Recently, the National Football League (NFL) announced it was giving up its nonprofit status. This is a much-coveted designation because it exempts the entity from taxation. Continue reading Why the NFL and other professional sports don’t deserve nonprofit status
Economics of Football
Whose College Football Team is More Profitable: OSU’s or Oregon’s?
Wow, on January 1st in New Orleans the Buckeyes toppled the number one ranked team, Alabama, in the Sugar Bowl. This is great news since Ohio State’s team is going to play in the first national championship on January 12th against the University of Oregon’s “Mighty Ducks.” This will clearly boost applications, increase local pride and help with donations. Sports writers and bloggers around the country have begun comparing the two teams’ offenses, defenses and famous supporters. As an economist my thoughts naturally wandered towards money. I wondered which football team is more “profitable?” Continue reading Whose College Football Team is More Profitable: OSU’s or Oregon’s?