Tuesday, September 23, 2014

Looking at the 990 of the NFL

Steven Brill has taken a fairly detailed look at the NFL's Form 990, which is the income tax form filed by non-profit organizations, which the NFL is so designated. Why aren't the NBA and major league baseball also non-profits?

Here are some interesting details from the 990:

  • The NFL reported a profit of $9 million and $326 million in “program service revenue”.
  • It paid over a $1,000,000 in lobbying fees.
  • Goodell was not the only recipient of an eight-figure paycheck. The “executive vice president for media,”  took home $26 million.
  • The NFL has high legal bills. Its general counsel received $7,862,000. Outside lawyers were paid over $16,000,000.


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