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Saturday, February 14, 2015

NFL- National Fictional League: rich with profits, but not-for-profit

 the NFL brings in over $9.5 billion in revenue a year—with Super Bowl ads selling for $150,000 per second—but is somehow considered a “non-profit organization" and hasn’t paid a penny in taxes since 1966.

But that could change soon if Congress does the right thing. Rep. Jason Chaffetz, chair of the House Oversight Committee, recently suggested that he may call NFL Commissioner Roger Goodell to testify before Congress about the NFL’s tax-exempt status.

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