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If the sec isn’t a corporation, what is it?
Posted on 9/8/26 at 8:46 pm
Posted on 9/8/26 at 8:46 pm
Asking bc I literally have no idea. In mosconas interview last week with AG Murrill, she said the sec isn’t a corporation, it’s just an agreement bw schools. Legally, how does that work? Sankey is paid $4.8m. Does each school pay a portion? They pay referees, chain gang, negotiate tv contracts, etc. I assume they pay some sort of taxes. So, if the sec is just an agreement bw schools, how does that exist?
Posted on 9/8/26 at 8:50 pm to ManOnDaRun
An unincorporated association.
Posted on 9/8/26 at 8:52 pm to Epaminondas
Does that have to pay taxes? How do they pay salaries, make deals, etc?
Posted on 9/8/26 at 9:11 pm to Epaminondas
quote:
An unincorporated association.
Or is it an unincorporated partnership???
It seems to be for profit anymore.
Posted on 9/8/26 at 9:14 pm to ManOnDaRun
It’s a Mob and should be hit with racketeering charges

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