Quote Originally Posted by Money227 View Post
1. No, they don't get TV revenue.

2. Their "investment" revenue is mostly interest. 501(c)(6) organizations can absolutely place their money in investments. They just need to be primarily supported by membership dues and other revenue related to its exempt purpose (which the NFL obviously is).

3. Player fines are donated to charity. Coach/club fines are reported as revenue.
They collected $7 Billion in TV revenue last year ....

http://www.bloomberg.com/news/2013-0...n-economy.html

That was split amongst the teams. Perhaps we're arguing the same thing here and saying it in different ways.

And no, they cannot invest in the sense you're speaking of. They can use procured funds to improve business conditions (i.e. invest in themselves via hire refs, supply them new equipment, etc) but they cannot make a stock investment or anything similar. That crosses the line the IRS calls the "Line of Business".