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NFL tax exempt?

Posted: Sep 22, 2014

If you have a huge stadium on Sundays with a lot of people praying, should you be a tax-exempt organization? Apparently it is true for the NFL with their millions of profits every year.

I certainly do not think some of these players should keep their celebrity status as role models for kids while exhibiting such poor personal conduct, but it is crazy that taxpayers have to keep footing the bill so these millionaires can keep raking in their millions.

;

As much as I'd like to be excitable about this - Just sounds like a big deal

[ In Reply To ..]
that it isn't.

Every dollar of income that is earned in the National Football League — from game tickets, television rights fees, jersey sales and national sponsorships — is subject to tax. None of this income is shielded in a tax-exempt entity. Instead, the NFL's 32 clubs pay tax on all of these revenues.

Claims that the NFL is using a tax exemption to avoid paying the tax due on these revenues are simply misinformed. The confusion arises from the fact that there is one small part of the NFL, unrelated to all this business activity, that is tax-exempt: the NFL League Office. The league office is the administrative and organizational arm of the NFL and does things like write the rules of the game, hire referees, run the college draft, negotiate the collective bargaining agreement with the players, conduct player safety research, and run youth football programs.

The league office acts as a trade association for the NFL clubs. In the same way that other trade associations support companies in other lines of business, it establishes rules and standard practices for its members, develops programs to help them run their operations more efficiently and profitably, and promotes the business in the broader community. Trade associations are nonprofit organizations. They don;t engage in any business activity. As a result, they are exempt from being taxed under section 501(c)(6) of the federal tax code. (Charities are exempt under section 501(c)(3); the NFL League Office has never claimed to be a charity.)

Because the league office does not receive income from game tickets, television contracts and the like, its tax exemption does not apply to any of the profits earned in the NFL overall. All the money-making activity is conducted by the for-profit, taxable teams.

Read more at http://www.snopes.com/politics/taxes/nflexempt.asp#q4gFL6YFKKhCLPKq.99

Stadiums and salaries - poor owners

[ In Reply To ..]
I really resent having to pay taxes to subsidize sports stadiums that are located over a hundred miles from where I live and that I never go to. They say Roger G., the head NFL guy makes $40 million. I notice that there was a huge highway project around the stadium, yet our roads are unsafe bumpy, slanty, pot-hole filled tracks.

Sick of it.

Good investment --even if it is senseless - sm

[ In Reply To ..]

The stadium probably brings in an incredible amount of revenue to the city, state, and the economy in general.

Around here, I have the state road repair office and city road repair office programmed in my phone. I call with the pothole report and get a fair response...but maybe I'm lucky.

Be that as it may - sm

[ In Reply To ..]
If Major League Baseball and the National Basketball Association can pay taxes with a similar team setup, then it's high time the National Football League started paying also. It is estimated that the taxes would amount to $10 million a year, a small amount considering the size of the US government, but $10 million is not nothing.

There is bipartisan legislation in the House and Senate to revoke the tax exempt status.

Hey Congress: Just do it!

The NFL is disgusting... all about money. The - players are a bunch of obscenely - sm

[ In Reply To ..]
overpaid thugs. Their money buys them what's close to a free pass to do just about anything they want, and get away with it with a "Tsk-tsk" and a slap on the wrist. (OJ Simpson, for example). Far too many of them assault, shoot, rape, kill, fight dogs, abuse spouses and children, drive drunk - the list is almost endless. And yet after a few-days suspension, they're back out on the field again.

I live in San Francisco. The spoiled, overpaid 49ers didn't like their "old" (but perfectly good!) stadium at Candlestick, and were built a brand-spanking-new stadium in San Jose. That of course gave the go-ahead to raise ticket prices to the highest in the country. Now a family of four has to fork out $643 to see a game. Who even has that kind of money? Oh wait... I forgot... it's the Silicon Valley, where everyone is a billionaire.

NFL has really changed over the years - Ex-wife of a NFL player

[ In Reply To ..]
I will say that the NFL today is much, much different than it was 25-30 years ago. Very few players were paid the millions of dollars you see players paid today. (My then husband earned about 80k as an offensive lineman.) Additionally, the players were held to a much higher standard of moral conduct on and off the field. (My husband was once $500 for "farting" in one of Coach Tom Landry's meetings.)

In the late 70's early 80's Coach Landry and the Cowboys organization demanded players have personal and moral character to match their athletic talents. My husband had a morality clause in his contract, as did all the players, and the team didn't hesitate to enforce it.

Was he one of the "Four Irishmen and a Scott?" - sm

[ In Reply To ..]
Those guys were such a dominant O-line!

Back in those days, there were maybe 5 or 6 guys getting big money while the rest made pennies in comparison.

I know the players and families had to pay your share of taxes, and now that the NFL is raking it in compared to those earlier days, I think the NFL should pay taxes.

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