Not sure if the RCAF can contribute as it is a non-profit 503C corporation where contributions to it are tax deductible whereas contributions to a NIL aren't. Not sure if NIL donations from a 503C can be considered an legitimate expense. Any tax experts out there?
The question would be whether the use of RCAF for NIL would jeopardize their 501(c) 3 status?
If RCAF does not have that limitation, then we may have a mechanism for the NIL donations to RCAF by fans to indirectly be tax deductible . . .
Recently read where the Ohio St athletic director stated they will be needing to reduce funding in several sports then reallocate those savings into certain sports' players to ensure they compete at the highest levels. This from a university with one of the highest athletic department budgets in the country. The athletic department leaders must decide in order to fully fund women's softball at higher levels, what other women's sports funding is decreased? Same question goes for men's sports. Painful but necessary. Some things gotta give.
Take money away from big fish and broadhead. They won’t compete even if they had it
I could be mistaken, however under recent NCAA rules changes, haven’t they made it so now Louisiana’s participation in NIL is no longer prohibited?
If that is the case, it can be handled through RCAF
Like Runner, I’m paying to get my youngest son through PT school with no loans and a fresh start when he gets out. 3 years $150,000 for just tuition and apartment. That is a chunk on one trying to wind down his work life.
Really? Yikes, where is this PT school? Do you mean physical therapy? Seems law or mba would be more cost effective