- Joined Jul 14, 2003
Saw this today from Peter King's column:
It stuns me that in these economic times, the NFL can still print money, getting $720 million from Verizon for the mobile TV rights for the next four years. That's $22.5 million per team
And then I did some further research. Here are some of the current national contracts the NFL has (most if not all are split evenly between owners)
1. TV contracts - CBS ($3.73B), NBC ($3.6B), FOX ($4.27B) and ESPN ($8.8B) are paying a combined total of $20.4 billion[sup]http://en.wikipedia.org/wiki/NFL_on_television#cite_note-0[/sup] to broadcast NFL games through the 2011 season for CBS, Fox, and NBC and through 2013 for ESPN.
2. DirecTV pays $4 billion to extend its exclusive contract for NFL Sunday Ticket until 2014.[sup]http://en.wikipedia.org/wiki/NFL_Sunday_Ticket#cite_note-2[/sup]
3. Internet contract (to help run NFL.com) with CBS Sports for $120 million.
4. Visa sponsorship deal, 6 years, $400 million.
5. PepsiCo contract worth $560 million to use the NFL shield on its Pepsi, Frito Lay and Tropicana products
6. In 2004 Gatorade ponied up $500 million for the right to be called the official sports drink of the league for the next eight years.
7. Coors Brewing Company, 5 years, $500 million
8. Reebok International, 10 years, $250 million
9. Procter & Gamble, 5 years, $50 million
10. Sirius Satellite Radio contract, 7 years, $220 million
11. Local radio rights contract (value differs per team)
12. Msc. other national contracts (money unknown): EA Sports exclusive contract for video games, Bank of America exclusive contract for being official bank of NFL, Bridgestone Firestone exclusive contract for official tire company of NFL (money unknown), Canon, Samsung, etc.
That's not even all of them
To put this in better perspective....JUST from the TV contracts each NFL owner receives $100 million cash each year.