I found a CNBC web site that said: "In fact, the NFL is actually tax-exempt, a status it gained in 1944. Often forgotten, the league was granted 501(c) 6 status in 1966, when it merged with the American Football League. But unlike charitable nonprofits, or 501 (c) 3 organizations, the 501(c) 6 designation means the NFL is a trade organization. This tax-exempt status does not apply to the league's 32 individually owned franchises."
Why?
The NFL is tax Exempt?
I found a CNBC web site that said: “In fact, the NFL is actually tax-exempt, a status it gained in 1944. Often forgotten, the league was granted 501(c) 6 status in 1966, when it merged with the American Football League. But unlike charitable nonprofits, or 501 (c) 3 organizations, the 501(c) 6 designation means the NFL is a trade organization. This tax-exempt status does not apply to the league’s 32 individually owned franchises.”
Why?
The NFL claims that they are like a chamber of commerce and that the business and profit is only conducted in the franchises with the NFL proper not making any money. I haven’t researched it but I don’t think it is probably true.
My opinion is that they a bunch of tax exempt bazillionaires who feel like it is necessary to lecture me on what rights I need to give up. I think they should lose their tax exempt status but I will be honest and say that my opinion is based on their blatant attacks on my gun rights rather than actual fairness. College football is more fun to watch anyway.