October 25, 2020

NFL Deems Its Tax-Exempt Status to Be Immaterial

NFL Commissioner Roger Goodell informed team owners that the league would give up its tax-exempt status, saying the move would eliminate a "distraction," and that, "the change in filing status will make no material difference to our business."
 
For some context, for giving up the exemption will cost the league $109 million over 10 years. However! It will no longer have to disclose Goodell's multimillion dollar salary. So from a PR perspective, it's an obvious boon.  
 
 
 

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