this post was submitted on 10 Feb 2025
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On Super Bowl Sunday, Remember Billions of Taxpayer Dollars Subsidize the NFL (truthout.org)
submitted 1 week ago by [email protected] to c/[email protected]
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[–] MunkysUnkEnz0 32 points 1 week ago (4 children)

NFL is incorporated, non-profit. That's right, non-profit.

[–] Bassman1805 23 points 1 week ago* (last edited 1 week ago) (1 children)

This was technically true but not in the way that people think.

The TL;DR is that each team is a for-profit entity that pays taxes based on their income while the NFL exists to handle some administrative duties but does not draw any income of its own. All of the money is taxed as teams' income.

And it hasn't been true since 2015 anyways.

[–] [email protected] 14 points 1 week ago (1 children)

Almost. The Packers are a non-profit entity.

[–] [email protected] 9 points 1 week ago* (last edited 1 week ago)

Community owned too, which is rad 🙂

[–] [email protected] 2 points 1 week ago

Yeah, in the same way that FIFA and the IOC are: exploiting the fuck out of loopholes to corruptly enrich the leadership