Literally could add all the major soccer leagues in Europe and their major competitions and the NFL with only 200Million annual viewers, blows their revenue out the water.
@@moronmonkey1 its really not anymore though. Its just a feeder system for pro teams. Where pro teams get players trained, made faster and stronger for free up to 3 years then they may have to start paying them. IF NCAA wants to keep the "amateur" status they should become a non profit. Otherwise they need to start profit sharing.
BVBrocks927 Some highschool sports profit off people coming to games not as much obviously. So why shouldn’t they get paid to then? If your arguing that
Stadiums tend to pay for themselves after a while. Of course it depends if the planners are smart and know how big to build it given the size of crowd. But a big stadium can be a financial positive for the community. Just look at green bay. Lambeau is a major source of tax revenue for that small city.
Bottom line. NFL makes more, owners make more, coaches make more, players make more, and finally we the fans end up paying more....the average JOE cant even afford to take his family to a game.....
@@chirkotelhin1806 i see ur point, my thought is the NFL is not going to just give money away. Prices for merchandise, tickets, etc. Will go up. Bottom line is fans pay the bills...
Because this isnt a charity or a favor the city is doing for the owner, they really badly want to have a professional team in their city because it brings in millions of dollars in revenue to local businesses.
TheSlithice exactly. It’s more beneficial to the city to have a sports team than it is to the team to have a city. Think of all the tickets, jerseys, memorabilia, extra drinks at bars, more food being ordered at restaurants after the games for families, extra tickets sold for parking, good live entertainment.
Wyatt Russell wrong. A good nfl team can go anywhere and succeed by winning games thus selling tickets, there are only 32 teams in the NFL and trust me a lot of cities would love to have an NFL team. Las Vegas expects more than half a billion dollars of revenue related to the raider’s first season! That’s money dripped down to businesses, casinos etc. also building stadiums create jobs helping the local economy. Cities need nfl teams more than nfl teams need cities
You need to add a zero behind that 320 million its actually 3.2 billion.. 1.5% increase of 5 billion is 3.2 billion.. so add a zero to the final number of 32 billion is actually 320 billion
Micah Cotten you may of missed where he said 5 billion dollars over 10 years. Which is why he said 320 million a year to players and 32 billion a year in revenue for nfl.
Isn't one of the major problems the Players association has is that the revenue from non tv sources is hidden from the players? So we think 33 billion a year but it likely is 40 billion with hidden revenue.
The company I used to work for made about $70 billion/year (gross). My basic calculation based on # of employees and salaries meant about $10 billion/year went to the employees. Only 14%. So why do people expect that the NFL should suddenly give a massive chunk (50-70%) of their GROSS revenue to the players, before operational costs, owner responsibility, etc? It's not a racket, it's a business. NFL players are compensated extremely well. I get tired of hearing about this nonsense.
The packers reported, like 800k profit last year (down from 32 million or something like that last year) due to signing bonuses for Aaron Rodgers and the Smiths, new coaches, and the 100 year celebration increasing their yearly expenses beyond the usual. The Packers are publicly owned and report their fiscal data, the other 31 teams don't have to. There may be some tricky math in there that sneaks more money into the owner's pockets for other teams, some kind of facilitation fee or something, but I doubt most teams equal the Packers profits in a normal year, obviously the Cowboys would beat it. We don't know what the league's corporate cut is either. I guess its narrow enough that every 1/2% matters, and the margins are close enough that if the players get more, tickets and concessions will see another spike.
@@Flatworlder These teams are great at not turning a profit. Better for tax purposes. It's hilarious how the teams are all worth a billion dollars minimum but not of them are profitable
The profit of the sports team isnt the whats most important. There are plenty of buisness the owner own around the stadium. Such as retail store, restaurants, hotels and much more. Not including taxes which i bet the state is ran by the owners. Sports teams is just the main attraction
Too many games diminishes the quality. More games, more hurt players, that means the best team competing for the championship. 16 is already more than enough.
