Sports Law Blog
All things legal relating
to the sports world...
Sunday, January 02, 2011
 
Sugar is Sweet

A few facts to follow up on the post by Michael on the suspension of five Ohio State Football players. Thankfully, the Coach did allow the players to participate in the Sugar Bowl on the condition that the juniors agreed to return to the school for their senior year rather than throw their hats in the NFL lottery ring. How charitable.

That Coach Jim Tressel recently had his contract extended for two years so he can continue to earn $3.5 million annually from The Ohio State University, a tax-exempt state university and recipient of millions of dollars in state and federal funds.

Speaking of tax exempt status, I am glad to report that the Sugar Bowl Foundation is a 501(c)(3) organization, making your contributions tax deductible. The CEO of the foundation, Paul Hoolahan, receives annual compensation of $645,386 for his fine work.

For playing in this great game, Ohio State receives about 17 million dollars.

Now you know why the NCAA was so upset about these kids besmirching such charitable endeavors by accepting those free tattoos.





3 Comments:

At least one of the facts you assert is incorrect: Ohio State will not "receive" $17 million for participating in the Sugar Bowl. After OSU's expenses are deducted, the remaining sum is split equally among the Big Ten Conference's member schools. Yes, "Sugar is Sweet," but not quite as sweet as you assert, although the larger point you make is easy to understand.

Anonymous Matt Mitten -- 1/04/2011 12:12 AM  


The NCAA is all about money. That is why i have created Future Collegiate Athletes with Disabilities. It is a resource website to help future college athletes get the resources and help they need to succeed in college and to leave with a degree. please check out www.futurecollegiateathleteswithdisabilities.com

Blogger Future Collegiate Athletes with Disabilities -- 1/09/2011 2:45 PM  


Cant consider their management, but when it comes to results, they do a very good job there!

Anonymous sport nutrion shop -- 1/12/2011 11:48 AM  


Post a Comment