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Collegiate Conferences are Tax Exempt, Speaker Johnson….

Posted on 9/9/26 at 12:28 pm
Posted by Geauxldilocks
Member since Aug 2018
6691 posts
Posted on 9/9/26 at 12:28 pm
And Scalise it’s time to take away this exemption as conferences generate billions in revenue. The athletes are professional now and the exempt status tied to education of the school is long gone.

The liberals have never met an exempt removal they won’t support and every conference in America will rightly blame Sankey for his vendetta forcing congress intervention.

The SEC can issue threats to LSU, turnabout is fair play.
Posted by Geauxgurt
Member since Sep 2013
13732 posts
Posted on 9/9/26 at 12:43 pm to
They should all be removed based solely on the amount of money the Media contracts bring in.

Reality is that the Athletic Departments should also no longer be tax-exempt, and players should be taxed for their scholarship value now, as well as their NIL/revenue sharing.
Posted by GregMaddux
LSU Fan
Member since Jun 2011
18803 posts
Posted on 9/9/26 at 12:44 pm to
Isnt the nfl also tax exempt?
Posted by PUB
New Orleans
Member since Sep 2017
21445 posts
Posted on 9/9/26 at 12:47 pm to
Baker $55 million a year
NFL and NCAA are a scam. Bribes and payoffs for billions in profits
Posted by Geauxldilocks
Member since Aug 2018
6691 posts
Posted on 9/9/26 at 12:50 pm to
quote:

Isnt the nfl also tax exempt?


Yes, but each of the 32 teams pay corporate and state business taxes.

Sankey would be out today if Congress floats this trial balloon and SEC would back down on everything.
Posted by Tiger Prawn
Member since Dec 2016
26504 posts
Posted on 9/9/26 at 12:50 pm to
quote:

Isnt the nfl also tax exempt?


Not anymore. Google says the NFL voluntarily gave up its tax exempt status in 2015 to calm down public criticism and to avoid having to make public disclosures of executive compensation. Previously the league office was tax exempt, acting as a pass through to distribute revenue shares to the individual teams. Teams always were taxable businesses.

NHL and PGA appear to be the only major sports league offices still operating as tax exempt.
Posted by CaptainJ47
Gonzales
Member since Nov 2007
7870 posts
Posted on 9/9/26 at 12:59 pm to
Yeah just what I want… the government to tax the SEC only to piss it away. Horrible idea. Even if the SEC can be a waste I would rather the government have less money.
Posted by Geauxldilocks
Member since Aug 2018
6691 posts
Posted on 9/9/26 at 1:02 pm to
quote:

Yeah just what I want… the government to tax the SEC only to piss it away. Horrible idea. Even if the SEC can be a waste I would rather the government have less money.


Have you seen how bloated the SEC office is with personnel? Not to mention Sankey’s $5M salary while he prevents Harris and Wright from earning a living. He is screwing these children over.

Posted by Juan Betanzos
New Orleans
Member since Nov 2005
4514 posts
Posted on 9/9/26 at 1:10 pm to
quote:

The SEC can issue threats to LSU, turnabout is fair play.


Like I've said from the outset.... LSU is like Michael Corleone...... he's allowing the 'bad seeds' to react emotionally, not thinking about all the possibilities -- so that he can take them out.

Sankey and Co. really got WAY too emotional on this --- and didn't step back to consider ALL possibilities of retaliation or blowback.

This should be grounds to have him removed for cause -- as he's endangering the conference to future lawsuits and financial losses.
Posted by RGT
Member since Aug 2024
2313 posts
Posted on 9/9/26 at 1:18 pm to
History repeating itself self.Back in the mid 60s Louisiana had the most powerful politicians in Washington ,Hale Boggs,Ellender ,Russell Long.Pete Rozelle ,then NFL commish wanted a antitrust agreement so the NFL would be protected from opposition.The LA.powers that be said sure we will vote your way ,oh buy they way there will be a franchise in New Orleans won’t there.Same way now ,Johnson ,scalise threatening the SECs tax exemption status.Thats how you play the game,CHECKMATE!
Posted by Geauxldilocks
Member since Aug 2018
6691 posts
Posted on 9/9/26 at 1:20 pm to
I recall and know Johnson and Scalise staff read this board. They can destroy Sankey.
Posted by Tifway419
Member since Sep 2022
2484 posts
Posted on 9/9/26 at 1:30 pm to
quote:

players should be taxed for their scholarship value now, as well as their NIL/revenue sharing.
Scholarships are not taxable, and shouldn’t be if they’re used for room & board. NIL is taxed federally, and in most states.
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