Introduction
Kevin G. Quinn ()
Additional contact information
Kevin G. Quinn: St. Norbert College
Chapter Chapter 1 in The Economics of the National Football League, 2012, pp 1-3 from Springer
Abstract:
Abstract The National Football League (NFL) is nearly a $10 billion/year business that generates about The National Football League (NFL) is nearly a $10 billion/year business that generates about $1 billion in operating profit, and its 32 franchises are estimated to be worth more than $30 billion. To put these figures in perspective, the NFL’s annual revenue is about equal to one-fortieth of Walmart’s, the top grossing company on the Fortune 500 list, and about the same as Whole Foods Markets’ (#273) (CNNMoney 2011). The value of all of its franchises is about one-fiftieth of Exxon/Mobil’s market capitalization (#1 in the world, according to Financial Times) and about equal to Sony’s (#269) (Financial Times 2011). billion in operating profit, and its 32 franchises are estimated to be worth more than $30 billion. To put these figures in perspective, the NFL’s annual revenue is about equal to one-fortieth of Walmart’s, the top grossing company on the Fortune 500 list, and about the same as Whole Foods Markets’ (#273) (CNNMoney 2011). The value of all of its franchises is about one-fiftieth of Exxon/Mobil’s market capitalization (#1 in the world, according to Financial Times) and about equal to Sony’s (#269) (Financial Times 2011).
Keywords: National Football League (NFL); Total Operating Profit; Annual Revenue; CNN Money; Sports Economics (search for similar items in EconPapers)
Date: 2012
References: Add references at CitEc
Citations:
There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it.
Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.
Export reference: BibTeX
RIS (EndNote, ProCite, RefMan)
HTML/Text
Persistent link: https://EconPapers.repec.org/RePEc:spr:semchp:978-1-4419-6290-4_1
Ordering information: This item can be ordered from
http://www.springer.com/9781441962904
DOI: 10.1007/978-1-4419-6290-4_1
Access Statistics for this chapter
More chapters in Sports Economics, Management, and Policy from Springer
Bibliographic data for series maintained by Sonal Shukla () and Springer Nature Abstracting and Indexing ().