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cynatnite

(31,011 posts)
Tue Feb 4, 2014, 06:18 PM Feb 2014

Hey, pro football fans! Check this out!

Okay, NFL fanatics. You love your pro football. Here are some pro football facts. The NFL makes on average $9 billion a year. Yep, you heard it. $9 billion. The NFL is hoping to increase that to $25 billion in the next ten years. The NFL is also considered a non-profit organization. How is that possible you ask? Well the professional league lobbied congress back in the 60's for this nice little label by more or less cornering the market. Oh, and here is a better one for you...the NFL, with it's billions in profits pays ZERO in taxes. NONE. ZILCH. NADA. So, the next time you are cheering your favorite team, remember that the congress just voted to cut $8 billion in food stamps for poor people. But hey, what does that matter. Your team won...right?

*****

I don't care for football all that much, but the NFL is a parasitic organization. No one in their right mind should be supporting it whatsoever.

Yeah, I got my flame retardant suit on. Go ahead.

Here are some links...

http://www.cbsnews.com/news/nfl-enjoys-non-profit-status/

http://www.forbes.com/sites/monteburke/2013/08/17/how-the-national-football-league-can-reach-25-billion-in-annual-revenues/

20 replies = new reply since forum marked as read
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Hey, pro football fans! Check this out! (Original Post) cynatnite Feb 2014 OP
you got that, football fan? it's all your fault.. frylock Feb 2014 #1
You don't think people should be aware of the hypocrisy? cynatnite Feb 2014 #2
i think that many of us are very much aware of the tax-exempt status the NFL enjoys.. frylock Feb 2014 #4
I'm not letting them off the hook... cynatnite Feb 2014 #6
what you did was attempt to shame anyone here that watches and enjoys the game frylock Feb 2014 #7
It's no different than when we shame people for drinking a fucking coke... cynatnite Feb 2014 #9
you choose your battles.. frylock Feb 2014 #14
Meh ... 1000words Feb 2014 #3
Just think about that the next time you bitch about a corporation that pays zero in taxes... cynatnite Feb 2014 #5
LMFAO AnalystInParadise Feb 2014 #8
I never said that people should not support their favorite teams... cynatnite Feb 2014 #12
Sucks this country dry? How much tax should they have paid on a $77 million loss? n/t hughee99 Feb 2014 #17
If I understand correctly, the "NFL" doesn't have $9 billion in revenue. hughee99 Feb 2014 #10
I believe the tax structure is abused by the NFL, facts are jumbled. bluesbassman Feb 2014 #11
I'm sorry I watched the Super Bowl and $8 billion got cut from food stamps NightWatcher Feb 2014 #13
yuk. all this money for the NFL and kids sports & equipment for schools... Whisp Feb 2014 #15
If I don't watch football, can those people have their food stamps back? Iggo Feb 2014 #16
I don't watch football ohheckyeah Feb 2014 #18
Your link does not back you up. former9thward Feb 2014 #19
The teams pay taxes. Players pay taxes. There are taxes on seat sales and merchandise. LeftyMom Feb 2014 #20

frylock

(34,825 posts)
1. you got that, football fan? it's all your fault..
Tue Feb 4, 2014, 06:25 PM
Feb 2014

that the democratic-led senate voted 68-32 for a bill that cuts food stamps. obama is going to sign it because you watch football.

cynatnite

(31,011 posts)
2. You don't think people should be aware of the hypocrisy?
Tue Feb 4, 2014, 06:28 PM
Feb 2014

What about mega corporations that virtually use the tax code to get out of paying taxes altogether.

We're always raising our arms up in anger over that, but we should say nothing about the NFL doing the same damn thing?

They fucking cut $8 billion dollars in food stamps for poor people. The NFL is getting a fucking free ride.

