Posted on 02/14/2014 3:13:32 PM PST by xzins
Normally, I wouldn’t care what some executive makes.
But the NFL is officially a “not for profit” enterprise.
All the belly-aching about “the rich” during the last campaign. I’m no fan of Romney’s, but this non-profit commissioner will make in 6 years what Romney’s made in a lifetime.
Which Fox (or ex-Fox) news babe is Goodell married to?
Jane Skinner
http://www.youtube.com/watch?v=4KKXektRX3Y
Married to Jane Skinner. She had a rather infamous blooper moment on Fox News back when she was anchoring.
Roger Goodell is a despicable man who is trying to turn the NFL into the XFl. The NFL won’t be worth watching at all very soon.
That is a name from the past. Whatever happened to her?
I take it back. I went to a High School football game in 1968 because my girlfriend wanted to.
Housewife and Mother.
If you don’t care for football, then even more unnerving should be the fact that the US government allows them non-profit status.
I dislike the US government even more than I dislike football.
And he enables owners to steal taxpayer dollars for their game factories. I care.
Now remember that the people at home have better seats than anybody in a stadium. Therefore they deserve to pay a premium to watch an NFL game at home.
The average football fan watches three games a week. That's $75 times 80,000,000 viewers and that equals $2 billion dollars in pure revenue.
Now multiply that over a 17 week NFL season (remember bye week) and you have $34 billion.
Now for the playoffs, you will want to charge $100 a game for the Wild Card week and given that 100,000,000 people will watch all four games, now you have $10 billion right there.
Ditto for the Divisional playoffs - another $10 billion
Now for the AFL and NFL title games, you will want to charge $250 a game and 150,000,000 will watch and you rake in $37.5 billion.
Finally the Super Bowl. Some 250,000,000 around the world will be watching. Charge $500 per person and that's a Super $125 billion.
So with me in charge, I will bring in a total of $216.5 billion in TV revenue.
The League sure isn’t getting much for its money.
Love that clip, because you could swap Shep and Jane and still make all the same jokes.
“But the NFL is officially a not for profit enterprise.”
The NFL itself. Not the teams. “Not for profit” does not mean it is a charity, but rather that it nets zero. Anything “left” is not kept, but passed on to the teams where it is taxed...so there is nothing to tax except money passing through, which would be unreasonable.
They get the lions share of their money by sales and not by donations. They negotiate deals and contracts for money, they sell merchandise and/or license merchandise for sale, they research means of greater revenue, and they take a portion of the proceeds for their personal and organizational funding.
Just because they spend all their profit doesn’t make them a non-profit.
It has nothing to do with donations, unless you mean the revenue sharing between teams which goes through the NFL shell.. It has to do with the structure, and the structure is that the NFL shell retains nothing upon which to pay taxes on, and the funds are transferred to teams which do pay taxes on net earnings. Are you trying to argue that they should pay taxes on the money twice or more?
I’m trying to argue that the corporate headquarters of a corporation comprised of many different businesses is playing a shell game if it pretends it isn’t trying to make a profit. Non-profit means something in the minds of normal people, and it means those who are exempt from taxes because its purpose is some kind of social benefit, and because it is not merely a cover for a money-making operation.
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