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New tax law has its winners, for sure; college athletics just isn't among them

Dirk Katstra, who has headed Virginia's athletic fundraising foundation for 20 years, acknowledges that no one is quite sure how much the new tax reform bill will hurt college athletic programs.

Whenever there's an overhaul of our tax system, there are winners and losers, and major corporations appear to among the winners of the latest reform law.

American Airlines, Walmart, Apple and many others have announced expansions or pay raises for employees, and many CEOs are praising the recent changes.

But college and university athletic directors aren't among those cheering. They're are among the biggest losers.