this post was submitted on 10 Feb 2025
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United States | News & Politics

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[–] [email protected] 32 points 3 months ago (4 children)

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

[–] [email protected] 23 points 3 months ago* (last edited 3 months 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.

[–] sangriaferret 14 points 3 months ago (1 children)

Almost. The Packers are a non-profit entity.

[–] [email protected] 9 points 3 months ago* (last edited 3 months ago)

Community owned too, which is rad 🙂

[–] santa 5 points 3 months ago
[–] [email protected] 2 points 3 months ago

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

[–] [email protected] 9 points 3 months ago (1 children)
[–] [email protected] 4 points 3 months ago

And nobody can afford bread, so all there's left is the circus.

[–] [email protected] 2 points 3 months ago

more so this year with the security stuff I imagine. I mean more tax payer dollars spent around it.