Tuesday, September 16, 2014

Dem senator would strip NFL's nonprofit status over 'Redskins'

The Hill reports:
Sen. Maria Cantwell (D-Wash.) on Tuesday pushed to revoke the NFL's tax-exempt status over the Washington Redskins' refusal to change its name.

"In the next few days, I will be dropping legislation to end that tax status," she said at a press conference.
There's more:
Sen. Tom Coburn (R-Okla.) introduced legislation last year to remove the tax-exempt status of any professional sports league that has more than $10 million in yearly revenue. The bill has attracted the support of Sen. Angus King (I-Maine), and Rep. Jason Chaffetz (R-Utah) introduced similar legislation in the House.

Professional sports leagues have argued their purpose is to promote their sport and teams allowing them to qualify as a trade organization, but Coburn has said they are mostly focused on promoting their brand. He has said his legislation would bring in $109 million in revenue over a decade.
We think this should apply to universities.