Shutdown Corner

  • Congress looking to take NFL's tax break away if it doesn't change Redskins name

    Frank Schwab at Shutdown Corner12 hrs ago

    The NFL operates as a not-for-profit. That's the league's tax status, which is laughable.

    The league makes billions of dollars. It's the most successful sports league in American history, a record it breaks every year. Even with a ton of controversial off-field issues in September, television ratings improved again. It is one of the top businesses in the country. The NFL prints money. It just struck a deal with DirecTV that pays the league $1.5 billion annually, according to ESPN. Commissioner Roger Goodell made $44.2 million in 2012.

    Congress is finally looking into the NFL's tax status, but at least one member of Congress is strangely tying it to the Redskins' name controversy, according to ABC News.

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