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| | #1 (permalink) |
| Special Teams Join Date: Aug 2006
Posts: 186
| NFL is not-for-profit, huh? These guys are tax-exempt, wtf? Never heard that before. Sounds kind of sketchy at first glance. Discuss. FanNation | Truth&Rumors | NFL wants to keep its salaries secret Last edited by TenandSix:Unacceptable; 08-13-2008 at 03:09 AM. |
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| | #2 (permalink) |
| Jason Campbell: Franchise QB ![]() Join Date: Mar 2006 Location: Grand Rapids, MI
Posts: 6,977
| Re: NFL is not-for-profit, huh? The league is. It's franchises are for profit, and that's what really matters. I mean, the league only exists to ensure the franchises play by the rules and to ensure fairness of competition.
__________________ "It's mind-boggling to me, really. Look at the tape. Look at my impact on the game. The guys who make it are good players, and I'm not saying I'm better than all of them. But I wish people would watch the games, watch the tape." - London Fletcher on his pro bowl candidacy. |
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| | #4 (permalink) |
| Eternally Legendary ![]() Join Date: Feb 2004 Location: Seattle
Posts: 4,344
| Re: NFL is not-for-profit, huh? The NFL a.k.a. Commissioners Office a.k.a. Governing Body is a non-profit organization because they don't take in income, the franchises do. The NFL merely exists to make sure the franchises are synchronized and are represented in negotiations and arbitrations by a single voice. Ultimately individual franchises have to file corporate taxes at the end of the year just like every other corporation.
__________________ Hope is a helluva drug, helluva drug. |
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| | #6 (permalink) |
| Puppy Kicker ![]() Join Date: Feb 2004 Location: Fairfax, Virginia
Posts: 6,736
| Re: NFL is not-for-profit, huh? How does the commish / staff get paid? Do they get it from the NFL PA? Im just curious, never thought of that again.
__________________ Apparently not having unrelenting optimism means you're not a fan. |
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| | #7 (permalink) |
| Gleaming Turds since 2004 ![]() Join Date: Jun 2004 Location: Springfield, VA
Posts: 13,843
| Re: NFL is not-for-profit, huh? non-profits can still pay salaries. head of red cross gets 500k a year as a non profit director.
__________________ Who says shameless self promotion is stupid? oh yeah, that was me... Click For Tunes! |
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| | #8 (permalink) |
| Playmaker Join Date: Mar 2006 Location: PA
Posts: 4,220
| Re: NFL is not-for-profit, huh? Yeah, I work for a non-profit organization. We pay our employees and all other normal operating expenses that a for-profit company would. We have to survive and have luxurious things like lights and toilets with water, you know. Pens are nice to have too. ![]()
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| | #9 (permalink) |
| Gleaming Turds since 2004 ![]() Join Date: Jun 2004 Location: Springfield, VA
Posts: 13,843
| Re: NFL is not-for-profit, huh? if you mean where's the money come from, i'd guess it's the revenue pool before it gets sent out to the teams, but that's just a guess....
__________________ Who says shameless self promotion is stupid? oh yeah, that was me... Click For Tunes! |
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| | #10 (permalink) |
| I'll Salary Cap Your Ass ![]() Join Date: Feb 2005 Location: Havertown, PA
Posts: 5,614
| Re: NFL is not-for-profit, huh? The NFL itself would charge a "corporate overhead" charge to each of the 32 NFL franchises in order to pay the salaries of the commissioner and any other officials/employees of the NFL. Don't misunderstand the business model. The NFL office is not for profit because it does not collect revenue. It's sole purpose for existence is to further the business success of its 32 franchises, whose goal is to make money as for-profit institutions. The 32 franchises support the NFL with the corporate charge, and they ultimately benefit financially.
__________________ Skins' Salary Cap Status | 2009 Cap Burdens | CrazyCanuck's Cap Figures by Player | Salary Cap 101 Pray for a CBA. |
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| | #11 (permalink) |
| Puppy Kicker ![]() Join Date: Feb 2004 Location: Fairfax, Virginia
Posts: 6,736
| Re: NFL is not-for-profit, huh? I realize that non-profits can pay their employees. Schneed answered the question I was looking for. Sorry I wasn't a bit more clear.
__________________ Apparently not having unrelenting optimism means you're not a fan. |
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| | #12 (permalink) |
| Impact Rookie Join Date: Feb 2004 Location: Brazil, IN
Posts: 786
| Re: NFL is not-for-profit, huh? So who gets the billions and billions off of the tv deals? Who gets the millions to be called the official beer, cell phone provider, clothing apparel, etc of the NFL?
__________________ Relax guys Vinny is in control. I am sure he will make good draft picks. Ok i am scared now. |
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| | #13 (permalink) |
| Gleaming Turds since 2004 ![]() Join Date: Jun 2004 Location: Springfield, VA
Posts: 13,843
| Re: NFL is not-for-profit, huh? its all stuck in a revenue pool and shared equally among the 32 teams, as is the cash paid by teams who are under the nfl minimum team salary. if you don't want to pay players, you're forced to pay the league instead.
__________________ Who says shameless self promotion is stupid? oh yeah, that was me... Click For Tunes! |
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