Why? Depreciation. Just like NFL teams, the university/AD can depreciate players’ salaries.
In effect, with all the transfers out, if we take all the depreciation on the front end, we will have a substantial offset to income tax.EBITDA?? One sec, lemme plug in this number real quick.
greenberglawoffice.com
In effect, with all the transfers out, if we take all the depreciation on the front end, we will have a substantial offset to income tax.EBITDA?? One sec, lemme plug in this number real quick.
Roster Depreciation Allowance - The ability to amortize sports franchise
Ability to amortize is a tax benefit to owning a professional franchise. High income individuals & companies tax shelter aspects of the business. Sport$Biz
