When the news broke of this yesterday, I didn't realize Iowa was rolling over all season ticket sales to 2021. Meaning, if you want to go to a game in 2020 you have to buy more tickets. If ISU does the same, I'm not sure what I'll do...joining a mad scramble for the few available seats for games that seem unlikely to be played anyway seems like a hassle, not to mention tying up even more money in football tickets.
The Register story also says Iowa fans who don't request a refund of their donations can take a tax deduction, and I'm wondering whether that part is correct. After the 2017 tax law changes, many more people took the standard deduction on their taxes rather than itemizing, meaning that for those people none of their charitable donations were deductible. Beyond that, the law specified that college athletics donations were no longer deductible to anyone under any circumstances. The CARES Act from earlier this year brought back an above-the-line charitable deduction that you can take even if you take the standard deduction. But I don't recall hearing that college athletics donations were made deductible again. Maybe someone else can clarify.
Just something to keep in mind if ISU ends up doing the same thing...if taxes play a role in your decision whether to leave your donation with ISU, make sure you know what you're doing.