It's been reported that Madden NFL 24 has received tax-exempt status due to the fact that it's a "trade organization" Madden 24 coins and the teams technically get the money that the league earns and return it to the league in dues. The teams have to pay taxes, but the league itself does not. However, to suggest that Madden NFL 24 will be equivalent to a labor union or charity is simply absurd. Even though non-profit organizations can declare the majority of their expenses as legitimate The Madden NFL 24 was able to report almost $9 million in 2012. The league reported nearly $327 million in revenue total and paid Commissioner Roger Goodell $44 million.

But this isn't just an Madden NFL 24 problem. The NCAA also claims non-profit status because of its efforts to assist student-athletes to improve their performance, collected $871.6 million in 2012 and is currently spending record amounts of lobbying to keep those same athletes from getting the money. Small foot races, which are awash with huge amounts of money, make extravagant trips , and pay organizers a hefty sum have claimed nonprofit status.

It's time to end the fa?ade.

Tax-exempt status must be granted to those who have a goal other than making a profit, in particular ones that are trying to help the general public in their efforts. In spite of this week's instances, Madden NFL 24 has proven that it's only focused on turning a profit and benefiting itself and its teams, as USA Today pointed out:

"If there's a rationale of tax exempting businesses, it would be that they have the general purpose of supporting commerce across the broad spectrum of a type of business or business all around," explained (Philip) Hackney who is one of the LSU lawyer who was an IRS attorney litigating exempt-organization tax issues. "Commerce is crucial to our nation,buy mut coins and we should encourage those working on it in a public manner. These (sports) organizations, in my opinion, do not have a public minded approach to their interest in profit. They are focused on making money of their franchises."