Tuesday, December 8, 2015

What determines the value of an NFL team


I started off this project set out to seek what determines the value of an NFL team and to see why they are so much more valuable than other pro sports. Throughout my past blog posts I researched into different factors that contribute to an NFL team value.
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  • I first researched into why NFL teams are some of the most profitable sports teams in all of sports. I compared the values of NFL teams to MLB teams. One really interesting statistic I found in that was that all of the NFL teams values added would be $45.7 Billion dollars which is more than all of the teams in the MLB and the NBA combined which is insane to think about.
  • Secondly, I researched into how much NFL teams make off their stadiums each year to see how much that contributes to their values. I found that one team, the Dallas Cowboys (The most profitable NFL team) earned $100 million in one year just off of signage and advertising in their stadium. Also that the New York Giants usually make around $75 billion a year from luxury suite seating alone. It truly was some unreal stats that I found on how much money a stadium can make its team.
  • Thirdly, I researched into what a players salary can do for their team.. I found that it is kind of an alliance that the more the team is worth the more they pay for better players, also that if you have a huge contract player that will draw in fans and raise the popularity of that given team.
  • Lastly, I research into what cities can do for there teams value and I found it to be similar like the players. That the city is a huge factor, and that the more the city does for their team results in more of what the team can do for their city and that overall boosts the value of the team as whole. So all in all I discovered all the factors that determine the value of an NFL team and how profitable of a business the NFL as a league and separate team are overall.

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