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The Business Side of the NFL

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  • As the most popular of the four major American sports leagues, the NFL is an industry unto itself.
  • Part 1: The Real NFL Scandal
  • Part 2: Graphic: The Business of the NFL
  • From the Archives | The Problem with Subsidizing Huge Stadiums for Billionaire Team Owners

Compiled by David Culver, Ed., Evergreene Digest

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Part 1: The Real NFL Scandal

  • Do we want an economy that subsidizes billionaires and private corporations at the expense of the public or do we want an economy that works for all? That’s the question we should all ask ourselves, football fans or not.
  • From the Archives | The Problem with Subsidizing Huge Stadiums for Billionaire Team Owners

Thom Hartmann, Thom Hartmann Program

thom20logo_60_24_228_53.jpgFeb. 2, 2015 | Seattle’s decision to throw the ball at the goal line with 20 seconds to go in last night’s Super Bowl was a costly one. But in the long run, it won’t be nearly as costly to the rest of America as the National Football League itself.

Every year, the NFL rakes in around $9.5 billion in revenue. Its commissioner, Roger Goodell, meanwhile, has an annual salary of $44 million. And while those numbers might make sense for any big business, the NFL isn’t a business - not technically, at least.

According to the Public Law 89-800, it’s a 501(c)6 tax-exempt non-profit. That’s right, a non-profit. In other words, the NFL, one of the most lucrative organizations in all of sports, is subsidized by you and me the taxpayers. If that sounds ridiculous and absurd, that’s because it is ridiculous and absurd.

Thom Hartmann is an American radio host, author, former psychotherapist, entrepreneur, and liberal political commentator. He is the #1 progressive radio talk show host in the US and a New York Times bestselling author, including 4 Project Censored awards.

Full story … 



Part 2: Graphic: The Business of the NFL

As the most popular of the four major American sports leagues, the NFL is an industry unto itself.

The%20Business%20of%20the%20NFL%20illus.jpgFinance Degree Center

Full story … 

Related:

From the Archives | The Problem with Subsidizing Huge Stadiums for Billionaire Team Owners, Week Ending March 28, 2015, Compiled by David Culver, Ed., Evergreene Digest

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