Headline: NFL ends tax exempt status after 73 years: 3 things to know
The league office and Management Council will file returns as taxable entities for the first time since 1942.
As far as I'm concerned, I hope they are out of business in two or three years. Team I used to watch, the knelling-hawks, somebody might want to tell them that hawks are a bird of prey, and they DON'T KNELL!!!!
The source is accurate. The NFL office itself, which is very small potatoes, got tax exempt status at one time.
They rescinded it a few years ago. The individual franchises are individual companies so they are exposed to taxation and always have been.