10 years ago
1
Wait, the NFL is a 'non-profit' organization?
The NFL is a non-profit organization. A non-profit that pays its top five executives $60 million annually. A non-profit organization that sucks in public subsidies by the billions, then patting itself in the back when it returns a few hundred thousand back to community groups.
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This summary is completely misleading. In the NFL almost all money goes to the owners of the teams which are then taxed like any other commercial organization.