Thread Rating:
  • 1 Vote(s) - 4 Average
  • 1
  • 2
  • 3
  • 4
  • 5
$309.2m
#19
I cannot speak specifically to NFL teams as to how they handle losses and if they are true losses or not. I know for fact about how some very large businesses handle their losses. This is fist hand from the CEO of a major company in the United States. In the years that they take a loss, they do not have to claim the entire loss or even claim the loss that year. They can push that forward so that in a year where they make record profits, they can offset their taxes by using some of that "saved loss" to lower tax implications.

I've been in on the meetings, I've seen the paperwork, I've seen how it's been handled. I know for a fact this happens with multi-million dollar businesses. Again, that may not relate to the NFL and NFL teams/owners may have to follow different rules. So maybe NFL teams reported losses are their actual reported losses. With the loss of so much revenue last season, that could be legitimate.
[Image: 4CV0TeR.png]
Reply/Quote





Messages In This Thread
$309.2m - TheLeonardLeap - 07-27-2021, 12:37 PM
RE: $309.2m - Whatever - 07-27-2021, 12:45 PM
RE: $309.2m - Stewy - 07-27-2021, 12:53 PM
RE: $309.2m - Wes Mantooth - 07-27-2021, 01:47 PM
RE: $309.2m - Frank Booth - 07-27-2021, 02:01 PM
RE: $309.2m - Stewy - 07-27-2021, 02:20 PM
RE: $309.2m - Wes Mantooth - 07-27-2021, 02:33 PM
RE: $309.2m - Stewy - 07-27-2021, 06:09 PM
RE: $309.2m - Wes Mantooth - 07-27-2021, 06:44 PM
RE: $309.2m - Synric - 07-27-2021, 12:54 PM
RE: $309.2m - CoachGeorge - 07-27-2021, 01:33 PM
RE: $309.2m - Synric - 07-27-2021, 01:37 PM
RE: $309.2m - CoachGeorge - 07-27-2021, 02:04 PM
RE: $309.2m - TheLeonardLeap - 07-27-2021, 02:56 PM
RE: $309.2m - CoachGeorge - 07-27-2021, 03:07 PM
RE: $309.2m - TheLeonardLeap - 07-27-2021, 03:55 PM
RE: $309.2m - Bengalstripes9 - 07-27-2021, 12:54 PM
RE: $309.2m - Sled21 - 07-27-2021, 01:00 PM
RE: $309.2m - XenoMorph - 07-27-2021, 01:00 PM
RE: $309.2m - Sled21 - 07-27-2021, 01:04 PM
RE: $309.2m - Whatever - 07-27-2021, 02:38 PM
RE: $309.2m - pally - 07-27-2021, 01:39 PM
RE: $309.2m - bfine32 - 07-27-2021, 01:42 PM
RE: $309.2m - muskiesfan - 07-27-2021, 02:53 PM
RE: $309.2m - Essex Johnson - 07-27-2021, 04:25 PM
RE: $309.2m - Wes Mantooth - 07-27-2021, 04:46 PM
RE: $309.2m - Essex Johnson - 07-27-2021, 06:04 PM
RE: $309.2m - Whatever - 07-28-2021, 01:25 AM
RE: $309.2m - Wes Mantooth - 07-28-2021, 01:44 PM
RE: $309.2m - Whatever - 07-29-2021, 01:27 AM
RE: $309.2m - pally - 07-27-2021, 05:11 PM
RE: $309.2m - Wes Mantooth - 07-27-2021, 05:49 PM
RE: $309.2m - Go Cards - 07-27-2021, 08:06 PM
RE: $309.2m - WeezyBengal - 07-28-2021, 09:48 AM
RE: $309.2m - Au165 - 07-28-2021, 11:03 AM
RE: $309.2m - ochocincos - 07-28-2021, 01:25 PM
RE: $309.2m - Sled21 - 07-28-2021, 01:28 PM

Forum Jump:


Users browsing this thread: 3 Guest(s)