You don't see anything wrong with that picture? Seriously?

frylock

(34,825 posts)
4. i think that many of us are very much aware of the tax-exempt status the NFL enjoys..
Tue Feb 4, 2014, 06:34 PM
Feb 2014

if you were to post a poll, i think you would find that NOBODY here, fan of the sport or otherwise, supports that tax-exempt status. i see a lot of things wrong with a bill that's passed in the DEMOCRATIC-LED SENATE that takes money away from people that are less priveleged.

cynatnite

(31,011 posts)
6. I'm not letting them off the hook...
Tue Feb 4, 2014, 06:37 PM
Feb 2014

I'm just really amazed at how much outrage that gets generated here on DU about companies that get away with not paying taxes, but a sports oriented organization gets nothing. No outrage.

Is it because they don't want to feel guilty about the NFL since they love football so much? Maybe it's easier to give that company a pass.

What's wrong with putting forth the effort to make them pay their fair share? Isn't that what we demand of the wealthy?

Is this DU or did I come to the wrong place?

frylock

(34,825 posts)
7. what you did was attempt to shame anyone here that watches and enjoys the game
Tue Feb 4, 2014, 06:44 PM
Feb 2014

"So, the next time you are cheering your favorite team, remember that the (ed. democratic-led) congress just voted to cut $8 billion in food stamps for poor people. But hey, what does that matter. Your team won...right?"

cynatnite

(31,011 posts)
9. It's no different than when we shame people for drinking a fucking coke...
Tue Feb 4, 2014, 06:58 PM
Feb 2014

Or supporting companies or corporations who do or say something that offends us.

How many have we boycotted over the years?

Look at what's happened to Rush Limbaugh. We have pressed those companies that have sponsored his brand of hate by boycotting them.

This is what we do and what we should do to make these companies pay their fair share, to make them just as responsible as the rest of us.

Now, if you don't feel inclined to not pull your support the NFL because of this...that's your choice. If you feel shame, that's only because you see the truth and you don't like it.

This isn't something that was hidden away from the public. It's common knowledge. People love pro football so much that they are willing to ignore the ugly side of it. They don't want to know how parasitic the NFL is as an organization.

frylock

(34,825 posts)
14. you choose your battles..
Tue Feb 4, 2014, 07:20 PM
Feb 2014

for instance, have you done any research into who may have constructed the dwelling you live in? where did the raw material come from? who delivered those raw materials? if you discovered that an unsavory corporation was your builder, or that perhaps people or resources were exploited to obtain those materials, are you prepared to pack your shit and move now?

cynatnite

(31,011 posts)
5. Just think about that the next time you bitch about a corporation that pays zero in taxes...
Tue Feb 4, 2014, 06:34 PM
Feb 2014

Oh, well. I guess it's okay. I'll tell poor people to fuck off because it's more important that a $9 billion a year organization doesn't have to pay crap in taxes while they get less food to put on the table.

We don't want you to be outraged.

 

AnalystInParadise

(1,832 posts)
8. LMFAO
Tue Feb 4, 2014, 06:54 PM
Feb 2014

you seem most outraged that everyone in this thread doesn't give a shit. I don't. There are more important things than how a sporting league is gaming the system.

Guess what? It is unfair, I don't like it, but I will still watch football every chance I get and enjoy the sport and the spectacle. Now call me names and tell me why I evil. I will be enjoying football when next season starts and not giving a shit what you say.

cynatnite

(31,011 posts)
12. I never said that people should not support their favorite teams...
Tue Feb 4, 2014, 07:01 PM
Feb 2014

Have at it. Enjoy it. I've got family that is football crazy.

I just look at the NFL and I see it as a parasitic organization that sucks this country dry under the guise of non-profit. It's no different than Koch.

I guess I was foolish enough to expect people to be at least a little outraged. I've seen enough of them go full tilt on other companies.

hughee99

(16,113 posts)
10. If I understand correctly, the "NFL" doesn't have $9 billion in revenue.
Tue Feb 4, 2014, 06:58 PM
Feb 2014

The 32 NFL teams have a collective $9 billion in revenue and those teams are NOT tax exempt. The money that is given over to the league (for Administration) is not taxed. In 2012, the league itself spent more money in operation than they took in revenue so they would have reported a loss and paid little if no taxes anyway.

