NFL gives up non-profit status, will pay taxes

[Winehole23]

The league's switch from tax-exempt to taxable does not affect its an rust exemption, created in the Sports Broadcasting Act of 1961. That allows clubs to negotiate radio and TV broadcast rights together.

http://espn.go.com/nfl/story/_/id/12...-exempt-status

[boutons_deux]

NFL is a huge scam, with very clever, the very best tax lawyers, accountants.

Paying 0.0001% in taxes allows them to stop disclosing lots of salaries, expenses, finances. etc and keep their scam secret.

[Blake]

Yeah but it's something. How they were ever tax exempt I'll never know.

Next up that needs to give up tax exempt status:

Churches
Goodwill stores

[boutons_deux]

N.F.L. Tried to Influence Concussion Research, Congressional Study Finds

the league and its head, neck and spine committee worked to improperly influence the government research, trying to steer the study toward a doctor with ties to the league,

while the N.F.L. had been publicly proclaiming its role as funder and accelerator of important research, it was privately attempting to influence that research,”

N.F.L. has been found to mismanage concussion research, dating to the league’s first exploration of the crisis when it used deeply flawed data to produce a series of studies.

some of the characters are the same, including Dr. ****** Pellman, who led the league’s concussion committee for years before he was discredited for his questionable credentials and his role as a longtime denier of the effects of concussions on players.

the N.I.H. did not receive the $16 million from the N.F.L. that it expected for Dr. Stern’s research,

“The N.F.L.’s troublesome interactions with the N.I.H. fit a longstanding pattern of attempts to influence scientific understanding of degenerative diseases and sports-related head trauma,”

A year ago, the N.I.H.’s National Ins ute of Neurological Disorders and Stroke concluded a peer-review grant process and recommended that Dr. Stern’s proposal be chosen. The research was expected to cost $17.5 million, with $16.3 million of it funded by the N.F.L.

The study released Monday said the N.F.L. tried to pressure the N.I.H. into steering the grant away from Dr. Stern.

http://www.nytimes.com/2016/05/24/sports/football/nfl-tried-to-influence-concussion-research-congressional-study-finds.html?partner=rss&emc=rss&_r=0

iow, just another BigCorp, using its wealth and power to protect, enrich itself while destroying people to keep the $Bs flowing into it.

[boutons_deux]

NFL agrees to reimburse U.S. taxpayers $723K for ‘paid patriotism’

The NFL is reimbursing U.S. taxpayers more than $720,000 in so-called “paid patriotism” money that the teams took from the military to allow things like color guard displays and video tributes at pro football games.

In a letter to the two Arizona senators who have led the charge against the practice, Commissioner Roger Goodell said an audit uncovered that over the course of four seasons $723,734 “may have been mistakenly applied to appreciation activities rather than recruitment efforts.”

http://www.msnbc.com/msnbc/nfl-agrees-reimburse-us-taxpayers-723k-paid-patriotism?cid=sm_fb_lastword

[DMX7]

They should pay back that money with interest and with some type of punitive compensation to boot. That's small money in the grand scheme of things but it's so egregious that it had to be investigated.