With the NCAA tournament tipping off today I’ve written to the presidents of asking if their basketball 🏀 coaches’ massive salaries abuse the tax-exempt status their schools enjoy.
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So far our probe into college coaching contracts has focused on football 🏈. Today we expand into basketball 🏀.
I want to know if the huge money these coaches are making violates tax law. Here’s our letter about Coach K’s $7,000,000 salary.
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This NCAA tournament we will watch dozens of outstanding 🏀 athletes playing on the highest stage and being paid bupkis.
Meanwhile schools enjoying tax exemptions give outrageous contracts to their coaches. So I want answers from today.
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