The vast majority of NFL owners bought their clubs long before limited liability companies became popular. If corporate owners were not tempted before to have a pass-through entity, the newly minted Tax Cuts and Jobs Act dangles a robustly larger carrot. The Act provides an exception for taxpayers with taxable income of $315,000 or less, but NFL owners would certainly generate income above that threshold. But early year returns under the Act will not generate huge savings for NFL owners who receive corporate dividends and distributions. Yes, NFL teams under corporate ownership will have only have a 21% rate for 2018 on corporate income.

Source: Forbes December 24, 2017 17:19 UTC