Texas A&M has shut down the controversial 12 Man+ Fund after reviewing directives from the IRS. The fund, which attempted to bring name, image and likeness (NIL) collective efforts in-house, put the 501(c)(3) status of the 12th Man Foundation at risk. Tap below to read the report by Shehan Jeyarajah of CBSSports.
Posted inFYI NCAA NCAA Baseball NCAA Football News NIL Pressed Reports
Texas A&M shuts down controversial 12th Man+ NIL Fund after IRS threatens foundation’s nonprofit status
