Tepper’s $2.3 Billion NFL Purchase Comes With a “Wacky” Tax Perk


James Cundiff noted that the new tax law limits the amount of losses from one business that can be used to offset a wealthy taxpayers’ salary or investment income, and changes the rules on how losses can be carried over from year to year. Overall, the tax law is “favorable for paying up for a sports team,” he said. “But some of these changes at the edges can be painful.”