I’m sorry to bust everyone’s chops, but their math isn’t right. Schefter is saying it will shift 5 billion dollars, GIVEN THAT THE SEASON EXPANDS TO 17 regular season games... that means the overall revenue pool will expand by 17/16ths... 100% of revenue will become roughly 106% revenue with the extra week. So the 47% @ 100% will become 48.5% of 106, which is roughly 51.5... so 47 will go up to 51.5, that’s a 4.5 point difference. $5 Billion over 10 years, divided by 10 = 500 million. 500/4.5 = roughly 100million per percent. 100million x 100 = 10Billion. Sorry guys, 10Billion in revenue is way different than 32 Billion... And 10Billion is closer to previous revenue amounts that have been reported in the past.... (8.1 Billion in 2018 according to Google).... Happy to help 👍
Some sites report revenue as $14.8 Billion for 2018... maybe another Billion higher for this past season... So if it went up from there with the extra game it might be 17 or 18 Billion a year....
I really hope the NFLPA has some business guys who can explain this a bit better to the players. On the surface "OMG we get a piece of 5 billion dollars!!!!" but look at the math behind it, $5 billion, over 10 years, so $500 million per year, there are 32 teams in the NFL, so that's only 15.625 million per team per year, you got someone like Dak asking for $40M a year (or whatever he wants) well that just takes most of that money for that team's allocation of "5 billion dollars", and the vast majority of players don't see much of anything, yet they're the ones who are really putting their bodies on the line for that extra game since you can't so much as look at a QB too angrily anymore. This is a HORRIBLE thing for players to agree to.
@@chibigaming1860 We actually could but the insurance and medical field is greedier than NFL owners. Look at what Canada pays for the same prescription. Why are people going to Mexico for surgeries, Europe for other procedures.
I don't see how, most of these teams who were the last team out are perfectly capable of beating any of their 2 seeds. Pittsburgh not so much, but I don't see why the Rams couldn't beat the Packers on the road. And do I need to remind people when the 7-9 Seahawks beat the defending Super Bowl champions? Or when the 10 win Giants caused 18-1? Or when the 10 win Packers won it all? Or how about the 11-5 Matt Cassell Patriots who didn't make the playoffs in 2008? I don't really see an issue with adding a 7th team, if anything it gives more competition at the top of the league fighting for the only bye.
That means Each team is getting an extra 10 Million for the 55 man roster which equates to 181,818 per player EXTRA in their pay check. I'll gladly take a QUARTER of that and live decently well for a year if not two.
You’re also forgetting all the other expenses that are required to run the franchise such as coaching staff, medical staff, travel arrangements, administrative costs. Not saying the amount of money isn’t crazy but they aren’t putting 500million into the their pocket each year (50% of 32 billion divided by 32 teams) somewhere closer to 200-300 million is more likely
Think about it as a business, of total revenue 48.5 % is player wages, then add other wages (coaches, operations), rent, if there is loans, interest expenses. Revenue does not = profit.
Revenue does not mean or equal profit. Write it on the board ten times. Looking at that number is pointless other than assessing the size of an organization. On both sides (the NFL and the NFLPA), there are mountains of costs and expenses that eat away at the $32 BILLION number.
The owners don’t get to keep 51.8% of the revenue. They still have to pay coaches, workers at the stadium. And I would assume money also goes towards equipment and stuff like keeping the stadium looking nice
Brandon Dobranski When was I being sympathetic? I just said they don’t keep all of the 51.8%. There’s nothing wrong with being a billionaire those people worked very hard to get where they are
Newmaidumosa the capital gains isn’t nowhere near as much as the revenue is. And they should profit the most as they are taking the most risk. If the team falls through and fails they loss the most amount of money by far.
Personally it's very hard to side with the players, because I just don't know where they're hearts' are at. What are we negotiating here for? Better share of the money? the guaranteed money? Benefits for medical with all the CTE thing? Benefits for retired players? Or a combination? Optically we don't have much to go on in supporting the players.
