To: All
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.
2 posted on
02/14/2014 3:13:58 PM PST by
xzins
( Retired Army Chaplain and Proud of It! Those who truly support our troops pray for victory!)
To: xzins
It's not an unusual business arrangement, from what I understand. The NFL teams are separate business entities, and all of the league's revenues are reported on their tax returns.
12 posted on
02/14/2014 4:30:36 PM PST by
Alberta's Child
("I've never seen such a conclave of minstrels in my life.")
To: xzins
And he enables owners to steal taxpayer dollars for their game factories. I care.
13 posted on
02/14/2014 4:31:22 PM PST by
DManA
To: xzins
“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.
17 posted on
02/15/2014 11:07:22 AM PST by
lepton
("It is useless to attempt to reason a man out of a thing he was never reasoned into"--Jonathan Swift)
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