Today I learned what happens to NFL fine money....

[Highbinder]

I always wondered where that money went, certainly not to the player that was the victim of the offense, I thought maybe they just kept it and divided it up among the owners....no so...came across this article this morning...

The NFL has a reputation for being a little overzealous in levying fines against its players and coaches. The league fined Chicago Bears wide receiver Brandon Marshall $5250 for wearing green shoes during a game a couple of weeks ago to recognize Mental Health Awareness Week (according to league rules, all uniform changes have to be pre-cleared). And Detroit Lions defensive tackle Ndamukong Suh is paying a record $100,000 fine for an illegal block.

But just where does that money go?

According to the NFL, all money collected from fines goes to charitable causes, including supporting its retired players. In a 2010 statement, the NFL responded to public comments from Pittsburgh Steelers safety Ryan Clark, who publicly challenged the NFL to give back fine money in the event of a player lockout. They clarified that all on-field fines go to the NFL Player Care Foundation—which provides medical, emotional, and financial assistance to retired NFL players—and the NFL Players Association Player Assistance Trust, a fund that helps professional and amateur football players' families in a crisis. The money can also go to various disaster relief and health-related charities backed by the NFL.

Not so terrible...

[BobB]

Well then, Suh and others can write off their fines as charitable contributions on Form 1040.  Not so bad...

[Reb]

You see, all those cheap shots were just a reason to donate to cherity.

[The emperor has no clothes]

You see, all those cheap shots were just a reason to donate to cherity.

Yeah he's just trying to be a good dude

[baldo]

Well then, Suh and others can write off their fines as charitable contributions on Form 1040.  Not so bad...

Suh must really be feeling charitable this year. He'll be missing a game check this week. Will that go toward this or next years tax return?

That guy sure has his own way of doing things....

[dreamaker]

Well then, Suh and others can write off their fines as charitable contributions on Form 1040.  Not so bad...

Kind of interesting that you should mention the 1040!!  The action it self is not fact to my knowledge!!! I for some time have had a concerns and theory about something. Not to mention names, I have gone to major stores, call it store X, to purchase things and at check out the cashier would ask me if I wanted to contribute to a  Z charity, I decline. OK, I have experienced, where some cashiers, kind of try to shame me or embarrass me  into contributing. An old hippy or pan handling trick. One place I went to, if you use a debit or credit card, the very first screen it asks you if you want to donate, you have choices or can click no.  OK!  so what it boils down to, why gets credit. Now think about this, the customer donates additional money to a so called charity, OK, Have you ever heard anything beyond that, like customers of store X contributed this amount of money, or did you hear zip. My question is, does store X collect the money, claiming it is their contribution and write if off their taxes?

[Reb]

Well then, Suh and others can write off their fines as charitable contributions on Form 1040.  Not so bad...

Kind of interesting that you should mention the 1040!!  The action it self is not fact to my knowledge!!! I for some time have had a concerns and theory about something. Not to mention names, I have gone to major stores, call it store X, to purchase things and at check out the cashier would ask me if I wanted to contribute to a  Z charity, I decline. OK, I have experienced, where some cashiers, kind of try to shame me or embarrass me  into contributing. An old hippy or pan handling trick. One place I went to, if you use a debit or credit card, the very first screen it asks you if you want to donate, you have choices or can click no.  OK!  so what it boils down to, why gets credit. Now think about this, the customer donates additional money to a so called charity, OK, Have you ever heard anything beyond that, like customers of store X contributed this amount of money, or did you hear zip. My question is, does store X collect the money, claiming it is their contribution and write if off their taxes?

I agree with you. I always thought about that everytime I'm at Best Buy and asked to donate a buck to some cause or charity. So when they collect a buck from X amount of people, does Best Buy then donate that and say they gave so much money to so and so for a marketing stunt. Its the easiest way to claim giving a donation but not actually giving a ounce of your profits away... I never donate because of that very point.

[dreamaker]

Well then, Suh and others can write off their fines as charitable contributions on Form 1040.  Not so bad...

Suh must really be feeling charitable this year. He'll be missing a game check this week. Will that go toward this or next years tax return?

That guy sure has his own way of doing things....

Something not right about that guy, people just don't stomp and kick to mam people.  He has done some crazy sh*t on the road here to people. I use to work with a couple guys like that and trust me they are scary, pissed at a drop of a hat, waiting for them to snap.  These use to work out all the time, one of them use take steroids and the other one use to take this crap called Yohimbe bark, they quit taking that crap and they became normal again.

[Serk]

I'd suspect the NFL itself was using this as a tax loophole except that somehow, the NFL has gotten a tax exemption by act of congress so they don't need any loopholes...

*Grumble grumble*

[baldo]

I'd suspect the NFL itself was using this as a tax loophole except that somehow, the NFL has gotten a tax exemption by act of congress so they don't need any loopholes...

*Grumble grumble*

That exemption is definitely a scam of the highest order....I gave up my seasons tickets after 10 years because of a 20% price increase one year.

[RDAbull]

Well then, Suh and others can write off their fines as charitable contributions on Form 1040.  Not so bad...

It's a good thing he needs the write-off now because two years after he retires he will be bankrupt.

Kind of interesting that you should mention the 1040!!  The action it self is not fact to my knowledge!!! I for some time have had a concerns and theory about something. Not to mention names, I have gone to major stores, call it store X, to purchase things and at check out the cashier would ask me if I wanted to contribute to a  Z charity, I decline. OK, I have experienced, where some cashiers, kind of try to shame me or embarrass me  into contributing. An old hippy or pan handling trick. One place I went to, if you use a debit or credit card, the very first screen it asks you if you want to donate, you have choices or can click no.  OK!  so what it boils down to, why gets credit. Now think about this, the customer donates additional money to a so called charity, OK, Have you ever heard anything beyond that, like customers of store X contributed this amount of money, or did you hear zip. My question is, does store X collect the money, claiming it is their contribution and write if off their taxes?

They don't write it off of their taxes, but they do get all of the publicity and their executives get to go to all of the parties and dinners that you paid for with the accumulated 1 dollar donations.
I support several charities, but will never get cajoled into these types of donations