The Mike Scully Show Blog

Fort Myers, FL   October 22, 2025 Mike Scully - Managing Director  Converting Coaching Compensation into Long-Term Assets   A White Paper on the Endless Money Loop Deferred-Compensation Solution for University Athletic Departments   Executive Summary   University Athletic Departments nationwide face escalating costs for coaching salaries , bonuses , and retention incentives . Traditional compensation models strain annual operating budgets and can trigger costly excise taxes under the “ 75% rule ” for top earners. The Endless Money Loop program, developed by Baycrest Consultants , offers an innovative remedy: convert a portion of a coach’s compensation expense into a loan-financed life insurance asset . Coaches reduce current taxable income and gain tax-efficient access to cash value, while athletic departments transform deferred pay into a long-term balance-sheet asset, recover principal after 15 years (or at the coach’s passing), enhance net...

Fort Myers, FL   October 21, 2025 Mike Scully provides a Baycrest Consultants case study on one of their GM's in California.   Golf Execs are you still letting Uncle Sam grab nearly half your bonus? 🤔 Our quick case study of one of our California Club GMs with a $750K salary: • Exec pays 46% tax on every dollar over $500K   • Keeps just $130K of a $250K bonus   • By deferring that $250K into a the “Endless Money Loop” corporate-owned life insurance plan , they:   1. Owe $0 in income tax on the deferral   2. Can Access up to 60% ($150K) tax-free after 90 days   3. Pocket an extra $20K take-home pay—at no extra cost to the club   4. They can build tax-free income from age 65 -85 • The club, instead of a pure bonus expense, builds a $1.25M long-term asset recoverable in 15 years (or upon the GM’s passing) Transform punitive taxation into a win–win for you and your employer. For a free consulta...

Fort Myers, FL   Mike Scully - Managing Director illustrates the Endless Money Loops impact on Dr. Quinn .   Happy Healthcare Friday: Tired of seeing half your paycheck vanish in taxes? 💸 Meet our favorite orthopedic surgeon Dr. Quinn.  Earning a $1.2 M salary and paying 50% in taxes every year she defers $400K of her pay into a corporate-owned life insurance policy (Endless Money Loop), she sees the following:   • Saves $200K in taxes up front   • Gets access to $240K (60% of her premium) tax-free after 90 days   • Turns her $600K net income into $640K—basically a $40K raise with zero extra cost to her employer   • Helps her health system replace a $400K expense with a $400K long-term asset • 5-year commitment will return $2M tax-free back to the healthcare system in 15 years It’s a true win–win: Dr. Quinn boosts her take-home pay, and the hospital builds future wealth.  #PhysicianFinance #TaxStrategy #Defer...

Fort Myers, FL   October 14, 2025 Mike Scully breaks down how Baycrest Consultants Endless Money Loop changed the game for one of their California  Club's.   How our Endless Money Loop Turned Punitive Taxes into a Win–Win: How a California Country Club and Its GM Gained $20K in Take-Home Pay Without Increasing Club Payroll Expenses California is such a beautiful state, but it’s tax burden can feel like a giant vise on high earners and their employers. Take the case of one of our private country club General Managers that earns an annual $750,000 salary. Under state and federal rates, any compensation over $500,000 is taxed at roughly 46%. That means the GM’s extra $250,000 translates into just $130,000 of net pay after surrendering 54% to Uncle Sam. Instead of accepting that outcome, the club and its GM turned to us and our proprietary deferred-compensation strategy known as the Endless Money Loop. After placing the GM in the plan, he walked away with $150,000 o...

Fort Myers, FL   Coach Buyout Scenario in the Endless Money Loop for Power 4 Coach Mike Scully breaks down an illustrative outline of how a Power 4 school could deploy on a coaches $40.5 million buyout through the “Endless Money Loop” instead of an immediate cash‐out expense.  1. Structure the Buyout as a Loan in the Endless Money Loop · Rather than writing a $40.5 million check within 60 days, the university and coach agree in writing to treat the entire buyout into the Endless Money Loop as a “loan” from university to the coach.  · This deferral converts what would be a P&L expense into a balance-sheet receivable asset.  2. Purchase a Split-Dollar Life Insurance Policy   · University immediately contributes the $40.5 million loan proceeds as premiums into a corporate‐owned, participating whole‐life policy on Coaches life.  · Under a split-dollar agreement, the university retains rights to premium recovery and a share of the death benefit; the coach...

