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The NFL is renouncing its unique (and "largely symbolic") 503(c)6 nonprofit status after 50 years, which media interprets as allowing commissioner to hide salary.

"In a largely symbolic move, the NFL is giving up its nearly 50-year-old tax-exempt status, league officials announced Tuesday. The move extends to the league itself, which had been listed as a nonprofit trade group under Section 501(c)(6) of the tax code since 1966, and not the 32 teams that make up pro football, which are already taxed. The vast majority of the NFL’s $9.5 billion revenues go to those teams, as NFL Commissioner Roger Goodell noted in a letter to owners and members of Congress announcing the move that was reported by Bloomberg." -- Jeremy Stahl, Slate.com

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