I wonder what the net revenue per team is? Do teams share the cut on merch equally, because that doesn't seem fair that the Bengals would get shares of the Cowboys merch. But the net numbers for each owner would be an amazing number to see. That would put everything in perspective.
Even if they went 50/50 or what ever the increase is, it still wouldn't be distributed evenly. It would just mean more money to QB's and a couple of stars. That money also has to pay for everything, not just players. Facilities, coaches, staff, etc. So more money to the 1% of players, sure. The rest will stay the same or have veterans cap casualties quicker to pay for the 1%. Plus talking revenue numbers, not profit. Two different things. Plus the NFL doesn't make 32b in revenue. They make less than 20b now. Think the last number I saw was between 16-17b. Also teams don't earn equally. Dallas and the Browns don't bring in the same about of money. for 2018 the NFL distributed 9b to the 32 teams so if equal that's 280mill per team.
Revenue isnt profit dudes. Theyve all got staff. The facilities, the full cafeterias you guys love, the doctors, the training staffs, even the merch - it's not all profit when they sell a hat they have to go buy that from a manufacturer. Yes they are getting 51% of the revenue but there's no way that's even close to the profit dudes. The revenue share that goes to the players is all profit cuz all the players have to do to claim their share is show up and play.
$320 mil sounds like a lot of money, but if you break that down to the 1,664 active roster players a year that’s only an extra $192,308 a year more per player on average.
These numbers can’t be real, the cap space for one team is 188 million per year. If the nfl makes 32 billion a year this means that and the players get 47% this means that the players get nearly 15 billion a year which means that the cap should be 420 around million a year for each team.
I dont know about thenumbe being over 10 years since it's not mentioned (maybe because it makes the number be more absurd and look prettier). But just based on the numbers put on the tweet you showed the numbers would be: - if the 5 billion comes from both years (1% the first one and +1.5% the second one making 5 billion over the 2 years): 5 billion is 2.5% over 2 years (2 times 100%) -> so 2.5% of 200% is 5 billion. 100% is: 200/2.5 * 5 = 80 * 5 billion = 400 billions over 2 years, so 200 billion a year. - If you take that 1.5% as the 5 billion 5 billion is 1.5% over 1 year. 100% is: 100/1.5 * 5 billion = 66.6 * 5 billion = 333.333 billion a year. (the fractions represent how many times the number on bot can fit in the number on top)
I stopped being a fan 3 years ago after being a fan since 1974. It's ALL about making more and more money for Goodell and friends. That's why there is Thursday Night, Sunday Night and 3 Monday Night games now. That's why there is a 17 game season with enlarged playoffs. That's why there are 32 teams The NFL squeezed out every last bit of sports credibility in the last few years. It's like WWF now.
Is that math not off? If 1.5/100=5x10^9/r then 1.5r=5x10^11 then r=5x10^11/1.5 then r=3.33x10^11 or 333,333,333,333.333 is the nfl’s actual annual revenue, based on those numbers
Give em 50/50 and you could keep all preseason games add 18 regular season games and the new playoff model. Stretch out the season to add another month of football if you add 1 more bye week and boom. You'd juice TV, edge out basketball.
I'm definitely and idiot, but I feel like revenue and profit are very different. Money spent could be $10 and revenue could be $11 but again, I'm an idiot so who knows...
LMFAO, Did the math 4 times on a dry-erase board... and on a plane... and showed a Harvard accepted person... AND STILL GETS IT WRONG!!!! 1% of NFL revenue annually is $333,000,000 USD. Well technically its $333,333,333.3333333 to infinity. It depends where you decide to round.
