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Old 09-26-2013   #1
Double Barrel
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Default How the NFL Fleeces Taxpayers

Quote:
How the NFL Fleeces Taxpayers

Taxpayers fund the stadiums, antitrust law doesn't apply to broadcast deals, the league enjoys nonprofit status, and Commissioner Roger Goodell makes $30 million a year. It's time to stop the public giveaways to America's richest sports league—and to the feudal lords who own its teams.

Excerpt:

Judith Grant Long, a Harvard University professor of urban planning, calculates that league-wide, 70 percent of the capital cost of NFL stadiums has been provided by taxpayers, not NFL owners. Many cities, counties, and states also pay the stadiums’ ongoing costs, by providing power, sewer services, other infrastructure, and stadium improvements.

When ongoing costs are added, Long’s research finds, [many teams] turned a profit on stadium subsidies alone—receiving more money from the public than they needed to build their facilities.

FULL STORY
I enjoy the NFL, but being fan does not blind me to the simple fact that they having been taking advantage of taxpayers for decades.

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