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TV is the NFL’s golden goose, but gambling and streaming show potential.
A consequence of the ongoing financial crisis has been a virtual standstill in the average wages earned by American workers. Some of the lowest paid workers, including employees of retail giant Wal-Mart and fast-food gargantuan McDonalds are the most recent high-profile recipients of across-the-board pay hikes. Nonetheless, the income inequality gap is huge — and growing. Some of the obvious beneficiaries, such as CEOs of major corporations, draw compensation that drives much of the wage gap. But other high-paid individuals, including Hollywood stars, athletes and crime lords also make more than any American can dream of. On the other hand, many national government leaders draw surprisingly modest salaries. Compare rates from multiple vetted lenders. Discover your lowest eligible rate. Hollywood stars draw amazing salaries, although ponder this: male stars greatly out-earn their female counterparts. Nonetheless, even while they earn far less than male stars, female A-listers are still doing pretty well.
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For instance, Dwayne Johnson, perhaps better known as wrestling superstar The Rock, has built a solid action film career, earning an estimated 52 million dollars between June and June , commanding an average 15 million per picture. But the Oscar-winning actress also got a big raise for her most recent films. Superstar athletes draw huge salaries ranging well into seven and even eight figures. But those figures tell only part of the story.
10. Cristiano Ronaldo, Real Madrid ($12.9 million)
But not all players are landing headline-worthy deals, and there are pretty sizable gaps in average player compensation across the three leagues. There are three big reasons for the disparity in pay: league structure, salary caps and rules around «guaranteed money» for players. NBA pros have it especially good. In addition to having a higher average salary per player, they also make more money off the court than athletes in the NFL and MLB.
To capitalize on this, the NFL could set up betting parlors in stadiums , partner with established casinos , set up online sports gambling portals, etc. Unanswered Questions. Personal Finance. How do you think about the answers? Your Money. The offers that appear in this table are from partnerships from which Investopedia receives compensation. Other revenue streams include ticket sales, merchandising, and licensing rights and corporate sponsorships. When few popular teams make the playoffs, fewer fans watch. Jennifer Aniston blames ‘peer pressure’ for decision. I would guess football. Models I have no idea about.
9. Lionel Messi, Barcelona ($13.6 million)
By any measure, the NFL is the most successful American sports league in history. Inin response to mounting criticism for its quickly growing revenue, the NFL gave up the tax-exempt status it had held since The league now exists as a trade association made up of and financed by its 32 member teams. Other revenue streams include ticket sales, merchandising, and licensing rights and corporate sponsorships.
Despite steadily declining viewership since and recent controversies about concussions and the national anthem, the NFL is making more money than. And the league is showing no intentions of slowing. National revenue consists of TV deals along with merchandising and licensing deals, which are negotiated at the national level by the NFL. This money is then divided evenly between the 32 teams regardless of individual performance. Local revenue, which consists of ticket sales, concessions, and corporate sponsors, is earned by the teams themselves.
However, the costs of running a professional football team are high. Football is, hands down, the most-viewed sport in the U. Nineteen of the 20 most-viewed TV broadcasts in U. These games are consistently the highest rated shows on TV, so media companies have shelled out big bucks for the rights to broadcast. Although the majority of its national revenue comes from its monster TV deals, the NFL also makes money by selling companies the rights to sell items that represent the NFL.
For instance, the NFL, in partnership with Nike, signed a year licensing deal with online sports-retailer Fanatics in On average, NFL stadiums seat about 70, people, and games usually sell. The one thing teams can do is choose to renovate their stadiums to add more seats and concession stands. Such renovations are costly and disruptive, but usually pay off. NFL teams can also use their stadiums to host non-football events, like concerts, but opportunities for revenue growth from these events have the same limitations.
Like ticket sales, concessions are peanuts compared to TV deals. The most coveted sponsorships are naming rights to NFL stadiums. Although TV is still king when it comes to watching football, streaming is on the rise. This is twice the size of the deal Verizon had with the NFL. If the growth of TV deals in the last few decades are any indication, these deals will also continue to grow rapidly over the coming decades.
Although the NFL has always officially been against sports gambling, that is likely to change soon. In May, the Supreme Court decided to let states determine whether or not to legalize sports gambling. As of July, eight states have already fully legalized the practice, while seven more have passed bills to do so. A legislative wave has begun.
To capitalize on this, the NFL could set up betting parlors in stadiumspartner with established casinosset up online sports gambling portals. The NFL relies on its star athletes to keep fans coming back, and when their biggest stars begin to fade, so do TV ratings. This was the case in, andwhen ratings fell slightly for three consecutive years.
This same logic also applies to popular teams. When few popular teams make the playoffs, fewer fans watch. According to the research firm MoffetNathanson, only half of the 10 most popular teams made it to the postseason in He repeatedly admonished the NFL in and about not cracking down hard enough on players for kneeling during the national anthem to protest police brutality. Many of his supporters boycotted the league as a result.
However, it remains to be seen whether this political entanglement will. Company Profiles. Your Money. Personal Finance. Your Practice. Popular Courses. Business Company Profiles. The NFL gave up its tax-exempt status in Compare Investment Accounts. The offers that appear in this table are from partnerships from which Investopedia receives compensation. Related Articles. Partner Links. Related Terms Brexit Definition Brexit refers to Britain’s leaving the European Union, which was slated to happen at the end of October, but has been delayed.
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The Truth About How Much Pro Athletes Really Make — $820,000 Pay Stub
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Top overall individual earners among Athletes and Musicians
Adam Young December 20, We examined the annual Forbes lists of the Top 25 highest paid Musicians and Athletes for the period between Jun. It’s Musicians vs Athletes, and atthletes crunching the numbers to see how they compare. For sure, the Forbes analysis has some holes. To set the parameters, rapperrs for this period includes all proceeds from music sold, concert tours, player salary and endorsements — all pretax. The sports categories is much easier to classify since there are no Bo Jacksons or Deion Sanders playing two sports anymore. In fact, the top three and seven out of the top ten are in oor musician group. Soccer has 2 in the overall Top 25 with Rap;ers Ronaldo weighing in at No. What Fappers Learned When it comes to how the fans who makes more money rappers or nfl athletes stars of the music and sports worlds, it’s clear that among the top earners in these two industries, musicians earn the most, at least for the time frame examined in the Forbes study. Tickets By Category. If you notice an error or we left something important out of one of our posts, please let us know and we’ll review for inclusion If you have ideas of articles or categories we aren’t currently providing, feel free to drop us a line. Send Us Your Feedback.
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