logoalt Hacker News

mardeftoday at 1:59 AM1 replyview on HN

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.


Replies

irishcoffeetoday at 3:05 AM

The NFL expanded from 30 to 32 teams in 2002, your whole first clause is incorrect.

My point was, nonpros are used as financial instruments by and large. The NFL gave it up for optics, else they wouldn't have.