NFL's Non-Profit Status

[goheels22002]

So was Goodell's insistence on using the morals clause to serve as a second judge of every crime, but that didn't get his trifling ass fired. The damage control's been done, and the media has already begun spinning the situation in such a way as to keep Goodell out of most of it. Goodell will probably survive this.

Possibly. But I believe his days are numbered. Owners like the Wilfs are embarrassing themselves by flip-flopping while others are being shamed into deactivating their players while Goodell is unseen and unheard. He may survive the season. I believe he will not be the Commissioner on opening day 2015.

 

[QuantumMechanic]

Well, if the league didn't have non-profit status, teams would get taxed twice. Almost all revenue streams for the NFL go through the league office. So it would be taxed at the league level. When they dispersed the money to each team, it would get taxed again.

If the league ever loses its non-profit status, it would destroy the league. It would force teams to make their own TV deals and marketing deals and there would be big market and small market teams like it is in MLB.

No it wouldn't. The teams would just form a non-taxed, pass-through entity like a partnership or LLC-that-elects-to-be-taxed-as-a-partnership that each team would own 1/32nd of and the contracts would be re-drafted to have that new entity take the place of the existing NFL 501(c)(6).

 

[Zeus]

No it wouldn't. The teams would just form a non-taxed, pass-through entity like a partnership or LLC-that-elects-to-be-taxed-as-a-partnership that each team would own 1/32nd of and the contracts would be re-drafted to have that new entity take the place of the existing NFL 501(c)(6).

Just curious - what's to stop them from doing this now?

 

[Joker]

Goodell is ignorant of law...he's a C student graduate of a rich boy college/reformatory.

First the owners would have to jettison the Silent Screamer (9 days and counting) and replace him with someone educated in business law with a resume of success.