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Garibaldee@lemm.ee to United States | News & Politics@midwest.socialEnglish · 3 months ago

On Super Bowl Sunday, Remember Billions of Taxpayer Dollars Subsidize the NFL

truthout.org

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On Super Bowl Sunday, Remember Billions of Taxpayer Dollars Subsidize the NFL

truthout.org

Garibaldee@lemm.ee to United States | News & Politics@midwest.socialEnglish · 3 months ago
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NFL owners opened up 20 new stadiums with the help of $4.7 billion in taxpayer funds between 1997 and 2015.
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  • regrub@lemmy.world
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    3 months ago

    Oh, that must be the government waste they’ve been looking for. Sounds like bread and circuses

    • Illecors@lemmy.cafe
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      3 months ago

      Circii?

  • MunkysUnkEnz0@lemmy.world
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    3 months ago

    NFL is incorporated, non-profit. That’s right, non-profit.

    • Bassman1805@lemmy.world
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      3 months ago

      This was technically true but not in the way that people think.

      The TL;DR is that each team is a for-profit entity that pays taxes based on their income while the NFL exists to handle some administrative duties but does not draw any income of its own. All of the money is taxed as teams’ income.

      And it hasn’t been true since 2015 anyways.

      • sangriaferret@sh.itjust.works
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        3 months ago

        Almost. The Packers are a non-profit entity.

        • Viking_Hippie@lemmy.dbzer0.com
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          3 months ago

          Community owned too, which is rad 🙂

    • CosmicTurtle0@lemmy.dbzer0.com
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      3 months ago

      The NFL gave up it’s non profit status almost 7 years ago

    • santa@sh.itjust.works
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      3 months ago

      Wtf?!

    • Viking_Hippie@lemmy.dbzer0.com
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      3 months ago

      Yeah, in the same way that FIFA and the IOC are: exploiting the fuck out of loopholes to corruptly enrich the leadership

  • IninewCrow@lemmy.ca
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    3 months ago

    Bread and circuses

    • Viking_Hippie@lemmy.dbzer0.com
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      3 months ago

      And nobody can afford bread, so all there’s left is the circus.

  • HubertManne@moist.catsweat.com
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    3 months ago

    more so this year with the security stuff I imagine. I mean more tax payer dollars spent around it.

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