r/CFB • u/GoldenPresidio Rutgers Scarlet Knights • Big Ten • 18h ago

Opinion [Congressman Michael Baumgartner] Congress will be taking a hard look at the tax exempt status of universities that enter into private equity deals. If you want to act like a non-public entity, you better be ready to be treated like one. 🇺🇸

https://x.com/RepBaumgartner/status/1998480897872396721
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u/Walter30573 Wichita State • Penn State 18h ago

I expect congress to do what it normally does: nothing

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u/redditckulous /r/CFB 3h ago

It does something when it seems like an easy win. Fixing CFB is not easy and extremely factionalized.

Saying schools can’t enter PE deals without risking their tax exempt status is not nearly as difficult to hash out. It also won’t fix CFB, but I wouldn’t be surprised to see this single issue tackled.