It's a scandal that I can't understand why people aren't marching in the streets over, I suppose. The headquarters of the National Football League is chartered as a nonprofit — and treated by the IRS as a nonprofit — due to a few key words that were slipped into a piece of legislation 50 years ago. The individual teams probably pay corporate income taxes, but we don't know since most of them don't disclose any figures. Most of them receive public subsidies but don't disclose anything. The top of the NFL — Roger Goodell, the commissioner — his $30-million-a-year paycheck comes from what looks on paper to be a tax-exempt philanthropy.
... Judith Grant Long, a researcher at Harvard, calculates that 70 percent of the cost of NFL stadia has been paid for by taxpayers. In general, the public subsidizes pro football to the tune of around $1 billion a year, is what I calculated in my book. And yet it's phenomenally profitable — subsidized up one side, down the other, and yet a very profitable business.