
Tax Law Blog
Million dollar athletes. Billionaire owners. Mega television contracts. These are not things that come to mind when one thinks of tax-exempt organizations.
It comes as a surprise to many, therefore, that the National Football League was, until recently, a tax-exempt business league incorporated as a 501(c)(6) organization. Calling the issue a distraction, NFL Commissioner Roger Goodell (who made more than $44 million in 2014) recently announced to team owners and members of the U.S. Congress that the league is giving up its tax-exempt status.