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Jalen Rose
https://mail.chicagofanatics.com/viewtopic.php?f=100&t=71564		 Page 1 of 1
Author:  Mini Ditka [ Thu Jul 12, 2012 9:43 pm ]
Post subject:  Jalen Rose
For bringing to my attention that the NCAA is a 501c3 organization that pays no taxes.
Author:  Jbi11s [ Thu Jul 12, 2012 9:45 pm ]
Post subject:  Re: Jalen Rose
This is a serious question...

Do you have CTE?
Author:  Mini Ditka [ Thu Jul 12, 2012 9:48 pm ]
Post subject:  Re: Jalen Rose
He made the point that Michigan had to vacate its wins because of Chris Webber, but that it's entirely possible nothing will happen to Penn State.
Author:  Jbi11s [ Thu Jul 12, 2012 9:49 pm ]
Post subject:  Re: Jalen Rose
Mini Ditka wrote:
He made the point that Michigan had to vacate its wins because of Chris Webber, but that it's entirely possible nothing will happen to Penn State.

But this can't be your first post?
Author:  Mini Ditka [ Thu Jul 12, 2012 9:52 pm ]
Post subject:  Re: Jalen Rose
Jbi11s wrote:
Mini Ditka wrote:
He made the point that Michigan had to vacate its wins because of Chris Webber, but that it's entirely possible nothing will happen to Penn State.

But this can't be your first post?


It didn't fully occur to me that the NCAA pays no taxes, but makes tons of money on "amateur" athletics and pays no athletes.
Author:  FavreFan [ Thu Jul 12, 2012 10:00 pm ]
Post subject:  Re: Jalen Rose
Rick isn't gonna like this...

I think the NCAA is non-profit( :lol: ) so they are exempt from taxes.
Author:  JORR [ Thu Jul 12, 2012 10:01 pm ]
Post subject:  Re: Jalen Rose
Mini Ditka wrote:
Jbi11s wrote:
Mini Ditka wrote:
He made the point that Michigan had to vacate its wins because of Chris Webber, but that it's entirely possible nothing will happen to Penn State.

But this can't be your first post?


It didn't fully occur to me that the NCAA pays no taxes, but makes tons of money on "amateur" athletics and pays no athletes.


You could say the same thing about Kars for Kids.
Author:  Mini Ditka [ Thu Jul 12, 2012 11:07 pm ]
Post subject:  Re: Jalen Rose
Joe Orr Road Rod wrote:
Mini Ditka wrote:
Jbi11s wrote:
Mini Ditka wrote:
He made the point that Michigan had to vacate its wins because of Chris Webber, but that it's entirely possible nothing will happen to Penn State.

But this can't be your first post?


It didn't fully occur to me that the NCAA pays no taxes, but makes tons of money on "amateur" athletics and pays no athletes.


You could say the same thing about Kars for Kids.


Thankfully, Kars for Kids does not have a gravy TV deal like the NCAA because if they did I wouldn't be able to go anywhere and not hear that stupid commercial.
Author:  Jbi11s [ Thu Jul 12, 2012 11:22 pm ]
Post subject:  Re: Jalen Rose
Wait. How the fuck did you get four quotes in that comment?

The fuck is going on?

I think this guy is a magic type of fellow.
Author:  Jbi11s [ Thu Jul 12, 2012 11:23 pm ]
Post subject:  Re: Jalen Rose
4 quotes!

Seriously.
Author:  Terry's Peeps [ Thu Jul 12, 2012 11:29 pm ]
Post subject:  Re: Jalen Rose
Board upgrade!

Yes!
Author:  FavreFan [ Thu Jul 12, 2012 11:31 pm ]
Post subject:  Re: Jalen Rose
It's been like that all week. Hopefully this means more MITC.
Author:  Brick [ Fri Jul 13, 2012 6:45 am ]
Post subject:  Re: Jalen Rose
Yeah, the NCAA pays no taxes on the profits they never have or would never have!

In other news, companies that don't make any money don't pay taxes too!

The NCAA is just a group of individual schools. It's not much different than the American Medical Association or the Lions Club.

Also, an incredibly large portion of NCAA payouts go to schools that really need it and not the big boys. So yeah, Jalen Rose helped pay for new volleyball uniforms at Illinois Wesleyen.
Author:  Jbi11s [ Sat Jul 14, 2012 8:09 pm ]
Post subject:  Re: Jalen Rose
Boilermaker Rick wrote:
Also, an incredibly large portion of NCAA payouts go to schools that really need it and not the big boys. So yeah, Jalen Rose helped pay for new volleyball uniforms at Illinois Wesleyen.

No not in football.
http://www.google.com/m?client=ms-android-verizon&source=android-home
And I don't think the majority of schools that really need it get the bigger share of the revenue distribution in ncaa hoops either.
http://businessofcollegesports.com/2012/03/02/how-much-money-do-conferences-earn-from-march-madness/
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