Pages

Sunday, September 20, 2015

Sunday Business


In light of the fact that it is Sunday id like to focus on the only business who's busiest day is on Sunday. A business that most people don't view as a business... the NFL. Even though most don't always recognize the world of sports as a business, it is one of the most interesting business's of all. Due to the fact that the NFL is the most popular league of sports in America there is always opportunity for growth and change in this industry.

The average net worth of an NFL team is 2 billion dollars and atop the list is the Dallas Cowboys. Jerry Jones (owner) and "America's Team" are currently the most valuable franchise in sports at a net worth of 4 billion dollars and that is  just for the general operations for one of the 32 teams in the league. According to an article in USA today, Roger Goodell (NFL commissioner) held a meeting in 2010 with all the leagues owners in which he announced his goal to triple the revenue of the league in just seventeen years. If he succeeds the revenue of the NFL would match the revenue of gross domestic products of numerous small countries.

Whether you are part of the franchise, president, GM, Concessions, player or even just your average draft kings expert you are part of this incredible business. What most people don't notice is how in depth the everyday business of the NFL is, especially for the players who put their jobs on the line every day out on the field. In no other legal business can people be bought and sold on a market. The world of football and sports in general is truly amazing and unique in a way that cannot be matched.

Sports, Brent Schrotenboer. "NFL Takes Aim at $25 Billion, but at What Price?" USA Today. Gannett, 05 Feb. 2014. Web. 23 Sept. 2015.                         

3 comments:

  1. I agree that the NFL is a huge business. You evoked me to think about how college football could technically be considered a business too. The money they put into these programs and the way they sell tickets is similar to the way the NFL or other corporations conduct work, which is a little weird to think about.

    ReplyDelete
  2. Yes, the only difference is that college players don't get paid. That, however, is an entirely different story that can be debated for both ways.

    ReplyDelete
  3. Yes, the only difference is that college players don't get paid. That, however, is an entirely different story that can be debated for both ways.

    ReplyDelete