How Collectives Are Changing College Sports
We speak with NY Times reporter David Fahrenthold, who looked into how various donor collectives operate across the country and what the NCAA and IRS are doing to crack down on them.
November 15, 2023
55 min
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2,070 of 3,393
November 15, 2023
How Collectives Are Changing College Sports
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How Collectives Are Changing College Sports
Summary
Since the NCAA’s decision to allow student athletes to participate in name, image and likeness deals, wealthy alumni across the country have been starting donor collectives to attract players. Many of these collectives were founded as non-profit organizations, allowing donors to claim tax write-offs, while the money gets passed on to the players. But recently, the IRS has called into question the collectives’ legality. We speak with NY Times reporter David Fahrenthold, who looked into how various collectives operate across the country and what the NCAA and IRS are doing to crack down on them.
Guests:
David Fahrenthold, investigative reporter, New York Times. Fahrenthold is a Pulitzer Prize-winning reporter that focuses on non-profits. His most recent New York Times piece with Billy Witz is titled "How Rich Donors and Loose Rules Are Transforming College Sports"
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