NFL has relinquishes its tax-exempt status

General discussions of other teams from around the league and general NFL events.

Moderator: Moderators

Post Reply
User avatar
dead_poet
Commissioner
Posts: 24451
Joined: Mon Dec 31, 2007 2:30 pm
Location: Des Moines, Iowa

NFL has relinquishes its tax-exempt status

Post by dead_poet » Tue Apr 28, 2015 12:50 pm

Commissioner Roger Goodell labeled the designation a "distraction." The NFL has repeatedly come under fire for its tax-exempt status as it racks up billions in revenues. As Profootballtalk points, the league's 32 teams are all taxable, for-profit businesses, however, so it's not as if the NFL has been dodging taxes. The move means Goodell's salary will no longer be public record.
http://profootballtalk.nbcsports.com/20 ... pt-status/
“Some people think football is a matter of life and death. I assure you, it's much more serious than that.” --- Bill Shankly

User avatar
jackal
Strong Safety
Posts: 11575
Joined: Tue Jan 10, 2006 2:05 am
Location: California

Re: NFL has relinquishes its tax-exempt status

Post by jackal » Tue Apr 28, 2015 3:16 pm

Why did they have the tax status to begin with ?
no one expects the Spanish Inquisition!

User avatar
HornedMessiah
Hall of Fame Candidate
Posts: 3382
Joined: Sun Dec 31, 2006 6:32 pm
Location: nodakoda

Re: NFL has relinquishes its tax-exempt status

Post by HornedMessiah » Tue Apr 28, 2015 7:28 pm

jackal wrote:Why did they have the tax status to begin with ?
Not 100% sure on the details but I think all the major sports leagues received this status many decades ago to help them last and eventually grow. MLB wisely dumped their tax exemption a while ago but the NFL has come under fire in the past few years for still retaining the status. Not sure if the NBA and NHL still have it.

Post Reply