The Mike Scully Show Blog

🏈🏌🏥Attention Non-Profit Leaders ( Athletic Depts ,  Healthcare Systems ,  Private Country Clubs ,  Credit Unions ): Your highest-paid  W-2 executives  are leaving 45–50% of every incremental dollar on the table. Here’s why—and how Baycrest’s Endless Money Loop™ (EML) fixes it.   The Core Issue   • W-2s  lack write-offs—no deducting cars, travel, meals, etc.   • Top earners (>$500K–$1M+) get slammed at the highest  marginal rates    Why Location Makes It Worse    • Progressive federal tax + state tax and  local levies :      Philadelphia : ~ 4% city wage tax      San Francisco : ~1.5% city tax      Maryland counties : 2–3% local + state   • Combined rates can top 50%   Common Misconceptions & Limits   • “Dropping a bracket” only applies to that marginal dollar   • Your 4...

October 31, 2025 Fort Myers, FL   As the golf season in the midwest and northeast officially ends today, here's scenario for our GM's, Directors of Golf and Directors of Agronomy to think about for their partnership with their respective clubs.   🎯 Here’s how Baycrest Consultants helped one of their GM’s earning a $750K Salary and created a Win-Win for the Club and Himself 🎯 The private California club recently turned the punitive 46% tax bite on their high earners into a bonus for everyone—using what we call the “ Endless Money Loop ” plan: · Traditional Compensation Route : GM makes $750K → only 54% of the $250K over $500K is kept ($130K net).  · Endless Money Loop Approach : GM defers that $250K into a split-dollar life insurance policy funded by the club.  · No immediate income tax on the $250K  · After 90 days, the GM can access 60% of it tax-free ($150K)  · That’s +$20K net take-home pay—and zero extra cost to the club!  · Plus, instea...

Fort Myers, FL   October 30, 2025 Baycrest Consultants is changing the game for college athletics with its new “ Endless Money Loop ” strategy—turning coach pay from a cost into a long‐term asset.  🏈  What Is the Endless Money Loop?  · Coaches defer a portion of salary/bonus and it’s recharacterized as a “loan” from the school  · University uses those dollars to fund a split‐dollar life insurance policy on the coach  · Cash value grows tax‐deferred; death benefit is shared—and the school builds an on-balance-sheet asset  ⚖️ Win-Win Benefits  For Coaches:  · Slash taxable income in peak earning years  · Tap policy cash value tax-free after just 90 days for liquidity or retirement savings  For Athletic Departments:  · Convert deferred payroll into a retrievable asset (recoup investment in ~15 years or upon passing)  · Potentially boost net revenues and offset excise taxes on high-paid staff  · Strengthen recruiti...

October 28, 2025 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....

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...