Story perspectives
Tax Bill Saves Sports Owners Millions, Trump Weighs In
7/7/2025
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Story summary
- The final tax bill signed into law omitted a provision limiting tax write-offs for sports owners.
- The Senate eliminated a proposed change reducing the write-off of intangible assets from 100% to 50%.
- This tax break could save sports owners hundreds of millions of dollars.
- President Trump emphasizes fairness for fans over preferential treatment for team owners.
- Trump's previous interest in purchasing an NFL team may shape his views on NFL owners.