Also that math is going off of the quoted number of $5,000,000,000 USD being 1.5% of the NFL's total revenue over 10 years. The actual math would be using this formula... R × (P×N) = T ÷ Y = T ÷ P = T So... $5,000,000,000 × (1.5×66.6) = $333,000,000,000 ÷ 10 = $33,300,000,000 ÷ 100 = $333,000,000 USD Therefore 1% of the total annual revenue of the NFL is $333,000,000 USD. That's three hundred and thirty-three million United States dollars. This is the total if only rounding to one decimal point. Glossary: R - revenue P - percentage N - number T - total Y - year
There is a flaw in these numbers. If that 1.5% represents 5 billion then each team should have a salary cap of $477 million, not the the $188 it is now or $200 million that is on offer. By my reckoning someone has tripled the figure to try and get a deal done.
Steven Hare really dude? Maybe chill out on the snarky “pay attention” comments. Last I checked there wasn’t a quiz on this video. Have a great rest of your day.
lets keep in mind that this is revenue money, not profit money, yes, it is a lot of money but you have to be objective otherwise will be like when journalists say that a player is making money but dont take in consideration the costs and taxes. ( sorry for the bad english )
$5 Billion split across 32 53-man rosters is an average of only about $30k per player. No wonder the top end players aren't interested. If a typical game check is $300k, why sign up for another game for 1/10 of that?
Can someone explain what this player share is? Don't players simply get paid based on their agreed-upon contract with the team? And there are salary caps too.
Yeah, but they have to front the money for everything. I doubt that’s anywhere close to what they actually profit, as where the players are making there share straight up...
Something that I don't see being discussed is how much money the owners have to spend each year. Granted, the players are getting a smaller percentage but that is money they're simply taking home. Seems like this is a net versus gross conversation. The owners have so spend $200M or so on player salaries plus whatever they spend on coaches, training facility, all the business aspects, etc.
For real. Not to mention the owners are fronting money for the whole organization. Like they straight up BOUGHT the whole team at one point. I think the players should be happy with anything close to 50/50.
Okay am i missing something? If 1.5% is 5 billion then we can agree that 1% is 3.333 repeating of course (Leroy Jenkins!) BILLION dollars. Which means that you multiply that by 100 which puts it in trillions. If Pat was blown away by the number he was saying then he will have a major brown alert when he sees the real number
Revenue isn’t profit... I feel like you guys are talking about it as though it’s profit. Still, after costs and taxes, hell of a lot of money... but nothing like one billion a year
I do understand ... wish i could make my budget and disregard expenses ... most common error saying the word profit instead of revenues ... still on players side cause they are the one putting their health on the line ...
@@acethug7144 I feel like it's another media tactic to make people hate companies(not saying most of the hate isn't warranted). For example Walmart had a revenue of 514.4 billion dollars last year, but their net income was only 6.6 billion. They also like to equate net worth with the amount of money in your bank account.
Tanner Williams wait I’m not defending the owners haha smart accounting can make profit become zero but they for sure aren’t taking home one billion dollars every year.
100% of the owners share of revenue is not profit. 100% of the players share is profit. Yes, I understand the players have agents that get paid, but it's nowhere near the investment the owners make in their business. Both sides can shut up for all I care as I am tired of millionaires and billionaires arguing over my $150/ticket. I'm just pointing out it isn't like the owners are taking all the money and stuffing it in their pockets, like the players get to do.
I rather the players make the money I get it but I would like all of the players to walk into any other job and demand 50% profit share from ownership to employees and see how quickly they are laughed out of the building. Most places salaries don’t make up anywhere close to 50% of what the business pulls in.
That math doesn't work out if you consider the salary cap for last year was about $188M. Unless you think $188M somehow equates to the players getting 47% of $1B ($32B/32 teams) = $188M. I know not a lot of athletes pay attention in math class, though.
Rob Kinney you’re an idiot. It’s for the projected Revenue stupid. You don’t negotiate on prior years moron. Proposed is the keyword. It’s projections... take a beginners course in finance. The revenue always goes up every year like how your wages increases every year. Why are you so dumb?
