2007-01-26 15:27:34 · 13 answers · asked by osunumberonefan 5 in Sports ➔ Football (American)
Three sources of revenue:
1. TV Network contracts with the NFL (the money is distributed among the teams)
2. Merchandising (licensing of team name and colors to sellers of jerseys and other crap)
3. Game tickets and concessions at the stadium
It all ads up, big time
2007-01-26 15:52:11 · answer #1 · answered by KevinStud99 6 · 0⤊ 0⤋
The NFL has a TV contract of something like 1-2 billion dollars per year. This money, along with proceeds from NFL licensing, NFL.com, sunday ticket, and other sources, is put in a pool and divided up equally among the teams, and ends up being more than ticket sales/concessions - I believe it has been around 50-70 million in recent years. The salary cap is based on the size of this allocation.
2007-01-26 15:50:30 · answer #2 · answered by gamboolitup 2 · 0⤊ 0⤋
A player's salary, as defined by the CBA, includes any "compensation in money, property, investments, loans or anything else of value to which an NFL player may be awarded" excluding such benefits as insurance and pension. A salary can include an annual pay and a one-time "signing bonus" which is paid in full when the player signs his contract. For the purposes of the salary cap (see below) the signing bonus is prorated over the life of the contract rather than to the year in which the signing bonus is paid. Player contracts are not guaranteed; teams are only required to pay on the contract as long as the player remains a member of the team. If the player is cut, or quits, for any reason, the balance of the contract is voided and the player receives no further compensation. Among other things, the CBA establishes a minimum salary for its players Players also receive a wide variety of fringe benefits including pre-season pay, life, dental and medical insurance, severance pay, disability benefits, and pension coverage which they put in money from their salaries into.
2016-03-29 04:27:21 · answer #3 · answered by Irene 4 · 0⤊ 0⤋
The last answer hit the nail on the head. EVERY team in the NFL is guaranteed a profit because of the TV contarct regardless of whether they ever sell a ticket. Add in the fact that the players are not paid during the preseason but the owners charge regular prices for these games and keep the profits. This is one of the main reasons that the preseason will not be shortened anytime soon.
2007-01-27 05:32:32 · answer #4 · answered by turkey 4 · 0⤊ 0⤋
Obviously you've never heard about the MULTI-BILLION dollar television deals (yes, multiple deals) that the NFL has. It then splits up that money evenly among all of the teams (thank the New York Giants and Wellington Mara for that). They get something close to $100 million each before they sell a single ticket.
2007-01-27 01:31:46 · answer #5 · answered by lupin_1375 5 · 0⤊ 0⤋
Of course. All the merchandise, the money for jerseys, hats, bobbleheads, that's all going to the team. All the stuff they sell at the games like parking and food. They get media contracts from TV networks to televise their games. Obviously they make just wreak in the money if they make the playoffs. And if they win the Super Bowl they get to sell all the Super Bowl shirts and hats and stuff.
2007-01-26 15:36:18 · answer #6 · answered by Anonymous · 0⤊ 0⤋
Five bucks for a 25 cent hot dog or a 50 cent beer? Let's see, 45 bucks for the cheap seats times 80000 people... Yeah, must be from bake sales or something.
2007-01-26 15:38:14 · answer #7 · answered by sparkletina 6 · 0⤊ 0⤋
Like they said, the majority of their money comes from the huge tv contracts with fox and cbs. they share that money among all the teams.
2007-01-26 18:10:59 · answer #8 · answered by Aaron 2 · 0⤊ 0⤋
Among a multitude of revenue producing enterprises, television rights bring in a penny or two.
2007-01-26 15:56:27 · answer #9 · answered by badbill1941 6 · 0⤊ 0⤋
Endorsements?
2007-01-26 15:31:49 · answer #10 · answered by Lalalalalala 5 · 0⤊ 0⤋