That just means that the franchises and players are the ones making the profits. I expect that the league office is funded by the individual teams rather than being a money maker on its own, so I'm not surprised it would be set up as a non-profit organization. If they do have more revenues than expenses for a year, then the teams were accessed too much that year.
Even if the league was a normal corporation, it would probably net close to zero each year and pay no taxes anyway.
posted on 03/09/2012 6:33:57 AM PST
(You only have three billion heartbeats in a lifetime.How many does the government claim as its own?)
From the article teams “contribute” tax deductible “donations” to the NFL league office.
posted on 03/09/2012 7:59:03 AM PST
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