Do you really think this massive money engine would sputter if it weren’t tax exempt..? Nah, me neither.
The National Football League alone avoids $91 million by being classified a 501 (c)(6) “charitable” organization. The idea that the NFL (or any other sports league) are in it for the love of the sport, and not the profit of merchandising, advertising revenue, and branding is laughable. Senator Tom Coburn recently pushed to revoke their tax status. What do you think the chances of that are..?