07-18-2024, 01:07 PM
(07-18-2024, 09:36 AM)Sled21 Wrote: Ok, so this is all money in. Now someone do a money-out comparison. Stadium upkeep and renovations, insurance, taxes, player and coach salaries, plus salaries for medical and training personnel, scouts, analysts, security, regular employee salaries and benefits for all those employees, advertising, and who knows what else is on that ledger. They're making money no doubt or they would fold, but it would be interesting to see the books and how they balance to get a real idea of profit.
A lot of people don't realize that NFL teams really are more like mom and pop organizations and not massive companies.
Sure there are loads of expenses, but if I had to guess most teams are operating at 15-20% net profit margin (I was privy to the Texans financials back in the mid 2010's). Considering that players salary is their largest line item expense and you're playing with 44% margin right off the bat.
The variable is the ticket sales and merchandise and obviously the big brand teams do better. But they are the ones who end up paying more for coaches and have the better facilities (typically), which newsflash. The players don't care about locker room chairs.
