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Tax Bill Bringing Big Changes to College Athletics
https://www.google.com/amp/s/amp.usa.../amp/968741001
No more deductibility for the right to buy season tickets. 21% excise tax on salaries of $1 million or more. Unrelated income is going to take a hit too.
Coach O's salary will carry $630k excise tax. Saban's salary will cost over $1 mil. ULoL is already cash strapped and will have to come up with another $250k. Have to think this will affect coaches salaries, especially for the G5s and less affluent P5 schools.
Will be interesting to see how all this plays out.
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