 05:22 PM ET
Pylons
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05/27/23 05:22 PM ET
Technically they do as a department of the school if the school
-- RJHokie
May 27, 2023 at 05:28 PM ET
RJHokie
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05/27/23 05:28 PM ET
Money don’t talk, it swears**
-- ombandit
May 27, 2023 at 10:47 AM ET
ombandit
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05/27/23 10:47 AM ET
The rich get richer and the poor get poorer-What a shame!!even in HS**
◄
-- STEAMBOAT
May 27, 2023 at 12:11 PM ET
STEAMBOAT
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05/27/23 12:11 PM ET
2023, things change **
-- VaTechHokiesACC
May 27, 2023 at 10:16 AM ET
VaTechHokiesACC
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05/27/23 10:16 AM ET
For the majority of the D1 your scenario is happening.
-- VTCALS72
May 29, 2023 at 08:43 AM ET
VTCALS72
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05/29/23 08:43 AM ET
Great observation. I had not done that math.**
-- VT ChemE 1986
May 28, 2023 at 10:44 AM ET
VT ChemE 1986
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05/28/23 10:44 AM ET
Think the upper 4 of the M7 will be gone to the big boy league
-- VTCALS72
May 29, 2023 at 08:49 AM ET
VTCALS72
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05/29/23 08:49 AM ET