I recently had this discussion amongst friends, can someone explain how in the fuck professional sports are able to pay their players literally hundreds of millions of dollars? Many teams have several players with 2,3,$400M contracts.
How are they able to generate enough revenue to support this? Tickets can be pricy, but there aren't that many games per year. Merch, food and beers can make a lot, but again not many days of sales. Ad revenue can't be that good, even during the Super Bowl each ad only generates a few million. It must add up somehow, but I can't see how one team alone may spend close to a trillion dollars in contracts for their players.
I don't understand.
Back up QB getting paid way more than he has proven to be worth. Similar to Hunter getting paid millions for a job he was nowhere being worth
I recently had this discussion amongst friends, can someone explain how in the fuck professional sports are able to pay their players literally hundreds of millions of dollars? Many teams have several players with 2,3,$400M contracts.
How are they able to generate enough revenue to support this? Tickets can be pricy, but there aren't that many games per year. Merch, food and beers can make a lot, but again not many days of sales. Ad revenue can't be that good, even during the Super Bowl each ad only generates a few million. It must add up somehow, but I can't see how one team alone may spend close to a trillion dollars in contracts for their players.
merchandising. every team jersey/hat/sweatshirt/jacket gets residuals. unless its pirated.
The salary cap is 185 million or so. Per team, per year.
Those TV deals are in the billions. And advertisers pay millions for those commercial spots.
Nobody gives a fuck about the NFL