Free Republic
Browse · Search
News/Activism
Topics · Post Article

To: Tea Party Terrorist
If they have $10 million in income and pay the guy $10 million in salary, then they pay no income taxes at all.

Whatever "revenue" they have is only to pay their expenses, including the cost of office space, salaries for their staff (not just the commissioner but his administrative staff), etc. That's how a non-profit organization works.

The NFL doesn't get any revenue from its football operations. My guess is that all of their income is from fees that are paid by each franchise.

23 posted on 12/09/2013 6:40:19 PM PST by Alberta's Child ("I've never seen such a conclave of minstrels in my life.")
[ Post Reply | Private Reply | To 18 | View Replies ]


To: Alberta's Child

The NFL blackmails cities into subsidizing stadiums for their billionaire owners.

They also insist on not paying any hotel taxes in the cities that host the Super Bowl.

If they don’t make a profit and don’t have any revenue over expenses, then they should not have to worry about being tax-exempt.


26 posted on 12/09/2013 7:14:07 PM PST by Tea Party Terrorist (Why work for a living when you can vote for a living?)
[ Post Reply | Private Reply | To 23 | View Replies ]

Free Republic
Browse · Search
News/Activism
Topics · Post Article


FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson