Tuesday, December 8, 2015

What an NFL teams city does to their value

In this blog post I set out to see if the city that an NFL team is based out of, affects their overall value. I found an article in USA Today titled Football's back: NFL is a key player in the economy  written by Paul Wiseman to look deeper into what the city does for its franchise.
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This article was written shortly after the NFL Players Association and the NFL reached an agreement to end the lockout in 2011. It talks about how “they didn't just save the football season. They saved the most profitable sport in America, the most popular show on TV and billions of dollars that would have disappeared from the economy”(Wiseman). Not only does it help the team, but the “110,000 jobs in NFL cities”. So not only do the cities help their teams but the teams definitely help the city as well. They also go on to discuss that “together, the games add about $5 billion to the economies in NFL cities” and that it helps support its city very well if there is an NFL team in that city alone. So it is almost an alliance that an NFL team has with its city, they both equally help support each other by both doing there job. Also another thing that the NFL looks into if any team were to move cities is they look into see how big the cit is and if their fan base would be enough to support and NFL team. So it is definitely a factor for team and helps contribute to there value in multiple different ways.

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