The September 23, 2010, Playoff PAC press release:
“Playoff PAC, the principal opposition group to college football’s Bowl Championship Series (“BCS”), today filed a 27-page legal complaint (and executive summary) with the Internal Revenue Service against bowl organizations affiliated with the BCS. The complaint and executive summary list significant tax irregularities discovered through a methodical review of over 2,300 pages of tax records and public documents.
The complaint was submitted to the IRS on Playoff PAC’s behalf by Marcus S. Owens, former head of the IRS’s Exempt Organizations Division, and Joseph M. Birkenstock, former Chief Counsel of the Democratic National Committee. Both attorneys are Members of Washington, D.C. law firm Caplin & Drysdale.
Playoff PAC co-founder Chad Pehrson said: ‘BCS Bowls all claim to be ‘501(c)(3)’ public charities—the same tax designation as the American Red Cross—to make their revenues tax-exempt and obtain other taxpayer-funded benefits. Playoff PAC’s review uncovered a disturbing pattern of BCS Bowl organizations using their charitable funds to enrich Bowl executives, pay registered lobbyists without disclosure, fund political campaigns, and heap frivolous benefits on Bowl insiders. The BCS Bowls’ activities raise important concerns under federal tax laws and we anticipate that the IRS will give these issues due attention’.”
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