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To: Macho MAGA Man
It's clear that Adam Silver is not interested in making a profit with the WNBA, he's using it as a tax write-off.

However, the WNBA is supposed to lose $50 million this year due to charter flights (previously they flew commerical).

8 posted on 06/15/2024 11:30:12 AM PDT by MinorityRepublican
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To: MinorityRepublican

A tax write off is still a loss. It is only a smaller loss by offsetting income that is taxed. Businesses do not intentionally seek tax write offs since it is better to have profits than losses. If Silver’sbusiness’s tax rate is 30% then his write-off saves 30% on income taxes. The other 70% is a pure loss.

I doubt he owns this league for the write off.


104 posted on 06/15/2024 6:10:39 PM PDT by FreedomNotSafety
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