Video of the Day - CFB playoff teaser
- Published: Friday, 11 July 2014 07:17
- by Doug Samuels
The NFL divvied up more than $6 billion in revenue over the 2013 season, according to documents released by the Green Bay Packers on Thursday. The Packers are the NFL's only publicly-owned team, and are thus required to release financial figures.
Split 32 ways, each NFL team took home $187.7 million last season alone from television, sponsorship and retail sales. And we in college sports drop our jaws when the Big Ten announces it will soon dispurse $40 million to its 14 members.
At $6 billion, the NFL took in nearly enough revenue to buy the entire GDP of the nation of Guinea.
The NFL's revenues are up 56 percent - and that's after adjusting for inflation - since 2006 (and up 4.3 percent from 2012 alone) according to ESPN's Darren Rovell. The numbers will only climb higher as television rights continue to skyrocket. CBS's new Thursday Night package, costing nearly $300 million for only eight games, kicks in this year. DirecTV's NFL Sunday Ticket package, worth $1 billion a year, expires after this season.
This fall, the NFL's salary cap rises from $124 million to $133 million. Now let's consider that each of the NFL's 32 franchises will rake in $156 million - close to $5 billion total - from its contracts with Fox, CBS, NBC, ESPN, DirecTV and its radio partners. That's a net gain of more than $30 million before the league sells a single sponsorship or jersey.
Let's all remember this the next time there's a lockout.
From the moment Rutgers and Princeton battled on that field back in November 1869, college football has been America's most storied and cherished sport. One-hundred forty-five years later, college football will finally have a Hall of Fame worthy of its history.
The original College Football Hall of Fame opened in the Cincinnati area in 1978, and then moved to South Bend in 1995. After realizing that - unlike the baseball and pro football halls of fame - the College Football Hall of Fame isn't the mecca that fans will pilgrimage to; the Hall had to surround itself around major events in which people were already attending. So, in 2009, the National Football Foundation announced it would move to downtown Atlanta.
Now, half a decade later, it's finally happening.
The Hall announced Thursday it would be open for business on August 23, five days before Boise State and Ole Miss open their respective seasons at the nearby Georgia Dome. The downtown location is crucial. Adjacent to the Georgia World Congress Center, the new World of Coke, Centennial Olympic Park, the Georgia Aquarium, Phillips Arena as well as the Georgia Dome, the Hall figures to attracted fans in town for the Chick-fil-A College Kickoff games (West Virginia and Alabama will meet two days after Broncos-Rebels), the SEC Championship, the Peach Bowl, Falcons games, Georgia State games, and all the additional event the Falcons' new stadium attracts after its 2017 opening.
The new Hall won't just be a celebration of Hall of Fame players and coaches, but a celebration of the entire game. A fully interactive experience, it will have features like a life-size map with a searchable index that highlights each school that has a Hall of Famer, a wall of helmets representing every football-playing school in America, a 45-yard field and 30,000 square feet of exhibit space.
As someone who worked (in a very, very small capacity) on the Hall project for two years before I joined the Scoop, I can personally test that it's going to be well worth a visit, and probably three or four. I can't wait to go myself the next time I'm in Atlanta.
Photos courtesy of the Atlanta Business Chroncile
Really well done video here from Temple reminding players that are training through the hot and muggy summer to "leave their mark".
"I need you to endure. I need you to embrace the pain and embrace the blood, the sweat and the tears that it's going to take." the narrator says.
Very good motivational themed stuff here, especially during a time of the year where the temptation to hit the beach instead of the weights is at its highest.
On Major League Baseball's opening day in 2011, San Francisco Giants fan Bryan Stow was attacked by two Los Angeles Dodgers fans outside Dodger Stadium and beaten within an inch of his life. In the three painful years that followed, Stow has required constant (and incredibly expensive) medical care and, as such, his family has pursued a lawsuit against his two attackers, the Dodgers and their then-owner, Frank McCourt. Stow, a paramedic at the time and the father of two, will continue to require round-the-clock medical assistance for the rest of his life.
On Wednesday, a California court awarded Stow nearly $18 million, of which the Dodgers must pay nearly $14 million. The Los Angeles Times also notes that the team "is on the hook to shoulder all of his past and future medical expenses and lost earnings."
Stow's attorney hammered the Dodgers' lack of spending on security, alleging that money that should have otherwise been funneled to security was instead used to fund McCourt's lavish lifestyle. Attorney Thomas Girardi said that the Dodgers spent 62 cents per fan on security. "The Dodgers' own pocket book prevented them from providing proper security," he said. Stow's legal team also said his party had been taunted continuously throughout the game by assailants Louie Sanchez and Marvin Norwood (who are now serving time for their part in the incident), and Stow was then blinsided in a dimly-lit parking lot, none of which was noticed by security. The team countered by saying security for its 2011 opener was the highest in team history.
In the end, the court sided with Stow.
This horrific tragedy should serve, if it hasn't already, for a wake-up call for stadium operations people in college football. The situations aren't identical, as many more college football attendees typical park off of university-controlled areas compared with professional baseball, but few sports are as emotionally-charged, and thus vulnerable to a similar situation, as college football. Security isn't a budget item to be scrimped on.
Every fan deserves a safe experience inside and outside the stadium, no matter what colors they happen to wear. Not that any stadium operations professionals weren't already working diligently toward that end, but, tragically, Stow will spend the rest of his days as a living reminder of what happens when a team and venue don't hold up their end of the bargain.