NFL will give up its tax-exempt status

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    theguru's Avatar
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    NFL will give up its tax-exempt status

    That may reduce the criticism the league takes for being a tax-exempt organization, but more important to the league, it removes the requirement that the NFL disclose the compensation of Commissioner Roger Goodell and other top executives. So Goodell’s salary will no longer be public record.

    Although the league has been classified as a tax-exempt organization, the 32 teams are all taxable, for-profit businesses, which means the money made by the league is taxed. This move will not affect the tax burden faced by the teams.

    NFL will give up its tax-exempt status | ProFootballTalk
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    theguru's Avatar
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    In other words the NFL will pay the government to be more secretive.

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    LIPTON BASH's Avatar
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    I was going to say the same thing. This was about keeping the government out of their business. I have no problem with that decision.

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    spindoc's Avatar
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    Bastards

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    ColonelCrazy's Avatar
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    Quote Originally Posted by spindoc View Post
    Bastards
    The NFL, the government, or both?

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    Quote Originally Posted by ColonelCrazy View Post
    The NFL, the government, or both?
    yes...

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