Kings stay kings NFL takes $14 Billion with a B in Revenue in 2016
This Number is according to Daniel Kaplan of the Sports Business Journal. That is a increase of one billion dollars from the years past. They made the extra billion this year off of TV rights deals for the amazing football on Thursday. The deal made it so the games can be on CBS and NBC.
Most likely they will see another big jump next year with the opening of the new stadiums in LA and Las Vegas. Rodger has stated that his main goal is to get it up to $25 billion by 2027.
To put this in perspective the $14 billion is split up 33 ways including the league office. I’m not a math guy, but that means each team will take home $424 million dollars each for last season. This is the main source of money that all of the teams use to run the business each year. This year’s cap hit is $167 million dollars. That means that team has $257 million to run their business. That will cover all of the salaries for every employee on the team and since nobody really owns the stadiums besides some cost for rent and maybe utility costs. If I was a betting man that means they have a shitload of money left over.
Now this money after all of the costs still doesn’t factor in all of the money they make the day of the games. The concession money, the costs for parking, and I’m guessing apparel sales to all made during game day. Hey, remember in the beginning of the year when we said that football play sucked? They were laughing all the way to the bank.