May 22, 2009
Tax Expert Offers Ideas for Monitoring Big Spending on College Sports
The federal government could take a cue from its regulation of charitable organizations and apply similar strategies to monitor the freewheeling fiscal habits of big-time college athletics, a leading tax lawyer said last week.
His comments came at a meeting of the Knight Commission on Intercollegiate Athletics here, where college presidents and other members gathered to discuss fiscal responsibility in college sports. Members listened intently to the ideas offered by John D. Colombo, a
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