Next time it’s your turn to tell a joke, try this one:
The National Football League is a tax-exempt, non-profit organization.
The NFL and its teams pull in close to $10 billion in annual revenue. That Super Bowl ad this year—the one with the lost puppy and the horses—cost Budweiser about $9 million.
The top five executives of the NFL make about $60 million a year.
The state of Louisiana pays Tom Benson (owner of the New Orleans Saints) up to $6 million a year as an “inducement payment”—that’s actually what it’s called—to keep him from moving the team to another state.
I bet the Salvation Army in Louisiana wishes it could get its hands on some of that dough.
The National Football League hasn’t paid any taxes since 1966.
That makes me crazy.
Copyright © Richard Carl Subber 2015