Oh, that must be the government waste they've been looking for. Sounds like bread and circuses
this post was submitted on 10 Feb 2025
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Circii?
NFL is incorporated, non-profit. That's right, non-profit.
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.
Almost. The Packers are a non-profit entity.
Community owned too, which is rad 🙂
Wtf?!
Yeah, in the same way that FIFA and the IOC are: exploiting the fuck out of loopholes to corruptly enrich the leadership
Bread and circuses
And nobody can afford bread, so all there's left is the circus.
more so this year with the security stuff I imagine. I mean more tax payer dollars spent around it.