The Latest Breaking News from Jason Belzer

IRS Says Nonprofit NIL Collectives Giving Tax Deductions Could Be Illegal

The office of the IRS Chief Counsel released a memo Friday saying donations made to nonprofit NIL collectives “are not tax exempt”.

Sports Illustrated · Jun 10, 2023

Inside the NIL Battle That Is Splintering the SEC: ‘We’re All Money Laundering’

Within the 11-state footprint of the country’s most dominant league, some schools have worked with state lawmakers to rewrite statutes to give them an advantage over neighboring programs.

Sports Illustrated · May 30, 2023

NIL, ‘Booster Banks’ and Recruiting Wars: For Some, It Doesn’t Add Up

Less than a year into the NIL Era, officials say the college sports landscape is dramatically shifting back into the booster-driven world that plagued it decades ago.

Sports Illustrated · May 2, 2022