To: Alberta's Child
"As of 2015 the NFL's corporate operations is no longer a non-profit corporation."Please provide support for that statement.
28 posted on
10/09/2017 7:22:19 PM PDT by
Redbob
(W.W.J.B.D. - What Would Jack Bauer Do?)
To: Redbob
It’s in another post.
In any case, even before that, it didn’t mean what people are thinking it meant. It was purely an organizational structure. All the teams were and are taxed.
29 posted on
10/09/2017 8:01:29 PM PDT by
lepton
("It is useless to attempt to reason a man out of a thing he was never reasoned into"--Jonathan Swift)
To: Redbob
I'm on a phone and I can't post a link until tomorrow, but if you check the NFL's Wikipedia entry you'll find a pretty detailed description of their business arrangement. They changed it in 2015 for PR reasons because they were getting a lot of grief over it from critics who have no idea how the NFL operates.
The NFL makes no profits anyway. All of the revenues are distributed to the 32 teams and reported on their tax returns.
30 posted on
10/09/2017 8:11:16 PM PDT by
Alberta's Child
("Tell them to stand!" -- President Trump, 9/23/2017)
To: Redbob
All it takes is a quick search and you can find all kinds of links to support the fact that that the league office gave up tax exempt status in 2015.
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