Why College Football Teams Are Worried About Tax Reform

The video discusses the financial structure of college sports, focusing on the role of tax-deductible donations. It explains how universities, like LSU, rely heavily on these donations to fund their athletic programs. The video also highlights the potential impact of changes in tax laws on these donations and the broader implications for college sports funding.

What is one of the main revenue streams for college sports programs?

• Student fees

• Tax deductible donations

• Merchandise sales

• Government grants

How do universities encourage donations for athletic programs?

• By hosting fundraising events

• By providing scholarships

• By making donations tax deductible

• By offering free tickets

Who are the typical donors to college sports programs?

• Students and faculty

• International investors

• Government agencies

• Local businesses and wealthy individuals

What is the potential impact on LSU if tax deductions for donations are reduced?

• More government support

• Higher ticket prices

• Reduced funding for athletic programs

• Increased student fees

What role did LSU play in the tax reform related to donations?

• They proposed new tax laws

• They were indifferent to the changes

• They lobbied to maintain tax deductions

• They supported the removal of tax deductions