How NFL Makes its Money?
Many sports fans know this saying—there’s the NFL and then there’s everyone else. That’s how mighty and dominant the National Football League is compared to other sports. With the market, dominance comes vast revenues.
So today let us get to know how n f l makes billions of dollars per year from the following sources.
Huge TV Deals
The NFL is heavily invested in TV deals, both at national and local levels, But there are good reasons for this.
As an example, 19 of the 20 most viewed TV shows in US history are Super Bowl Games, Naturally, that means the NFL deserves to get paid big bucks–$3.1 billion a year from CBS, NBC, and Fox , Together, these brands will have paid the league $39.6 billion by the time their joint contract expires in 2022.
ESPN by contrast paid $15.2 billion in 2014 to broadcast Monday night football until 2021. In the same style, Fox has a $3.3 billion contract to air Thursday league games from 2018 to 2022.
Amazon wants a bigger share after netting a one game per year deal, As a result, experts project the next TV deals could be worth as much as $5 billion per year.