NFL Sports Stadiums And Crony Capitalism

NFL Sports Stadiums: Temples to Crony Capitalism by Salmaan A. Khan, Ludwig von Mises Institute

The NFL is running one of its own games on the public, and as one of the most subsidized non-profit organizations in American history, the NFL excels at tackling the American taxpayer. It should be of no surprise that with its religious-like following, the NFL receives the same tax-exempt status as a church, exempted under the IRS 501 (c) 6 code from paying federal taxes. The legislation puts the NFL as a non-profit trade association which it has been under since 1942.

But over the past twenty years, 101 new sports facilities have opened in the United States — a 90-percent...