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Message: [QUOTE="UConnJim, post: 5181715, member: 1559"] There was no path forward for the external non-profit collectives. The IRS ruled that collectives are not tax deductible organizations and they planned to make oversight of collectives a priority in 2025. And, some of the biggest collectives were getting legal and financial scrutiny from states and the federal government and the collectives were anticipating legal and financial audits and decided to close. This is not a UConn issue. Basically, almost all of the non-profit collectives closed as of year end. The largest collective, BPS Foundation, which managed collectives for Arizona, NC St., BC, Montana St., Nevada, Penn St., UNLV, Gonzaga, and UC Santa Barbara shut down at the end of last year as did the collectives at Notre Dame and Alabama. The quirk in all of this is that donations to athletic departments are generally tax deductible unless you as an individual receive a direct benefit. So, it is possible that you can donate to the athletic department and the money is used to pay athletes and the donor gets a deduction. We'll see if that happens. As a side note, the D'Amelio Collective never advertised itself as a non-profit and focused on helping athletes build brands. This type of collective will probably continue. [/QUOTE]