"The NFL's 990 federal tax form, filed to the IRS in 2012 and available for view at the nonprofit watchdog site GuideStar, shows that during the previous year the league office received $255.3 million in revenue (almost all of it via annual dues paid by the teams) while it spent a total of $332.9 million, including $2.3 million in grants given to community groups like United Way ($15,898) and March of Dimes ($10,000).

Using its tax-exempt revenues, the league office also paid $29.4 million in salary to NFL Commissioner Roger Goodell, for which he owed income taxes, and it paid $35.9 million to the New York City construction firm J.T. Magen & Company, which built out a new office space for the NFL bosses and their 1,546 employees after their previous lease expired and they opted to relocate to another part of Manhattan.

While the money to pay for those expenses was derived from tax-exempt revenues, the league does not claim an off-setting federal deduction — as do for-profit corporations — for any business expenses it incurs such as moving, remodeling, travel or rent, Spector said. "

http://www.nbcnews.com/business/legal-procedure-critics-cry-foul-nfl-defends-nonprofit-status-8C11412804

bluesbassman

(19,369 posts)
11. I believe the tax structure is abused by the NFL, facts are jumbled.
Tue Feb 4, 2014, 07:00 PM
Feb 2014
But the NFL goes one better by having developed a revenue machine through creating intellectual property, licensing logos and names for merchandising, negotiating deals for televising games, and running the schedule of games, including producing the Super Bowl. And that machine is a printing press for money:

Revenue for the league, not counting what the teams made, was $255.3 million.
The top eight league officials made a total of $50.1 million in 2011 from the NFL or related organizations, with commissioner Roger Goodell seeing about $29.5 million in his paycheck.
The league received another $10.4 million (including nearly $7.6 million to former commissioner Paul Tagliabue).
In 2011, the NFL paid $35.9 million for office construction, $13.5 million in office rent, $6.7 in IT consulting, and $6.7 million in travel expenses.
Total travel expenses topped $11 million.
It had notes and loans owed to it of nearly $620.8 million.
For all the income, expenses were even higher at almost $333 million.
The organization spent more than $1.5 million on lobbying.


So the other $8.75 billion is revenue split among the individual teams who have their own expenses. No doubt they are receiving various taxpayer supported breaks, but the revenue is still subject to normal expanses (like salaries which are then subject to tax), and at some point in the accounting they pay tax like any other business. Is it fair? Probably not, but then most of the way large businesses are treated is not fair.

NightWatcher

(39,343 posts)
13. I'm sorry I watched the Super Bowl and $8 billion got cut from food stamps
Tue Feb 4, 2014, 07:05 PM
Feb 2014

It's all my fault.

This is worse than the "if you smoke pot, you support terrorists" line they tried a few years back.

 

Whisp

(24,096 posts)
15. yuk. all this money for the NFL and kids sports & equipment for schools...
Tue Feb 4, 2014, 07:25 PM
Feb 2014

whateva! let them eat dirt.

ohheckyeah

(9,314 posts)
18. I don't watch football
Tue Feb 4, 2014, 08:53 PM
Feb 2014

and I might have cared about what you had to say if you hadn't adopted the unbecoming to you and degrading to the readers tactic of shaming.

Try stating your case in the manner of an adult talking to adults and I might give it some credence.

former9thward

(31,965 posts)
19. Your link does not back you up.
Tue Feb 4, 2014, 09:10 PM
Feb 2014

This is there most recent tax return.

They lost $77 million. They lost $52 million the year before. They would not have paid taxes either year no matter what their designation.

http://www.guidestar.org/FinDocuments/2012/131/922/2012-131922622-0907a8cd-9O.pdf

LeftyMom

(49,212 posts)
20. The teams pay taxes. Players pay taxes. There are taxes on seat sales and merchandise.
Tue Feb 4, 2014, 09:18 PM
Feb 2014

The league doesn't pay taxes because it's just the collective rule making and marketing body of the teams, and the teams pay taxes.

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