@notrichenough:
As long as they are willing to do that with other non profits, I would agree…like how about the 20 some odd millions of dollars a year schools in big college football divisions get in tv revenue? Why should Penn State get 80 million dollars a year from all their revenue pool, why should Alabama get close to 100 million dollars, and no pay taxes on it? Why should college coaches be making 6 million dollars a year from a non profit institution, why isn’t that money going towards scholarships? It isn’t that I am necessarily a fan of Harvard or Elitism, but why should the big sports schools be allowed to make that kind of money and not pay taxes on it? Where do you draw the line? Take it from me, I am not necessarily a fan of elitism or the mystique of the Ivy League and what they do, but is college football or basketball any different because ‘ordinary people’ love college football? ESPN signed a deal with the SEC that is worth a couple of billions of dollars, how is that allowed to be tax free?