Maybe the IRS actually knows what it is doing. With any luck, they can look at the overwhelming number of athletic departments that are not earning a profit and realize that removing the NCAA’s tax-exempt status would only have a nominal return. Perhaps the IRS realizes that the nominal return that such a tax would generate would have such a sweeping effect on collegiate athletics that it may actually hurt schools more than it would help. Whether they realize this or do not want to overturn a long-lived precedent, the IRS has not fumbled its duty concerning the tax-exempt status of the NCAA. At this point, there is no reason to disrupt the current tax-exempt status of the NCAA, and there is no evidence that points to a change being necessary in the near future.