- My Forums
- Tiger Rant
- LSU Recruiting
- SEC Rant
- Saints Talk
- Pelicans Talk
- More Sports Board
- Fantasy Sports
- Golf Board
- Soccer Board
- O-T Lounge
- Tech Board
- Home/Garden Board
- Outdoor Board
- Health/Fitness Board
- Movie/TV Board
- Book Board
- Music Board
- Political Talk
- Money Talk
- Fark Board
- Gaming Board
- Travel Board
- Food/Drink Board
- Ticket Exchange
- TD Help Board
Customize My Forums- View All Forums
- Show Left Links
- Topic Sort Options
- Trending Topics
- Recent Topics
- Active Topics
Started By
Message
re: What do college athletic boosters get in return for their monies?
Posted on 1/3/24 at 12:27 pm to onepiecemayne
Posted on 1/3/24 at 12:27 pm to onepiecemayne
Serious boosters get access. Access to coaches and star players. And more access as you give more
0
Posted on 1/3/24 at 12:29 pm to onepiecemayne
If the team wins a national championship their wife gets to make tik-toks in the White House with the team
Posted on 1/3/24 at 12:32 pm to Great Plains Tiger
Watch Blue Chips. You'll find your answer lol.
Posted on 1/3/24 at 12:33 pm to onepiecemayne
I would also think that some of the biggest boosters are business owners that benefit directly from the seven or eight home games we get per year.
It just makes sense that when business is good, the rich get richer. Business is good when we win.
It just makes sense that when business is good, the rich get richer. Business is good when we win.
Posted on 1/3/24 at 12:39 pm to onepiecemayne
They get their names on building, advertising, names on gates and entrances to the sports fields and arenas, access to the coaches, TAF benefits, suites, tickets to bowl games/Championship games..etc....
If you donate enough you can even call yourself the official person injury attorney of the LSU Tigers AND the New Orleans Saints
If you donate enough you can even call yourself the official person injury attorney of the LSU Tigers AND the New Orleans Saints
Posted on 1/3/24 at 1:09 pm to Bjorn Cyborg
quote:been saying this all year. Changes will be introduced as soon as all this conference realignment finishes
It's why it's not sustainable long term
Posted on 1/3/24 at 1:11 pm to Bjorn Cyborg
quote:NIL payments to an athlete are deductible as a business expense.quote:No, not even that. It's why it's not sustainable long term. No tax deduction and not even a library named after me.
a tax write-off?
Payments to universities are deductible to the extent the donor does not receive value for the donation. However, no deduction shall be allowed for any amount paid to or for the benefit of an institution of higher education if the payer receives (directly or indirectly) as a result of that payment the right to purchase tickets to an athletic event at an athletic stadium at that institution.
Posted on 1/3/24 at 1:27 pm to tgrbaitn08
quote:A very small percentage of TAF donors receive all of those benefits.
They get their names on building, advertising, names on gates and entrances to the sports fields and arenas, access to the coaches, TAF benefits, suites, tickets to bowl games/Championship games..etc....
Only the mega-donors get all of those benefits while the rest of us just get some satisfaction of knowing we're helping the program.
I've been giving since the mid-90's and according to the TAF website I'm barely in the top 10% in TAF Lifetime Priority Points which means that TAF status plus $5.95 will get me a Grande Cappuccino at Starbucks...
Posted on 1/3/24 at 1:29 pm to onepiecemayne
Rich people showing off their shiny trophies.
Posted on 1/3/24 at 1:30 pm to Bert Macklin FBI
quote:
They also get access. Best tickets, invites to all the swanky events, etc.
This.
Know one medium level booster (
) and he has awesome access to facilities, the field before games, occasional practices, goes to dinner with coaches, etc. ETA:
No, I don't know him close to well enough to ask about our next defensive coordinator
This post was edited on 1/3/24 at 1:31 pm
Posted on 1/3/24 at 1:34 pm to onepiecemayne
It’s the whole national media having to acknowledge that Louisiana is #1 in something rather than being last in everything
Posted on 1/3/24 at 1:35 pm to Salviati
Payments to NIL collectives are not deductible and not a tax write off.
If you paid a player directly for services then yes. If you donate to the school then yes. If you donate to a collective then no.
If you paid a player directly for services then yes. If you donate to the school then yes. If you donate to a collective then no.
Posted on 1/3/24 at 1:43 pm to Bjorn Cyborg
I'm an avid LSU fan. You walk in my home, you'll know my allegiance. I would never pay a teenager money to attend LSU. If i had that kind of money, there are plenty charity's to donate to.
Posted on 1/3/24 at 1:51 pm to onepiecemayne
Pleasure and entertainment.
Posted on 1/3/24 at 2:19 pm to onepiecemayne
Metaphorical BJs from the coach and AD. "Insider" info. Probably a gift basket or two.
Posted on 1/3/24 at 2:24 pm to Locoguan0
quote:
You have 500 million dollars
If I have that much money I could easily see myself giving LSU a six figure contribution every year. But it better come with a suite
Posted on 1/3/24 at 2:29 pm to Bjorn Cyborg
Donations are eligible for tax right offs.
Posted on 1/3/24 at 2:36 pm to Bjorn Cyborg
quote:
a tax write-off?
No, not even that. It's why it's not sustainable long term. No tax deduction and not even a library named after me.
They do get a tax writeoff. You get a tax writeoff if you donate money as long as you don't get anything in return for your donation ie library, etc.
Posted on 1/3/24 at 2:42 pm to Locoguan0
quote:Defintely not give it to a bunch of college athletes and failed coaches.
Let's say you win the lottery. You have 500 million dollars. What are you going to do with it?
If the sport makes so much money the players need to be paid why should boosters have to write checks for coaches and players? NFL teams don’t have boosters paying for their players. They have owners and revenue for this.
Posted on 1/3/24 at 2:46 pm to GeauxBoi
quote:But only if, generally speaking, their total itemized deductions which includes charitable donations for a married couple filing jointly exceed the standard deduction of $27,700 for tax year 2023 or $29,200 for tax year 2024.
They do get a tax write off.
According to Intuit, maker of TurboTax, nearly 90% of taxpayers claim the standard deduction vs. itemized deductions.
Page 2 of 3
Popular
Back to top
Follow TigerDroppings for LSU Football News