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Thread: The NFL Is A Tax-Exempt Organization But One Senator Wants To Change That

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    Re: The NFL Is A Tax-Exempt Organization But One Senator Wants To Change That

    I for one am not particularly outraged over this. They're talking about the league organization, not the teams or players.

    A revenue loss of $91 million a year for all such leagues is a drop in the bucket.

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    Re: The NFL Is A Tax-Exempt Organization But One Senator Wants To Change That

    Quote Originally Posted by Helix View Post
    they're forced. both of our pro sports teams threatened to leave if new stadiums weren't built. the football team even gets a piece of every non-football event that is held in the stadium. meanwhile, they cut three hundred million from public schools at the same time.

    maintenance is paid for through food / beverage / car rental / hotel taxes for all of the surrounding counties. i rarely visit the capital unless i absolutely have to, and this is part of the reason.

    sports are fine, but i don't want to be forced to fund them.
    Thats not forced. THats negotiation.

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    Re: The NFL Is A Tax-Exempt Organization But One Senator Wants To Change That

    this is intended to mislead people that don't know how the league operates

    the individual teams profit, and are taxed.

    the NFL isn't a charity, but they aren't really "for profit" either. Profits largely get divided up and shared with the 32 teams.

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    Re: The NFL Is A Tax-Exempt Organization But One Senator Wants To Change That

    Quote Originally Posted by jonny5 View Post
    Its in the OP, and the stuff you posted. The NFL 501c6 is classified by the IRS.



    You can even see its financials showing it does not profit.

    Nonprofit Report for NATIONAL FOOTBALL LEAGUE
    How can NFL be ranked most profitable sports league and not profit. Tax League instead of taxes teams, and take them off that non profit listing.
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    Re: The NFL Is A Tax-Exempt Organization But One Senator Wants To Change That

    Quote Originally Posted by sbrettt View Post
    How can NFL be ranked most profitable sports league and not profit. Tax League instead of taxes teams, and take them off that non profit listing.
    If you tax the league instead of the teams, you will get no taxes, because the league does not profit, only the teams do.

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    Re: The NFL Is A Tax-Exempt Organization But One Senator Wants To Change That

    Quote Originally Posted by jonny5 View Post
    If you tax the league instead of the teams, you will get no taxes, because the league does not profit, only the teams do.
    You will get extra $91 million.
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    Re: The NFL Is A Tax-Exempt Organization But One Senator Wants To Change That

    Sports teams are the new religions. We need sports-state separation, including an end to their non-profit status and an end to give-aways by local governments.

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    Re: The NFL Is A Tax-Exempt Organization But One Senator Wants To Change That

    Quote Originally Posted by sbrettt View Post
    You will get extra $91 million.
    No, you would get zero, because the NFL would write off its income and losses.

    Edit: but I understand that your goal is simply to collect tax from everything nfl. agree to disagree. So long as you understand that the 501c6 NFL is legally a non profit in that it meets the definition set by the IRS.
    Last edited by jonny5; 04-29-13 at 03:35 PM.

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    Re: The NFL Is A Tax-Exempt Organization But One Senator Wants To Change That

    Quote Originally Posted by Hard Truth View Post
    Sports teams are the new religions. We need sports-state separation, including an end to their non-profit status and an end to give-aways by local governments.
    Sports teams are not non profits. Why is this so hard for you all to understand?

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    Re: The NFL Is A Tax-Exempt Organization But One Senator Wants To Change That

    Quote Originally Posted by tererun View Post
    The NFL Is A Tax-Exempt Organization -- But One Senator Wants To Change That | ThinkProgress



    Wow, the things you learn. One of the biggest most profitable sports businesses out there is tax exempt. They are considered a charity. What I am amazed about is that few people seem to actually care that we have missed out on billions of dollars of tax revenue from professional sports businesses posing as NFPs. What charity is this? the help the steroid addicted rage machines to have billions of dollars charity? Oh, and before anyone blames Obama for this, it seems to have been around since 1966. This is not a church, or an organization that is going to be destroyed by a little taxation. These professional sports organizations have not only been skirting their tax responsibilities, but also taking advantage of taxpayer payouts, forcing cable and satellite companies to charge every one of their customers for sports networks they may never watch, and occasionally causing riots in our streets and certainly a fair share of bar fights every week.

    How is it that no one in our government up until now has thought to tax these professional sports leagues? These are not amateur or rec leagues that help provide activities for a community, these are pro sports with pure business motives. We need tax revenue, and they get huge benefits from being in america where many of these sports are insanely popular. This should be a no brainer for an amendment, so who out here agrees with me that this amendment to the tax code will get shot down by both sides?
    The NFL is a non-profit. The individual teams are for profit businesses and pay taxes. On the surface I'm okay with that. I'm not sure what the financial details are but my educated guess is the NFL really doesn't bring in any significant money. They don't sell tickets, merchandise, broadcast rights, etc. That's all individual team business or if the NFL does, its only on behalf of the teams who get all the money. The NFL only hires referees, sets the schedules, officiates over the draft, establishes rules, fines and violators, negotiates with the players union and TV networks, operates the NFL Hall of Fame and manages the players/coaches/other team and league employee retirement fund. Again, just an educated guess. Its the teams that have all the money, not the association they belong to. I'm sure they have an operating budget as they have employees to pay like the commissioner, the refs, lawyers, support staff, etc. but I'd bet its nothing compared to what the teams make.
    Last edited by Smeagol; 04-29-13 at 04:06 PM.
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