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college sportsABC News
•87% Informative
College athletes are allowed to profit from their successes through name, image and likeness deals.
NCAA allowed players to enter into sponsorship and endorsement deals in 2021 .
IRS says NIL deals serve the private interests of players, not the public good.
IRS has released three rulings denying tax-exempt status for specific, but unnamed, NIL collectives.
The Cohesion Foundation , which supports Ohio State athletes, said it stopped collecting new donations after the IRS memo.
The Crimson Collective is currently “inactive” but hasn’t taken down its website or publicly announced its closure.
The waters remain uncharted following a $2.8 billion settlement reached between the NCAA and the nation’s five biggest conferences.
VR Score
90
Informative language
89
Neutral language
76
Article tone
semi-formal
Language
English
Language complexity
56
Offensive language
not offensive
Hate speech
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Attention-grabbing headline
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Known propaganda techniques
not detected
Time-value
short-lived
External references
14
Source diversity
2
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