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NCAA Battling Big Ten over Trademark

weR138

weR138

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Feb 20, 2008
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We're on March alright, one on which the P5 breaks completely from the NCAA. The B1G is a $$$ and population monster. It won't be long until the other power conferences get together and cut out the middle man.
 
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jbhtexas

jbhtexas

Well-Known Member
Oct 20, 2006
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Arlington, TX
weR138 said:
We're on March alright, one on which the P5 breaks completely from the NCAA. The B1G is a $$$ and population monster. It won't be long until the other power conferences get together and cut out the middle man.
Click to expand...

P5 to NCAA: We are out of here...we can make more money without you.

IRS to P5 members: Interesting move...your breaking away from the NCAA. Perhaps we should revisit your 501(c)(3) statuses...

The P5 has an interesting predicament. They have schools making $160 million competing with schools making 1/2 that much. It starts to beg the question as to whether it really takes $160 million to run an AD, or whether some of these schools are just blowing cash on equipment and facilities because they have the cash lying around. Should a contribution to a "non-profit" organization spending money on things they really don't need be tax-deductible? Does a non-profit really need to have a football stadium that rivals the best professional facilities?
 
weR138

weR138

Well-Known Member
Feb 20, 2008
12,187
5,138
113
jbhtexas said:
P5 to NCAA: We are out of here...we can make more money without you.

IRS to P5 members: Interesting move...your breaking away from the NCAA. Perhaps we should revisit your 501(c)(3) statuses...

The P5 has an interesting predicament. They have schools making $160 million competing with schools making 1/2 that much. It starts to beg the question as to whether it really takes $160 million to run an AD, or whether some of these schools are just blowing cash on equipment and facilities because they have the cash lying around. Should a contribution to a "non-profit" organization spending money on things they really don't need be tax-deductible? Does a non-profit really need to have a football stadium that rivals the best professional facilities?
Click to expand...

I agree...but the NCAA isn't exactly in a position of strength in this. What exactly do they do...with all that $$$ from the NCAA Tournament. The P5 could construct their own NCAA could they not? One that doesn't pay the CEO $1 Million per year?
 
jbhtexas

jbhtexas

Well-Known Member
Oct 20, 2006
14,130
4,087
113
Arlington, TX
weR138 said:
I agree...but the NCAA isn't exactly in a position of strength in this. What exactly do they do...with all that $$$ from the NCAA Tournament. The P5 could construct their own NCAA could they not? One that doesn't pay the CEO $1 Million per year?
Click to expand...

I see that the NCAA has two "advantages" right now as far as the non-profit stuff goes:
1) A whole host of "poor" G5 schools and Div II/III schools, for which the NCAA provides services and benefits.
2) The "tradition" of the NCAA and its members holding non-profit status. IMO, it would be more difficult to take away a questionable non-profit status from an organization and its memberst, than giving a non-profit status to an organization that would have very questionable non-profit finances.

I think there are two categories of non-profit statuses in play here: One for the overall organization itself, and then the non-profit status of the members. If the P5 schools break away, there are no poor sisters to help out..it's just a bunch of relatively wealthy ADs. They can't hide behind a parent non-profit to justify their own non-profit status.
 
weR138

weR138

Well-Known Member
Feb 20, 2008
12,187
5,138
113
jbhtexas said:
I think there are two categories of non-profit statuses in play here: One for the overall organization itself, and then the non-profit status of the members. If the P5 schools break away, there are no poor sisters to help out..it's just a bunch of relatively wealthy ADs. They can't hide behind a parent non-profit to justify their own non-profit status.
Click to expand...

The HELL you say...WE ARE IOWA STATE!

And isn't the NFL a nonprofit?
 
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