<blockquote>And USOC paid its senior staff handsomely. A dozen of its top executives made $250,000 or more in 2012, and its CEO, Scott Blackmun, received $965,000. After all that, it still had nearly $100 million in surplus revenue.

To be fair, USOC isn’t the only sports behemoth to enjoy tax-exempt status. The National Football League, the National Hockey League, the Professional Golfers Association, and other big-bucks professional sports leagues are also tax-exempt–though under a different code subsection than USOC. Last year, Sen. Tom Coburn (R-OK) <a href="http://blogs.rollcall.com/wgdb/coburn-seeks-to-end-professional-sports-league-tax-exemption/">introduced a bill</a> to take away the tax-exemption for the pro outfits. It has gone nowhere.</blockquote>
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