Originally posted on BlackSportsOnline  |  Last updated 2/27/13
  When it rains it seems to pour, in the saga that is the 2013 off season for the disgraced Yankees infielder, Alex Rodriguez. Now Yahoo Sports is reporting the following from a Boston Globe review of IRS filings from more than 50 athletes,including Arod’s which gave far less than what was expected of them. Charities are expected to give between 65 to 75 percent of their revenues to charitable causes, but of the aforementioned athlete funded charities, they fell below that. In 2006 Arod and Jayz did a charity poker event together for the Arod Family Foundation which raised $403,862. But the IRS discovered just 1% went to charities, with $5,000 going to Jay-Z’s Shawn Carter Fund  and $90 going to a Miami Little League team. Even more damning was that the charity soon stopped submitting financial records to the IRS and had their tax-exempt status revoked. The chips keep stacking up against Arod in every way.
GET THE YARDBARKER APP:
Ios_download En_app_rgb_wo_45
MORE FROM YARDBARKER

Jon Beason retires after nine NFL seasons

Brewers Association sends Peyton Manning case of craft beer

Report: Police recommend charges against LeSean McCoy

Heat interested in Kings’ 3-point specialist Omri Casspi

Rick Pitino thinks Louisville should be fined $10 million for scandal

Browns LB Armonty Bryant indicted on felony drug charge

LIKE WHAT YOU SEE?
GET THE DAILY NEWSLETTER:

Report: Danny Ainge 'excited' at chance to add Al Horford

Pat Haden collapsed on USC campus

Colts on Andrew Luck contract: ‘It’s going to be a shocking number’

GW basketball coach kicked out of daughter’s HS game

A-Rod is (inadvertently) hurting the Yankees

Report: CM Punk to have back surgery, UFC debut delayed

Defensemen in high demand as NHL trade deadline looms

Thank you Daniel Bryan

The timeless greatness of Jaromir Jagr

Security guard indicted for assaulting University of Houston football fan

The LeBron-Kobe rivalry and Finals matchup that never was

Mario Williams recognizes Bills may release him

Terrell Owens says Cris Carter 'begged his way' into HOF

QUIZ: Name every WWE Heavyweight Champion

Three NHL players who can cement their legacies like Peyton Manning

Top 11 story lines for the 2016 NFL offseason

Vince Carter: I’ll know when, but I’m not ready to retire

Bill Polian: Peyton Manning could 'immediately' be successful GM

Villanova Wildcats: The quietest No. 1 team ever

MLB News
Delivered to your inbox
You'll also receive Yardbarker's daily Top 10, featuring the best sports stories from around the web. Customize your newsletter to get articles on your favorite sports and teams. And the best part? It's free!

By clicking "Sign Me Up", you have read and agreed to the Fox Sports Digital Privacy Policy and Terms of Use. You can opt out at any time. For more information, please see our Privacy Policy.
the YARDBARKER app
Get it now!
Ios_download En_app_rgb_wo_45

Thank you Daniel Bryan

The timeless greatness of Jaromir Jagr

The NCAAB power rankings

Report: Kings to keep coach George Karl

Was Alain Vigneault right about NHL's lack of punishment towards Wayne Simmonds?

Report: Knicks fire coach Derek Fisher

The best and worst commercials from Super Bowl 50

Best and worst from Super Bowl 50

Six best plays from Super Bowl 50

Eli doesn't look thrilled as Peyton wins Super Bowl

Today's Best Stuff
For Publishers
Company Info
Help
Follow Yardbarker