College Football Playoff Backer Files IRS Complaint
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Playoff PAC, a political action committee opposing college football’s Bowl Championship Series, filed a complaint with the Internal Revenue Service, alleging the Fiesta, Orange and Sugar Bowls are violating their tax-exempt status.
The PAC claims the bowls provide excessive compensation to executives, spend an undisclosed amount on lobbying, intervene in political campaigns and provide substantial private benefits to organizational insiders.