NFL Changes Tax Status: Latest Details, Comments and Reaction

April 28, 2015   ·   Adam Wells   ·   Jump to comments

The NFL will reportedly no longer be exempt from taxes after changing its status to taxable.
Per Daniel Kaplan of SportsBusiness Journal and Scott Soshnick of Bloomberg News, NFL headquarters opted to drop its tax-exempt status:
The league has been classified as tax exempt under Section 501(c)(6) of the Internal Revenue Code, which lists "professional football leagues," per Steve Ginsburg of Reuters.
Soshnick noted that the NFL's decision means Roger Goodell's salary—as well as those of future NFL commissioners, as long as the league remains taxed—no longer has to be publicly disclosed:
The NFL's tax-exempt status has been a source of controversy in Congress. Speaking to CNN in February after Super Bowl XLIX, Utah Congressman Jason Chaffetz said, "You tell people that the NFL is a nonprofit entity and they just start laughing and giggling. But it's not fair."
Chaffetz noted he would like to discuss the situation with Goodell.

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