NFL owners have made millions off obscure tax break

The tax code has been very, very good to sports team owners.
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A little-known tweak to IRS rules in 2004 has allowed new owners to write off nearly all of the purchase Authentic Michael Crabtree Jersey price of their teams against profits over 15 years.

Authentic Marcus Martin Jersey Today, with sports franchise values soaring, some think the tax break should be taken away.

It’s absolutely fiction, Fort said about the 2004 law. There is no depreciation for which owners bear costs.

The logic to getting rid of the law is straightforward and compelling, especially with the growing belief we should not be giving tax breaks to billionaires, Fort said.

Maybe times have changed enough that changing the law might have more traction, Fort said.

The NFL, in the middle of a scuffle with Trump, pointed out that no special tax provision or advantage applies to the NFL alone.

True.

But with the teams with the highest franchise values, the league has the most to lose.

The Bills did not return calls.

And yet kickoff time is suddenly a major factor in the game.

The NFL moved the Bengals-Ravens game and several others from 1 p.m. to 4:25 p.m. to lessen the possibility of matchups becoming meaningless as the day wears on, a fact John Harbaugh did not appreciate, even if he understands the reasoning.
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The Ravens are 16-7 at home in December since Harbaugh took over in 2008, winning the past five games by a combined score of 152-85. Baltimore intends to bolster those numbers against the struggling Bengals, who snapped a three-game skid by defeating Detroit at home Sunday.

We know what’s ahead of us, and we know what’s at stake, Ravens safety Tony Jefferson said. We’re excited about the opportunity. It is always good when your future is in your own hands. We just have to go out and get this one last win, and we are in the dance.

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