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

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Old 02-27-2013, 10:30 AM   #11
SBXVII
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Re: Good/Bad News for a Change - 2013 18MM cap penalty probably (not) going away

Quote:
Originally Posted by Skinzman View Post
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.
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