Talk of The Villages Florida - View Single Post - David Feherty to LIV golf “for the money”
Thread: David Feherty to LIV golf “for the money”
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Old 08-12-2022, 05:48 AM
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Quote:
Originally Posted by Vikingjunior View Post
I just realized because of all this LIV drama that the PGA Tour has a tax exemption not for profit and doesn't pay a dime in taxes. It's the only professional sport with such a sweet deal.
They had a net of over a billion dollars last year and the commissior makes $10 million a year. At least LIV pays U.S. taxes. Hopefully with the additional 87,000 IRS agents they can look into the Tours crazy tax fee ride.
Anyway good for David he has always been down to earth.
So, the commissioner makes 10 M, so what? What does a top ranked college football coach make? What does the chairperson of the United Way make? What does a lobbyist for a non-profit make? I assure you they are not showing A PROFIT of 1B, they'd lose their non-profit status in a millisecond.