What I don’t understand is how this “extra” money gets transferred to the players. If a player, for arguments sake signs a contract for 10million a year. He gets 10 mil paid out over 16 games, how does this put more money in his pocket? Not talking about bonuses and such.
ShadowDrgn I think the money would get added to the salary cap. So yeah players under contract when the new cba comes into effect, won’t feel a bump until after they sign again. But the free agents who sign the year or the year after the cba goes into effect, their pay will go up, because there will be more money available
Zamir Baez this still seems like it only helps a few higher end players and a specific team get better players, not that it helps every single individual player.
its not 32 billiom, its 320 billion. if 1.5% is 5 billion.. then you need to multiply by 66 (1.5*66=100) ie 66*5=330 which means the nfl brings in 330 Billion not 32 billion
That's 5 bil over the next ten years, using today's numbers? Add a regular season game and widen the playoff spread, I'm sure that 1% of NFL revenue becomes a much larger number for a ten year stretch.
And even more with their collective bargaining agreement.. So with that said the NFL if it was business and didnt care about an honest game would care more about the popular teams winning so more people go buy their merchandise... Would make the teams even more money...
How about shifting a little of that to the fans so we don't have to pay so much for tickets and what not? We have to spend a lot of our hard earned money to watch athletes that get paid way more than us regular folks.
We as a society funnel WAY TOO MUCH MONEY to these forms of entertainment. Just throwing it out there. You know, maybe drop the stupid 200 dollar direct tv NFL pass or the 10 dollar piss beer cans at the stadium kind of thing. You gotta have money to be a season ticket holder for any seats. The nose bleed section which is worse than sitting at home and watching it on your tv is a 100 bucks per seat. I'd imagine the front rows at these stadiums are easily in the 4 figure range for a game! C'mon people! I'd imagine getting playoff game tickets is like equal to having a new roof installed on your house.
Billions AND BILLIONS of dollars
Rct3nut74 I was waiting for that
Literally could add all the major soccer leagues in Europe and their major competitions and the NFL with only 200Million annual viewers, blows their revenue out the water.
@@yo18momas Huh?
And remember, the NFL is a “non profit” tax exempt organization.
Said by Carl Sagan.
"NFL has the lowest revenue share"
-NCAA has entered the chat-
Tony B NCAA is an amateur league not professional so it’s not in the conversation
moronmonkey1 the money they make is not amateur tho
@@moronmonkey1weird how the NCAA is allowed to profit off *amateurs*. What a fucking joke of an excuse.
@@moronmonkey1 its really not anymore though. Its just a feeder system for pro teams. Where pro teams get players trained, made faster and stronger for free up to 3 years then they may have to start paying them.
IF NCAA wants to keep the "amateur" status they should become a non profit. Otherwise they need to start profit sharing.
BVBrocks927 Some highschool sports profit off people coming to games not as much obviously. So why shouldn’t they get paid to then? If your arguing that
And yet all these NFL teams "need" their state's taxpayers to float the bill for their stadiums.
Not to mention cities still having to pay off their "old, outdated" stadiums (*cough* St. Louis *cough* *cough*)
Stadiums tend to pay for themselves after a while. Of course it depends if the planners are smart and know how big to build it given the size of crowd. But a big stadium can be a financial positive for the community. Just look at green bay. Lambeau is a major source of tax revenue for that small city.
@Jonny B that's how the NFL stays tax exempt
@Jonny B more than bragging rights. The money the cities make if teams is pretty relevant
@@djtrankilo231 and the dome is a shitbox too was never a nice stadium
Pat, I’m glad the math checked out... especially glad to hear that you carried the one.
Lmao👌
Bottom line. NFL makes more, owners make more, coaches make more, players make more, and finally we the fans end up paying more....the average JOE cant even afford to take his family to a game.....
I think you’re kinda lost here, did you not watch the video?
@@chirkotelhin1806 i see ur point, my thought is the NFL is not going to just give money away. Prices for merchandise, tickets, etc. Will go up. Bottom line is fans pay the bills...