Fort Myers, FL Baycrest Consultants Program Lets Colleges Turn Coach Salaries into Long-Term Assets   By Mike Scully – Managing Director at Baycrest Consultants Faced with ever rising coaching salaries and tightening athletic budgets, university sports departments are exploring new ways to manage compensation costs without sacrificing their competitive edge. Baycrest Consultants, a Fort Myers-based consultant firm, have unveiled the Endless Money Loop , a proprietary strategy designed to convert deferred portions of coach pay into growth assets for the athletic department. “If you think of coach compensation purely as an expense, you’re missing an opportunity,” says Mike Scully, Managing Director with Baycrest. “The Endless Money Loop allows an employee to recharacterize a portion of their salary or bonus into a loan.  Because it is a loan and the loan eventually gets repaid, the athletic department has turned an expense into a future asset.   How It Works...

  Atlanta, GA   Mike Scully - Managing Director tells the story of a great Head Professional from New Jersey ! Golf Course Employee Life Changed by the Endless Money Loop Jessica had been the head golf pro at a Private Club in New Jersey for eight years. She loved teaching juniors on the range and organizing Club tournaments, but lately, she’d grown weary of her paycheck. Her salary looked fine on paper. But by the time New Jersey’s income taxes and federal taxes took their share, Jessica often felt like she was working harder each year just to tread water. When the club introduced The Endless Money Loop , Jessica was skeptical. Life insurance? Compensation restructuring ? It all sounded too complicated. But when she sat down with the Baycrest Consultants , the story started to click. Instead of just receiving every dollar of her pay as taxable W-2 income , a portion of Jessica’s compensation would be routed into the EML structure. That money would fund a permanent life insu...

  Atlanta, GA   Mike Scully - Managing Director at Baycrest Consultants shares their plan to help Universities dealing with their Coach's Buyouts!   Coach Buyout Scenario in the Endless Money Loop for Power 4 Coach Here’s an illustrative outline of how a Power 4 school could deploy on a coaches $40.5 million buyout through the “Endless Money Loop” instead of an immediate cash‐out expense.   1. Structure the Buyout as a Loan in the Endless Money Loop • Rather than writing a $40.5 million check within 60 days, the university and coach agree in writing to treat the entire buyout into the Endless Money Loop as a “loan” from university to the coach.   • This deferral converts what would be a P&L expense into a balance-sheet receivable asset .   2. Purchase a Split-Dollar Life Insurance Policy    • University immediately contributes the $40.5 million loan proceeds as premiums into a corporate‐owned, participating whole‐...

Atlanta, GA Mike Scully - Managing Director at Baycrest Consultants shares some insightful information for Healthcare Systems .   Struggling with rising physician and executive compensation costs?  Our EML's deferred compensation-loan strategy turns a portion of pay into a balance-sheet asset - while delivering immediate tax and cash-flow benefits for uour team.   Defer part of salary/bonus as a loan, invested into an employee-owned life policy .   Employee avoids current income tax & can tap tax-free cash value after 90 days Employer recoups 100% of invested funds after 15 years (or upon employee's passing)  Boosts take-home pay, may lower student-loan payments, and enhances retirement savings Converts payroll expense into a long-term asset . cuts excise taxes, and strengthens recruitment & retention Discover how the Endless Money Loop creates a true win-win in healthcare finance.  #EndlessMoneyLoop #HealthcareFinance #Executive...

 

Atlanta, GA  Mike Scully - Managing Director talks Coaches Compensation! 

October 1, 2025  Atlanta, GA Mike Scully - Managing Director discusses Healthcare Wednesday! It’s Healthcare Wednesday—and we’ve got a game-changer for top Docs and Health System Executives alike! 👩‍⚕️👨‍⚕️💼 Instead of issuing 100% of compensation as salary (fully taxed at payday), our Endless Money Loop lets your organization defer a portion as a non-taxable “loan” that’s invested into an employer-owned life insurance policy on the physician. Here’s why everyone wins: For the Physician/Executive: · Defer part of income without immediate income-tax hit · Access tax-free cash value after 90 days (or let it grow for retirement) · Lower taxable income - higher take-home pay - potential relief on student loans For the Health System/Employer: · Turns deferred payroll expense into a long-term asset · Recovers 100% of funds after 15 years (or upon the employee’s passing) · Reduces or eliminates excise taxes, boosts net income · Strengthens rec...