Universities in the state competing at the highest level of athletics rely on donors as a major source of revenue.
Those providing the gifts -- sometimes die-hard fans, other times businesses -- often receive priority access to the best seats at football and basketball games.
But while those rewards can continue under the newly passed federal tax law, beginning next year the Internal Revenue Service will no longer allow donors to take an 80 percent tax deduction on gifts made for the right to purchase tickets or seating in collegiate sporting venues like Donald W. Reynolds Razorback Stadium in Fayetteville or Centennial Bank Stadium in Jonesboro.