@@chirkotelhin1806 Where is the revenue coming from? Part TV deals, part merchandise, part tickets... 2/3 seems to be from fans.
Why would you want to? Watching it at home not surrounded by drunk idiots is far more enjoyable.
Would you like them to give you some of their money? I mean what the hell
if the NFL is making that much every year, why do cities need to give them tax breaks and fund the stadiums?
Because this isnt a charity or a favor the city is doing for the owner, they really badly want to have a professional team in their city because it brings in millions of dollars in revenue to local businesses.
TheSlithice exactly. It’s more beneficial to the city to have a sports team than it is to the team to have a city. Think of all the tickets, jerseys, memorabilia, extra drinks at bars, more food being ordered at restaurants after the games for families, extra tickets sold for parking, good live entertainment.
Called Amerika.
The city needs the team more then the team needs the city? Lol
That’s drunk logic.
Wyatt Russell wrong. A good nfl team can go anywhere and succeed by winning games thus selling tickets, there are only 32 teams in the NFL and trust me a lot of cities would love to have an NFL team. Las Vegas expects more than half a billion dollars of revenue related to the raider’s first season! That’s money dripped down to businesses, casinos etc. also building stadiums create jobs helping the local economy. Cities need nfl teams more than nfl teams need cities
Billions and billions
And
Pat with the Manscaped shirt, respek 🤟🏻
Should be a Dingos shirt
Let's go Dingos
Go pandas
A fellow dingo ❤️
You need to add a zero behind that 320 million its actually 3.2 billion.. 1.5% increase of 5 billion is 3.2 billion.. so add a zero to the final number of 32 billion is actually 320 billion
1.5%=5 billion, $5,000,000,000.00*(2/3)=1%=$3,333,333,333.33=(aprox.) $3.3 billion, 100%=(aprox.) $333.3 billion
@@jerkyjaw exactly , good
Micah Cotten you may of missed where he said 5 billion dollars over 10 years. Which is why he said 320 million a year to players and 32 billion a year in revenue for nfl.
Isn't one of the major problems the Players association has is that the revenue from non tv sources is hidden from the players? So we think 33 billion a year but it likely is 40 billion with hidden revenue.
Need a timestamp for „billions .... AND BILLIONS“
999:59
11:14 is the only thing you'll get in this video
"You never leave yo fo sho money looking fo mo money, Unless you end up with no money"
-Pat McAfee
Literally
Especially when that money is in BILLIONS!
It's not his saying, it's from a song.
The company I used to work for made about $70 billion/year (gross). My basic calculation based on # of employees and salaries meant about $10 billion/year went to the employees. Only 14%. So why do people expect that the NFL should suddenly give a massive chunk (50-70%) of their GROSS revenue to the players, before operational costs, owner responsibility, etc? It's not a racket, it's a business. NFL players are compensated extremely well. I get tired of hearing about this nonsense.
Why not? If they can reach a deal for that money, they should get paid.
You gotta take into account that 32 billion in revenue is a lot less in profit especially in a sports business. I wonder what actual profit is
eyyee at least $6-$12b
The packers reported, like 800k profit last year (down from 32 million or something like that last year) due to signing bonuses for Aaron Rodgers and the Smiths, new coaches, and the 100 year celebration increasing their yearly expenses beyond the usual. The Packers are publicly owned and report their fiscal data, the other 31 teams don't have to.
There may be some tricky math in there that sneaks more money into the owner's pockets for other teams, some kind of facilitation fee or something, but I doubt most teams equal the Packers profits in a normal year, obviously the Cowboys would beat it. We don't know what the league's corporate cut is either.
I guess its narrow enough that every 1/2% matters, and the margins are close enough that if the players get more, tickets and concessions will see another spike.
