Tuesday, May 26

Bowl Games are Run by Liars?

Dan Wetzel's a hawk and this time Alamo Executive Director Derrick Fox is in the crosshairs. Fox told Congress that nearly all bowls are put on by charitable groups, but as Yahoo! reports:

In fact, 10 bowl games are privately owned and one is run by a branch of a local government. The remaining 23 games enjoy tax-exempt status from the Internal Revenue Service, but combined to give just $3.2 million to local charities on $186.3 million in revenue according to their most recent federal tax records and interviews with individual bowl executives.
Dr. Saturday weighs in with some additional links.

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