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The Business of the NFL

THE BUSINESS OF THE AFS As the most popular of the four major American professional sports leagues, the NFL is an industry unto itself. That's more than the national GDPS of Afghanistan $37.4 billion Cambodia Combined value of NFL's Nicaragua 32 teams Jamaica and more than other 115 countries. The value of the NFL's richest team, the Dallas Cowboys, is enough to ... %24 AB SNAP ..- pay the monthly SNAP food assistance amount for 17 million Americans .buy an iPhone 5C for nearly every person in the state of Texas - buy the five lowest-value Major League Baseball teams, the Miami Marlins, . hire more than 65,000 new elementary school teachers Pittsburgh Pirates, Oakland Athletics, Kansas City Royals and Tampa Bay Rays BUYING AND WATCHING One reason why the NFL has so much money is Americans can't seem to get enough of it. AT THE GAME Average cost per game: $78.38 $7.28 $4.57 $4.84 $27.35 $4.06 $21.38 Ticket Beer Soda www Hot dog Parking Program Hat S3 billion $2.8 billion the previous year Total NFL merchandise sales in 2011, up from MERCHANDISE Best-selling jerseys on NFLShop.com (through June): 18 Colin Kaepernick Russell Wilson Robert Griffin III Adrian Peterson Peyton Manning TV What the networks pay annually for broadcast rights: Through 2013 season 2013-2020 $622.5 $712.5 $650 million $1.1 billion $1 $1.1 $950 $1.9 billion million million billion million billion CBS Fox NBC ESPN CBS Fox NBC ESPN .... .. For the first week of the 2013 season, football provided the top three most-watched shows, and four of the top 10. Among those shows was NBC's rain-delay programming, which beat eight other shows that week. Most watched TV broadcasts ever: Super Bowls account for the 21 highest rated broadcasts in U.S. history in total viewership. 2012: Super Bowl XLVI (Giants-Patriots) 166.8 million 2013: Super Bowl XLVII (Ravens-49ers) 164.1 million 2011: Super Bowl XLV (Packers-Steelers) 162.9 million 2010: Super Bowl XLIV (Colts-Saints) 153.4 million 2009: Super Bowl XLIII (Cardinals-Steelers) 151.6 million NO PLACE LIKE NEW HOME As the NFL becomes more and more profitable, new stadiums become more and more common, usually on the backs of the public. Of the 20 NFL stadiums built or renovated since 1997, all but one have used taxpayer money. TEAM YEAR BUILT TOTAL COST PERCENTAGE OF PUBLIC FUNDS New York Jets/Giants $1.6 0%* 2010 billion $1.2 28.6% Dallas 2009 Cowboys billion 40% Philadelphia Eagles $474 2003 million $455 67.7% Arizona 2007 Cardinals million $365 Denver 2001 68.4% Broncos million $424 73% Houston 2002 Texans million $290 Cleveland 74.7% 1999 Browns million Pittsburgh Steelers $357.5 78.7% 2001 million Indianapolis Colts $720 2008 86% million * New Jersey Sports and Exposition Authority has $100 million in debt from old stadium, and new stadium was built on public land The Minnesota Vikings are building a new $950 million stadium, the cost of which will be about evenly split between the team and the taxpayers. The Atlanta Falcons are in planning stages on a new stadium that would be finished in time for the 2017 season. The total cost is estimated to be as high as $1 billion, some of which would be provided by taxpayers. PLAYER INCOME While many NFL players are very highly paid, they have some of the lowest compensation figures in pro sports-and the shortest careers on average. Average annual salary Average career length Average total career earnings $25 million $17.9 $13.2 $6.7 4.8 years million million million 3.5 years $19 5.6 5.5 $5.2 years years $3.2 $2.4 million million million million NBA MLB NHL NFL AND ALL THIS ADDS UP TO NO PROFIT? Believe it or not, the NFL is a 501(c)(6) organization, meaning the league itself is tax-exempt. The league's 32 teams pay taxes on the profits they earn, but the league office itself doesn't. Other examples of such groups include chambers of commerce, real estate boards and other trade groups. 214,000 How many of those will be paid billions by TV networks for the rights to air their events? Signers of a Change.org petition to call on the U.S. Senate to ENTERPRISE revoke the league's nonprofit HE SPIRIT OF status NFL CHAMBER OF $29.5 million 2011 compensation for NFL Commissioner Roger Goodell That means Goodell is paid more than the CEOS of Target ($29M), AT&T ($26M), News Corp ($25M) and dozens of other billion-dollar companies. SOURCES: http://www.forbes.com • https://www.cia.gov. http://store.apple.com • http://www.fns.usda.gov http://money.usnews.com • http://blog.pennlive.com • http://www.nflshop.com • http://articles.latimes.com http://www.nielsen.com • http://fangsbites.com • http://www.charlotteobserver.com• http://www.ramfg.com http://blogs.mprnews.org • http://www.fancostexperience.com financedegreecenter.com S THE COMMERC

The Business of the NFL

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Mascots, cheerleaders, and face-paint: What do these things have in common? Football! And America’s favorite sport is one of the largest in the nation, valued at over 37.4 billion per year. That a...

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