Green is the only real color that seems relevant in the world of sports this day in age, and the National Football League has had great experience with that color in recent times.
Today it was revealed through the Green Bay Packers that the 32-NFL teams split $6 billion in revenues last season, according to ESPN.com. The Packers released their financials today and claimed they received $187.7 million in revenue. Getting to the $6 billion is easy when realizing they represent one of 32 teams.
Most of the money that the league divides consists of its monster television revenue which is equally shared. This concept, which was unselfishly spear-headed by former New York Giants late owner Wellington Mara, has taken the NFL into the stratosphere of popularity.
Packers president and CEO Mark Murphy said that total revenue jumped 4.3 percent from the prior season, according to Yahoo.com. In fact, since 2006, the league’s total revenue has rose an incredible 56 percent.
The machine that is the NFL keeps on growing. This upcoming season we will see the biggest jump as the new Thursday Night programming goes to new partners in CBS, which will push the league’s media-revenue to an incredible $5 billion. This does not include the $1 billion DirecTV contract which expires after this upcoming season.
So as the NBA and LeBron James dominate the headlines this summer, just remember who is king in this country: it is the NFL.