Madden NFL 24 has proven that it's only focussed

However, this isn't a Madden NFL 24 issue. The NCAA who claims to have a nonprofit status due to its efforts in helping student-athletes to improve their performance, collected $871.6 million for 2012. and is spending record amounts lobbying efforts to block those athletes from getting any of the funds. Small foot races, which have huge sums of money, take extravagant trips , and pay organizers a hefty sum have claimed nonprofit status.

It's about time to get rid of the façade.

Tax-exempt status is supposed to be provided to organizations that serve a greater purpose than making money, especially ones that attempt to aid the public in their mission. Even without mentioning the recent issues, Madden NFL 24 has proven that it's only focussed on making money as well as benefitting its teams, as USA Today pointed out:

"If there is a justification for providing tax exemption to business leagues, it would be they operate for the public interest of helping commerce across an extensive segment of some type of business or business all around," said (Philip) Hackney, the LSU faculty member who previously worked as an IRS attorney litigating exempt-organization tax questions. "Commerce is vital to our country, and we should support those who are engaged in this field in a very public manner. These (sports) organisations have my opinion that they are not public-minded, despite their profit interest. They are focused on the financial success associated with their franchises."

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25/07/23 07:43

25/07/23

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