With College Sports going "Pro" is it time to end the Tax exempt status for Programs?

[El Paso Eagle]

College sports are no longer amateur sports, especially football and basketball. This has become a big-time entertainment business with a lot of money being made and spent. I am not a tax expert, but why should college programs continue to receive 501(c)(3) tax-exempt organization status?

[Censored by Laurie]

Joel Osteen does not like this thread…

[El Paso Eagle]

Just now, Censored by Laurie said:

Joel Osteen does not like this thread…

That's a whole another thread for another area but there should be changes there also

[Censored by Laurie]

Just now, El Paso Eagle said:

That's a whole another thread for another area but there should be changes there also

No doubt…just making sure the parallel is drawn. To be clear, I agree with your original premise. 

[Travis]

All pro leagues and teams are 501c3. 

[UNTLifer]

As soon as Biden reports all of his income…

Edited December 6, 2023 by UNTLifer

[GBarksdale]

On 12/5/2023 at 11:17 PM, Travis said:

All pro leagues and teams are 501c3. 

Well, I think they're 501(c)(6), still tax exempt tho.  IIRC, the NFL gave up their tax exempt status about 10 years ago.