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elzenmahn

(904 posts)

10. "Prevent Billionaire Owners from Moving Teams..."

Tue Sep 16, 2014, 03:51 PM

Sep 2014

...Los Angeles Rams move to St. Louis.

...Oakland Raiders move to Los Angeles, then back to Oakland, (and now to San Antonio?)

...St. Louis Cardinals move to Phoenix.

...Baltimore Colts move to Indianapolis.

...The Original Cleveland Browns move to Baltimore to become the Ravens.

...not to mention other teams in other sports.

An anti trust exemption is not going to prevent billionaires from doing what they want, when they want.

The problem with the exemption is: the NFL is a for-profit business, as are its member teams. They should not be entitled to any special treatment in the tax code. They use the commons to promote and sell their game (which is nothing more than another form of entertainment), which we all pay for.

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Lawmaker to introduce bill to end NFL�s tax-exempt status because of Redskins name [View all] FSogol Sep 2014 OP

ow about just ending it because these things are for for profit companies? n/t hollysmom Sep 2014 #1

That was my thought too. End it because they don't need a tax break, they are earning billions. FSogol Sep 2014 #2

The teams do pay taxes. former9thward Sep 2014 #35

Wrong. The NFL (the non profit enity) brings in just under 15 billion per year. FSogol Sep 2014 #37

What are the business expenses? former9thward Sep 2014 #38

Ok, but don't pretend that a gross of $15 billion isn't a lot. n/t FSogol Sep 2014 #40

I am not pretending anything. former9thward Sep 2014 #41

Yeah, our tax laws and loopholes are f'ed up. n/t FSogol Sep 2014 #42

That's not true Sgent Sep 2014 #45

Here you go, nonbeliever: FSogol Sep 2014 #46

Read the update Sgent Sep 2014 #47

So? If you look around the web, there is no agreement on what the actual numbers are. The update FSogol Sep 2014 #48

Exactly! Plucketeer Sep 2014 #5

The NBA, MLB, and NHL are not non-profit organizations. n/t FSogol Sep 2014 #6

Well - there ya go! Plucketeer Sep 2014 #25

The only time I ever pray customerserviceguy Sep 2014 #43

My Thought EXACTLY! elzenmahn Sep 2014 #7

The NFL itself (the league office) is tax exempt. hughee99 Sep 2014 #29

well giving your self a huge salary is not exactly not making a profit. hollysmom Sep 2014 #34

I agree and the league offices have big salaries hughee99 Sep 2014 #36

You are way low on your numbers. This info was leaked a few years back: FSogol Sep 2014 #39

I read the article and the pdf. hughee99 Sep 2014 #44

While she's at it, why doesn't she take on baseball's antitrust exemption? KamaAina Sep 2014 #3

Why the problem with the antitrust exemption? FSogol Sep 2014 #4

I was merely following her reasoning to its logical conclusion. KamaAina Sep 2014 #9

Really? What city/team? n/t FSogol Sep 2014 #13

San Jose; the A's. KamaAina Sep 2014 #16

Oh, should have guessed, Oakland. n/t FSogol Sep 2014 #17

I think he could move the 'A's to Fremont cojoel Sep 2014 #28

That was floated years ago KamaAina Sep 2014 #30

"Prevent Billionaire Owners from Moving Teams..." elzenmahn Sep 2014 #10

You are confused. The NFL does not have an anti-trust exemption. Only baseball does. Only one team FSogol Sep 2014 #12

There is absolutly no legitimate reason for the NFL to be tax exempt period. appleannie1 Sep 2014 #8

The NFL - or any other sports league, for that matter. elzenmahn Sep 2014 #11

Only the NFL is classified as non-profit. No other professional league enjoys FSogol Sep 2014 #15

Agreed. n/t FSogol Sep 2014 #14

Exactly!!! denvine Sep 2014 #32

is the NCAA non-profit? ...nt quadrature Sep 2014 #18

Yes. They are not a professional sports league. n/t FSogol Sep 2014 #19

but there is no difference, except for that.. both are bad ..nt quadrature Sep 2014 #23

Except that the NCAA is promoting a number of amateur collegiate sports that would never turn FSogol Sep 2014 #27

how the hell are they tax exempt in the first place? yurbud Sep 2014 #20

It's a setup similar to a SuperPAC KamaAina Sep 2014 #24

About time! tosh Sep 2014 #21

Tax exemption for the NFL is absurd, period. mountain grammy Sep 2014 #22

Nonsense. nt ladjf Sep 2014 #26

Their tax exempt status should be eliminated Faux pas Sep 2014 #31

And don't forget about the Thugs warrant46 Sep 2014 #33

Cory the Tory has chimed in; he pegs it to domestic violence! KamaAina Sep 2014 #49