decision in NCAA v. Board of Regents of the University of Oklahoma, 468 U.S. 85 (1984). At least that was the day the ball started rolling in this direction.

Allow student loans to be discharged in bankruptcy.

Other than maybe making it a bit more difficult for some partial scholarship athletes to afford school.

College athletics seem to be businesses that are out to help only themselves. I think of a nonprofit as an organization that is out to help others. Also, I wonder if college athletes still fit the amateur status. Just my opinion.

Isn't it that the only difference is that a non profit can't hold but so much "retained earnings" and cannot distribute profits to stockholders? But they can be run just like a for profit, make what many would call excessive profits and donate those profits to other non profits or they can make huge sums and reinvest it all in their organization. Isn't that was college sports have done?

at least 5% of the fair market value of their endowments each year for charitable purposes. Other nonprofits are not subject to this rule. However, the other nonprofits must exist for charitable purposes and have to provide/disclose certain data to support this. ** Edited by RJHokie at 5/27/2023, 8:21:15 PM

But rather trying to explode the myths the Non profits operate to come up with an income equals expenses. Instead they operate or can, just like the for profits as far as obtaining "retained earnings" which is the non profit word for profits. Maybe not completely but pretty close. What they can't do is distribute those retained earnings to shareholders etc. But they can donate them to other non profits and effectively become fundraisers.

Non-profits are free to generate revenue. They're free to pay good salaries to employees. They can handle lots of money. But they don't have "ownership." I created and manage my 501c3, but I don't "own" it. So, as you said, the difference is in what is done with the surplus $$$. Businesses can distribute it to owners. Nonprofits have to use it to further their cause.

Non profits can distribute it to other non profits. Not sure about the "further their cause", as in the stated purpose for their existence is necessarily correct as long as the "donation" is to another qualified non profit. As an example, again as I understand it, a non profit that is say a "feed the hungry" or a "support the soldiers" are not limited in their "donations" to feeding or direct assistance to soldiers but can go to non profits of other purposes.

Mine exists primarily to help struggling alcoholics afford quality treatment. I can pay for-profit rehab centers and therapists on behalf of sufferers. Not all nonprofits are charities/foundations that simply collect and re-distribute donations. ** Edited by Pylons at 5/28/2023, 12:23:25 PM

Some are really good but a whole lot of stuff going on. Again my point was non profits are in pursuit of income over expenses just like for profits.

Individual athletic departments don't either. The AD is just part of a much, much larger organization that indeed is out to help others. And nothing says that nonprofits can't be involved in commerce or with large amounts of money. And I'm not sure that "amateur status" is even a meaningful or important term any more.

Is tax exempt. All public state schools and colleges are tax exempt by federal statute. And tax exempt schools have to report any non-related business income to the IRS and pay taxes on any net income that is derived from those sources. ** Edited by RJHokie at 5/27/2023, 5:29:11 PM

...when coaches and administrators began making seven figure salaries, when big money TV deals were struck, when schools began selling personal seat licenses, and dreamt up other ways to create a large amount of revenues and spend it all around......except on the players. The players watched this and then demanded a bigger piece of the pie. Everyone else was eating those pies like crazy. Want it to return to the old days? Have coaches work for what they did in the Sixties/Seventies, adjusted for inflation, and have AD's and staff do the same. Cancel the TV deals, don't take that money and go back to ticket prices charged in the old days. Do that, then maybe the players will be satisfied with a scholarship, room and board. But, that will never again be reality unless the TV money dries up and conferences go back to small, regional groups, hoping to get enough money from the gate, parking and concessions to keep the lights on. What are the chances of that?

IMHO the big money will be re distributed to about 30 or so schools and the other 100+ will go back to something just like you laid out. They won't be refusing money, just there won't be much offered. The only difference is successful players will be looking to get an offer from the 30 or so. Most schools will be like a minor league for the 30 or so. Heck the 30 may have working arrangements with 2 to 3 of these lower rated schools to "place" players they think will be good but need some time. To me, with GOR etc, that gives those schools who are not in the Big 30 time to create a model of governance that empowers the NCAA or whatever successor, to act forcefully against stuff like UNC pulled or Miami and force suspended seasons etc. I hope the Wakes East Carolinas, Marshalls etc are already working on this and hope VT is at this table as well. I really hope we have a hand in designing what the new "school" division of amatuer football is. The bad thing for us is we are one of about a dozen schools who have one foot hanging on the lip of the upper division boat and one still on the college division shore. The boat is moving away from the shore and we have absolutely nothing pro active we can do to get us in the upper division boat. It all depends if the ones in the boat throw us a lifeline. On the other hand if we go all in on begging for that lifeline and we don't get in, we won't be as much a part of what the new entity looks like and that could be bad. I actually think that college football has the opportunity to let the 30 or so go and then. learning from all the mistake$ previously made, create something that will be exciting and good for the ones who want to be fans and not just complaining couch potatoes.

I hate what it has become. I'd gladly take the M7 + GT + Louisville for a 9 team FB conference. Smaller, regional, historical rivalries (Louisville is the exception, but they have good upside in revenue sports).

Your league could and more than likely would look like VT, UVA, NCSU and the non M7 schools. Would you like that one?