From each according to his ability, to each according to his needs.
-- Karl Marx/1875
The N.F.L. evenly divides all of its national revenue — from broadcast contracts, merchandise sales, sponsorships and so on — among its 32 teams, regardless of their performance. That money makes up about 75 percent of each team's revenue, creating financial parity.
-- Ken Belson Kevin Draper/2023 [my emphasis]
It's been widely known that most professional sports teams make money for their owners, if only by providing generous write-offs to the owner's overall tax liability. But here is a detailed exposition of the extent of it in football; both versions. This welfare for the mostly, if not entirely, MAGA crowd, who bitch incessantly about lay-about Black folks.
20 March 2023
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