PSA: Yes, the NFL is a "non-profit" entity

Kinja'd!!! "Bob Loblaw Made Me Make a Phoney Phone Call to Edward Rooney" (braddelaparker)
09/19/2014 at 14:33 • Filed to: None

Kinja'd!!!5 Kinja'd!!! 6

But it's a 501(c)(6) (business trade organization), which is not the same as the 501(c)(3) charitable non-profits you're used to. They don't escape any tax burden through this structure, their profits are simply taxed at the member level. (i.e. the teams).

Signed,

Noted hater of the NFL, but a bigger hater of morons running their mouths about things about which they have no knowledge.


DISCUSSION (6)


Kinja'd!!! IDROVEAPICKUPTRUCK > Bob Loblaw Made Me Make a Phoney Phone Call to Edward Rooney
09/19/2014 at 14:36

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This this this. It's really frustrating when I hear people bitch about this, I've no love for the NFL (the owners I mean) but it's dumb to criticize them for this.


Kinja'd!!! For Sweden > Bob Loblaw Made Me Make a Phoney Phone Call to Edward Rooney
09/19/2014 at 14:36

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But it's a non-profit, so they're literally stealing from the people. Like, literally you guys.


Kinja'd!!! RamblinRover Luxury-Yacht > Bob Loblaw Made Me Make a Phoney Phone Call to Edward Rooney
09/19/2014 at 14:37

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*themoreyouknowstarthinggoesherethatI'mtoolazytolookupandlink*


Kinja'd!!! Bob Loblaw Made Me Make a Phoney Phone Call to Edward Rooney > For Sweden
09/19/2014 at 14:38

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It's basically Enron and WorldCom all over again.


Kinja'd!!! KusabiSensei - Captain of the Toronto Maple Leafs > Bob Loblaw Made Me Make a Phoney Phone Call to Edward Rooney
09/19/2014 at 14:58

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Are we still allowed to be smug if we don't have a cable subscription at home and don't ever buy tickets/merchandise/anything that's related to football because I'd rather spend it on brake pads and tires?


Kinja'd!!! Leadbull > RamblinRover Luxury-Yacht
09/19/2014 at 15:01

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I don't like having images back.

Speaking in ".jpg/.gif/.wmv" was such an art form.