Good/Bad News for a Change - 2013 18MM cap penalty probably (not) going away

[SBXVII]

Originally Posted by Skinzman

To be fair, thats a little misleading to just say the league doesnt pay taxes. The 32 teams do pay taxes, they just have a central office to conduct business among the 32 teams, and that is what does not pay taxes. Basically that results in each team getting a 6-7 mil tax exemption each year for "donating" money to the NFL.

I do agree with you on the big companies part, but for future reference, adding Walmart to these usually does more harm than good to your argument. Walmart considers "above minimum wage" and "health benefits" to be dirty words. They arent exactly known to be worker friendly.

Your right in your statement but what the article is trying to point out is that the NFL should not be listed as a "non-profit" organization. They made money above the 6-7 mill donated by each team. To include TV deals, and sales of NFL apparel. So technically the NFL should be paying taxes on the 6-7 mill as well.

[CRedskinsRule]

Originally Posted by SBXVII

Your right in your statement but what the article is trying to point out is that the NFL should not be listed as a "non-profit" organization. They made money above the 6-7 mill donated by each team. To include TV deals, and sales of NFL apparel. So technically the NFL should be paying taxes on the 6-7 mill as well.

Well, does the League offices make the money, or is it distributed directly and proportionally to all 32 teams. I doubt that the League itself "makes" money, but I don't know. For example on NFL apparel, doesn't that revenue go directly to the teams, based on whatever the agreed split is. I don't think the League gets a separate percentage of sales.

[Skinzman]

Originally Posted by SBXVII

Your right in your statement but what the article is trying to point out is that the NFL should not be listed as a "non-profit" organization. They made money above the 6-7 mill donated by each team. To include TV deals, and sales of NFL apparel. So technically the NFL should be paying taxes on the 6-7 mill as well.

I agree with you about whether the NFL should be considered non-profit. But there is a huge difference between saying the NFL doesnt pay taxes as compared to saying the individual teams get a 6-7 mil tax write off each year.