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The Something Awful Forums > Discussion > Sports Argument Stadium > Fix Your Sport
 
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vegeta dentata
Jun 16, 2011
 NFL

Problem: The NFL is considered a nonprofit franchise despite being a multibillion dollar industry.

Solution: Lawyers. Nukes.

* # ¿ Jul 23, 2014 10:37
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# ¿ May 14, 2024 16:04
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vegeta dentata
Jun 16, 2011

ElwoodCuse posted:

This is not scandalous or unusual. All sports leagues work this way. The league itself is a nonprofit governing organization, and the money/tax liability goes through each individual franchise. There are plenty of ways pro sports gets free money and dodges taxes but this isn't one of them.

The NBA, MLB, and MLS are listed as for profit groups. I know that the local teams front the taxes on most of the revenue, but a shitload of money still moves through the administration office (ie Goodell's salary).

* # ¿ Jul 24, 2014 05:58
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The Something Awful Forums > Discussion > Sports Argument Stadium > Fix Your Sport