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NFL gets over a billion in taxpayer-funded federal subsidies

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posted on Sep, 25 2017 @ 08:52 PM
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Seems like the NFL, Trump and the American people have an issue.



So the very profitable NFL is sucking up over a Billion in Fed tax money a year. So with Trump being who he is, I wonder if Trump would work behind the scene to get the NFL to loose tax subsidies for stadiums. And the real question is should the NFL get tax $$$?


One fun little thing that most of us don’t talk about is the fact that the NFL gets over a billion (that’s with a B, let that sink in) in taxpayer-funded federal subsidies and now that the players have told President Trump what they think of him, all of that is in jeopardy. Stuart Varney who is a British-American economic pundit who works for the Fox News Channel and the Fox Business Network explained all of this to those of us who don’t spend our time pouring over the tax code for a living.
ussanews.com...

As of March the add revenue is up over 3%, this is even with a drop in ratings. If it is true that the ratings are dropping, how long til advertisers want a discount?


NFL TV Ad Revenue Hits Record $3.5 Billion Despite Drop In Ratings
Turns out they survived the 8% ratings decline for the regular season just fine. Ad revenue hit a record $3.5 billion, up 3% over 2015, according to research firm Standard Media Index.
www.forbes.com...



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edit on 25-9-2017 by seasonal because: (no reason given)




posted on Sep, 25 2017 @ 08:55 PM
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The DOD might be thinking about "re-thinking" those contracts.




posted on Sep, 25 2017 @ 08:58 PM
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Perhaps cut funding by 50% since they don't like or respect 50% of the country. Seems a fair compromise. If you think half this country are racist Nazi Trump lovers, no need to accept their tax dollars.



posted on Sep, 25 2017 @ 09:00 PM
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a reply to: seasonal


How about all the poor dumb suckers who built them a stadium too? Rich billionaires don't need any public money.



posted on Sep, 25 2017 @ 09:01 PM
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a reply to: MysticPearl

They are very profitable, I would suggest cutting the subsidies and allowing the NFL to evolve to serve their fan base better.


Keep in mind this is 2X as much as Musk gets for his businesses.


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edit on 25-9-2017 by seasonal because: (no reason given)



posted on Sep, 25 2017 @ 09:02 PM
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a reply to: AugustusMasonicus

The owners love to take "risks"by being ground breaking entrepreneurs, especially with tax money. It's free. Right?



posted on Sep, 25 2017 @ 09:03 PM
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a reply to: seasonal


For them it's free because fans are fools. I've seen Rich Wilf's house, he doesn't need any public assistance.



posted on Sep, 25 2017 @ 09:03 PM
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a reply to: seasonal

You love to target musk. Lol...

How much more than G.E.?



posted on Sep, 25 2017 @ 09:05 PM
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a reply to: luthier

GE does not pay taxes. It would be hard to say.

At least the NFL is profitable, Musk, not so much.



posted on Sep, 25 2017 @ 09:06 PM
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a reply to: seasonal

www.governing.com...

Does the givernment save money using his rockets?


+12 more 
posted on Sep, 25 2017 @ 09:06 PM
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a reply to: MysticPearl

Federal Funding should be cut completely. The NFL is a private business and makes plenty of money on their own. There is no need to support them with tax dollars.



posted on Sep, 25 2017 @ 09:07 PM
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originally posted by: seasonal
a reply to: luthier

GE does not pay taxes. It would be hard to say.

At least the NFL is profitable, Musk, not so much.


When did intel chips turn a profit?

Was it after the r &d? Or before?
edit on 25-9-2017 by luthier because: (no reason given)



posted on Sep, 25 2017 @ 09:08 PM
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a reply to: seasonal

Ummm...most NFL teams don't own the stadiums.

Those federal subsidies are going to the cities the stadiums are in...you know...to develop their cities.


Newsflash: More than just NFL games are played in these stadiums.



posted on Sep, 25 2017 @ 09:09 PM
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a reply to: luthier

The NFL isn't listed, this is a very confusing and hidden cost/loss to the US tax payer.



posted on Sep, 25 2017 @ 09:11 PM
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a reply to: seasonal

Huh,?

Must be your facts are not correct or it doesn't come close to the others.


I notice tesla nor space x is even close however...Eben by your numbers.

edit on 25-9-2017 by luthier because: (no reason given)



posted on Sep, 25 2017 @ 09:18 PM
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a reply to: luthier

Maybe Fed and State tax subs are not considered the same for this study?


Elon Musk's growing empire is fueled by $4.9 billion in government subsidies
www.latimes.com...



posted on Sep, 25 2017 @ 09:19 PM
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It's the American way.

Just another case of who Congress cares about.



posted on Sep, 25 2017 @ 09:22 PM
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F the NFL et al. Why should I have to pay for any of that. Just another reason for people to tax protest.

Damn Bread & Circuses.




edit on 25-9-2017 by IgnoranceIsntBlisss because: (no reason given)



posted on Sep, 25 2017 @ 09:24 PM
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originally posted by: kruphix
Ummm...most NFL teams don't own the stadiums.


And when they don't own them they typically receive sweetheart rental and usage deals for not only their events but all events held there.



posted on Sep, 25 2017 @ 09:25 PM
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a reply to: seasonal

Instead of paying my taxes next year, I'll just take a knee.

They'll be cool with that.





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