Why is the NFL a Non-Profit?
With an estimated annual revenue of $9.5 billion dollars, it's hard to believe the NFL is legally exempt from paying government taxes. How can an organization ...
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The NFL has taken a lot of criticism lately for a number of obvious missteps, but that extra attention has also lead to people criticizing them for less obvious things. Like their tax-exempt status. The NFL makes an estimated $9.5 billion dollars annually, yet their head office doesn’t pay a single cent in taxes. How is that fair - or even possible? Well, prior to 1966, there were two major professional football organizations in the US: the NFL and the AFL. They wanted to merge, but due to anti-trust laws that wasn’t possible without getting congress involved. So in 1966, congress passed Public Law 89-800, allowing the NFL to merge despite those anti-trust laws. They also changed the tax code in order to give the NFL Tax Exempt status. They’re included in Section 501(c)6 of the Inte...
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The NFL has taken a lot of criticism lately for a number of obvious missteps, but that extra attention has also lead to people criticizing them for less obvious things. Like their tax-exempt status. The NFL makes an estimated $9.5 billion dollars annually, yet their head office doesn’t pay a single cent in taxes. How is that fair - or even possible? Well, prior to 1966, there were two major professional football organizations in the US: the NFL and the AFL. They wanted to merge, but due to anti-trust laws that wasn’t possible without getting congress involved. So in 1966, congress passed Public Law 89-800, allowing the NFL to merge despite those anti-trust laws. They also changed the tax code in order to give the NFL Tax Exempt status. They’re included in Section 501(c)6 of the Inte...
