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The National Football League is the world’s most popular and wealthiest sports league. It earns more than $9 billion in annual revenue. But did you know that the NFL is considered a tax-exempt nonprofit under U.S. law? NFL Commissioner Roger Goodell makes over $44 million a year, which means that the leader of this “nonprofit” makes millions more than the CEOs of for-profit companies like Coca-Cola and Walmart.
I love football, and I’m a diehard New Orleans Saints fan. But lately, the NFL seems totally out of control. I’m watching a sport that I love struggle with scandal after scandal, all the while not paying their fair share in taxes because they’re considered a tax-exempt nonprofit.
Momentum is on our side: In the last few weeks, Sen. Cory Booker, Sen. Maria Cantwell, and Sen. Harry Reid have all thrown their support behind legislation to revoke the NFL’s nonprofit status, joining groups like the Sports Fans Coalition and the grassroots movement Sack NFL Tax Breaks.
It’s just basic economic fairness at play here. The NFL has asked citizens like you and me to have our tax dollars fund stadiums in city after city, all the while charging high prices for tickets and signing billion dollar contracts with television networks to air games. And yet, with more than $10 billion in annual revenue, the NFL remains a tax exempt nonprofit.
Roger Goodell and the NFL have ignited a national campaign of hundreds of thousands of fans and taxpayers calling for change. Join us and help send a message to Congress that the NFL needs to pay its fair share in taxes, and as the most profitable sports league in history should no longer be considered a tax exempt nonprofit.
The preceding text is from the campaign literature for this petition. The actual online petition, with more than 418,000 signatures, can be found here.
For previous Ladybud coverage of the NFL, click here.
Photo Credit: Lynda Woolard