Just saw that IRS sent a letter to Texas A&M about its 12 Man+ plus collective. A&M had structured their collective to include donor benefits for their NIL Collective. They dared the NCAA to act and Texas legislature created a law prohibiting NCAA from enforcement against Texas schools.
The IRS might just be a bigger dog.
IRS Letter to A&M on NIL Collective
The IRS might just be a bigger dog.
IRS Letter to A&M on NIL Collective