re: Fiesta Bowl Scandal

quote:

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The investigators do not make conclusions about whether bowl executives or others broke the law, but at least one expert in nonprofit organizations said the findings could lead to criminal charges. At minimum, the investigation is likely to threaten the tax-exempt status of the bowl, which, like most other prominent organizations in college sports, is formally registered as a charity.

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IMO, the allegations of criminal conduct are the most serious part of this. At a time when higher education is strapped for cash, it is difficult to watch the bowls rake in tons of dough and not share the proceeds with the schools more than they do now. An article I read earlier this year reported that most schools lose money on the deal when they participate in a bowl (something to do with guaranteed seats at game and hotels, etc.). That is a travesty given the TV money the bowls get. Of course, now we know where the money is going. When the Feds get involved to investigate these serious allegations of federal crimes, the whole bowl system could fall like a house of cards.

It could be that only the guys in Phoenix were doing this kind of stuff, but I doubt it.