The National Football League has been an American icon for generations and continues to gain popularity season after season. Their shield logo is recognizable to just about anyone and you couldn't walk through a grocery store early on a Sunday morning without sighting someone sporting their team's jersey with a full bucket of chicken wings in their shopping cart. This game has become more than a game, but also a way of life. A game that thousands can rally behind and also clash over bitter rivalries. It brings friends together every week over its five month season and causes heartbreak over the seven month offseason. This game should be pure, because of everyone’s sheer adoration for the sport yet the league finds a way to bring in an absurd profit and continue to charge a fortune for fanatics like me to see their team play.
The NFL has become a true monopoly of the sports world and continues to bring in more and more money. The mystery of how they do it has become increasingly clear as highlighted in the past blog posts I produced. One large element to their success is their television sponsorships and contracts. These networks have paid top dollar in order to get their rating up thanks to the sport and only helps get the league more exposure and recognition across the nation and even global air time.Of course, along with people tuning in 3 days out of the week, they also will go to see them play in person. With rising prices in this field of the game as well, it only makes sense that their profits come from here too. With the fame comes apparel sales both at the games, in stores, and online. With all this coming from a licensed retailer, This leads to an even higher source of income.
In conclusion, the league is also gaining profits from a rather unfair advantage. By declaring themselves as a non for profit organization, they end up saving millions in what would be paid off in taxes. They also find ways to trick the government by escaping bankruptcy. Overall, the NFL has proven to be increasingly profitable through reasons spanning from ticket sales to licensed jerseys and hats and continue to expand their target markets as the league moves forward into their 50th season.
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