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[QUOTE="Dogdude, post: 5275242, member: 13168"] So the University may not pay tax, but they'll have to 1099 or W2 every student athlete, even those in the fringe sports. It depends on whether for not the athletes are considered employees or independent contractors. It's going to get interesting, but also a little depressing, as the fringe sports will suffer being demoted to club status as it's too expensive to support them. I see a lot of smaller colleges dropping athletics altogether down to club status. I'm sure they'll go for non-profit status, otherwise there will be no tax write-off for the donors, which is a significant bonus for the bigger ones. As for turning a profit, forget about it. The medical research labs are the only department in any university that make money, and that's because the universities take a cut of the grant money that the labs get. I'd be curious to see what one of the top-five football schools make on their A.D. after all the other sport's expenses are factored in. There might be one or two in the plus column, but I bet that tv money gets blown pretty quickly. [/QUOTE]
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