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A member of the New England Patriots hoists the Vince Lombardi Trophy after defeating the Seattle Seahawks in Super Bowl XLIX at University of Phoenix Stadium on Feb. 1, 2015. (Photo by Mark J. Rebilas/USA Today Sports/Reuters)

NFL to give up its tax exempt status

The National Football League is giving up its tax-exempt status, which Commissioner Roger Goodell called a "distraction."In a letter to team owners, Goodell says the league office and its management council will file tax returns as taxable entities for the 2015 fiscal year. Goodell says the NFL has been tax-exempt since 1942, though...

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