Madden 24 coins has received tax exempt status due to it being to be a "trade organisation" and the teams technically take the profits the league generates, then return it to the league in dues. The teams are tax-paying, but the league itself doesn't. But, claiming that the Madden NFL 24 will be similar to a union or a charity is patently absurd. Although nonprofit organizations are able to make claims that they are legitimate ones However, the Madden NFL 24 nonetheless reported almost $9 million in 2012. The league reported nearly $327 million in total revenue , and also paid Commissioner Roger Goodell $44 million.

But this isn't just an Madden NFL 24 issue. The NCAA, which claims nonprofit status due to its efforts to aid student-athletes and their families, raked in $871.6 million for 2012 and is spending record amounts lobbying to prevent those athletes from receiving any of the money. Even the smallest foot races that contain huge sums of money, which include extravagant trips and pay organizers handily and claim to be nonprofit.

It's time to end the facade.

Tax-exempt status must be provided to organizations that are more than earning a profit, particularly those that seek to assist the public in their mission. Even without mentioning the recent incidents, the Madden NFL 24 has proven that it's solely intent on making money and benefitting itself and its teams. As USA Today pointed out:

"If there's a need for tax exempting business leagues, it will be that they serve the public good of facilitating commerce for everyone within an extensive segment of some kind of business or in general," claimed (Philip) Hackney who is one of the LSU Professor of Law who has previously was an IRS attorney who argued tax-exempt organization issues. "Commerce is crucial for our country and we should be encouraging those who are involved in the field in a public way. These (sports) organizations are, to my mind, aren't public-minded at all in their interest in profit. They have their sights set on the earnings for their franchises."

There is a misguided tendency to see sports organizations as entities that transcend the world of business in the sense that they're dedicated to the greater good. However, in reality, it's nothing more than a mere rumor. It's not true. Madden NFL 24 is not focused on the good of the community and upholding a moral standard. The NCAA is not awash with Buy Madden 24 coins coaches hoping to safeguard athletes from consumerism. Your local marathon is probably not giving more to charity than you believe it does.