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The NFL gave up nonprofit status last year, and its status as one was a bit of a misunderstanding. All the teams (except the Packers) were taxed for-profits, a
by nols 11y ago
The NFL gave up nonprofit status last year, and its status as one was a bit of a misunderstanding. All the teams (except the Packers) were taxed for-profits, as was the merchandising, TV deals, etc. Basically all the revenue streams were already taxed, and now that they're not non-profit the NFL can be a lot more opaque about its finances.