Getting your player ready...
A recent found that only 13 percent of Americans knew that the National Football League is a tax-exempt, non-profit organization. The NFL, which earned approximately $9.5 billion last year, is technically a 501(c)(6) industry association.
U.S. Sens. Angus King, I-Maine, and Tom Coburn, R-Okla., have introduced a that would strip the NFL and other wealthy leagues of their tax-exempt status.
The league the change, saying it does pay taxes on all of its revenue, as all 32 member teams are required to pay taxes.
What do you think? Should the NFL be stripped of its tax-exempt status? Vote in our poll at right.
