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The Impact Of The NFL On The Economy

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The National Football League (NFL) has been around for over ninety years making it the third longest active sport around. Football is most popular sport in the United States, therefore it impact the U.S. economy. The NFL makes over billions of dollars each year, so it has a huge impact on the economy. Other than being the most popular sport, it is also the most profitable sport. .
When the NFL and players struck a deal to end the league’s lockout, they didn’t just save the football season, they saved billions of dollars that would have disappeared from the economy. They saved thousand of jobs that the league supports in NFL cities. If the lockout wouldn't have ended a lot of people would have been out of jobs and the unemployment rate would have gone up. With a high unemployment rate the economy slowly goes down. We can't have that happening because then the U.S. will be going down the drain. …show more content…
Until the broadcast contract ended in 2013, the television networks CBS, NBC and Fox as well as cable television's ESPN paid a combined total of $20.4 billion US dollars to broadcast NFL games. I don't know, but that seems like a large amount of money. With that money you can buy anything in the world. Anyways back to the point, with that money the NFL will be able to keep operating because the networks are paying for services and that adds wealth to the NFl because their value goes up. Reason for it because wealth comes from creating value. Then when the NFL gets the money, they are able to hire people to work and pay for other services and/or

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