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NFT: I can't separate the awfulness of the NCAA from college FB

Ten Ton Hammer : 10/27/2014 12:52 pm
According to a report from AL.com, Nick Saban sold his Tuscaloosa home to a Bama booster club, and still lives there while the boosters pay the property taxes.

The sale was closed in March of 2013, two months after Alabama won its third national championship under Saban. The Crimson Tide Foundation, a nonprofit fundraising group for Alabama athletics, paid $3.1 million for the house, compared to the $2.9 million the Sabans bought it for six years earlier.

Allowing boosters to pay for a coach's housing is totally and specifically allowed under NCAA rules. (Allowing boosters to buy a player a hamburger is a violation.) Maybe laying out $3.1 million for a house for a coach who makes more than twice that annually isn't the best look—

http://deadspin.com/alabama-boosters-are-paying-for-nick-sabans-house-1651260528
the NCAA  
Peter from CT : 10/27/2014 1:34 pm : link
is just fundamentally corrupt. Student athletes are just fodder.
Congress needs to get involved  
MetsAreBack : 10/27/2014 4:49 pm : link

I'd like to better understand this "non-profit" organization and what tax breaks they receive. They should be stripped away immediately.

Secondly, we need to stop pretending that these are institutions of "higher learning" -- they charge students an overpriced fortune for a degree that will not land them a job for a forseeable future that makes them annually what they paid to attend said university.

To me let's start things very simply - if a college/university pays a coach over $1 million per season all in (includes comp, perks, gifts from boosters, etc)... that institution needs to lose all tax-payer assistance. Be it grants, tax exempt status, etc. I'm tired as a tax payer of helping to pay for this.
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