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by mardef
118 days ago
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The teams have always been 32 tax paying companies. The NFL central office was a 501(c)(6), but the tax savings from that was negligible. In fact, when they changed their status over a decade ago, they now no longer have to submit a 990 and have less transparency of their operations. You are phrasing this situation to paint all non-profits as a farce, and I believe that's a bad faith take. |
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My point was, nonpros are used as financial instruments by and large. The NFL gave it up for optics, else they wouldn't have.