Costly Loss for Sports Team Owners Embedded in Trump Tax Bill

Donald Trump attending a game between the NFL Pittsburgh Steelers and the New York Jets in Latrobe, Pennsylvania.Photographer: Evan Vucci/Getty Images

The owner’s box could soon be less opulent.

A lucrative tax break that sports team owners can use to shelter billions of dollars of income would be halved in value under House Republicans’ draft legislation to enact Donald Trump’s signature tax plan.