@@Flatworlder
These teams are great at not turning a profit. Better for tax purposes. It's hilarious how the teams are all worth a billion dollars minimum but not of them are profitable
Joseph Potter That’s corporate america in a nutshell
The profit of the sports team isnt the whats most important. There are plenty of buisness the owner own around the stadium. Such as retail store, restaurants, hotels and much more. Not including taxes which i bet the state is ran by the owners. Sports teams is just the main attraction
UFC fighters get 19%
Narcoleptic Badger individual sports have worse unions than team sports.
@@jtmmmm27 worse as in none. Is there a union for fighters?
Darin Rothwell Maybe I’m not sure. I was just making a blanket statement.
To all the angry math people: its a 5 billion dollar swing over 10 years, so 1.5% is 500 million a year. They kinda skipped this part
FrankTehTank thank you so much lol it was triggering me like crazy😂
Thank you
Thank you so much lol
I was gonna say. The number they arrived at seemed much lower than it should have been.
FrankTehTank is our hero
Too many games diminishes the quality. More games, more hurt players, that means the best team competing for the championship. 16 is already more than enough.
Agreed
Run em to the ground, more games! Earn that sweet money, shorter careers faster turn around, more money passed around. Let’s go!
"You never leave your fo sho money looking for mo money, and end up with no money"
Wise words
where's Scott Steiner when you need him to do math equations?!
Take my 75 perchance-chance of winnin' (if we was to go one on one), and then add 66 and two thirds…percents, I got a 141 2/3 chance of winning!
@@Thundarius the numbers don't lie, and they spell out disaster for you. (Edit : I fucked up, it was disaster, not destruction)
But he’ll just add Kurt Angle to the mix
Holla, if ya hear me!
I’m sorry to bust everyone’s chops, but their math isn’t right. Schefter is saying it will shift 5 billion dollars, GIVEN THAT THE SEASON EXPANDS TO 17 regular season games... that means the overall revenue pool will expand by 17/16ths... 100% of revenue will become roughly 106% revenue with the extra week. So the 47% @ 100% will become 48.5% of 106, which is roughly 51.5... so 47 will go up to 51.5, that’s a 4.5 point difference. $5 Billion over 10 years, divided by 10 = 500 million. 500/4.5 = roughly 100million per percent. 100million x 100 = 10Billion. Sorry guys, 10Billion in revenue is way different than 32 Billion... And 10Billion is closer to previous revenue amounts that have been reported in the past.... (8.1 Billion in 2018 according to Google).... Happy to help 👍
Some sites report revenue as $14.8 Billion for 2018... maybe another Billion higher for this past season... So if it went up from there with the extra game it might be 17 or 18 Billion a year....
“You’re in a booisness” Lmaooooo 😭 😭 😭
Still can’t watch the 2 hour stream 😑 can we get someone to fix this please?
It’s fixed now, great job guys👍
I really hope the NFLPA has some business guys who can explain this a bit better to the players. On the surface "OMG we get a piece of 5 billion dollars!!!!" but look at the math behind it, $5 billion, over 10 years, so $500 million per year, there are 32 teams in the NFL, so that's only 15.625 million per team per year, you got someone like Dak asking for $40M a year (or whatever he wants) well that just takes most of that money for that team's allocation of "5 billion dollars", and the vast majority of players don't see much of anything, yet they're the ones who are really putting their bodies on the line for that extra game since you can't so much as look at a QB too angrily anymore. This is a HORRIBLE thing for players to agree to.
Mike B if it was ‘horrible’ the supply (players) would have a shortage. Lucrative, fame, etc etc. no shortage in the foreseeable future.
It’s ridiculous to play a game for millions of dollars while we can’t pay people who develop cures for diseases.
@@chibigaming1860 We actually could but the insurance and medical field is greedier than NFL owners. Look at what Canada pays for the same prescription. Why are people going to Mexico for surgeries, Europe for other procedures.
10:03 , 10 win teams should make the playoffs, the occasional 8-8 and 7-9 might slip in from time to time but adding the extra team doesnt hurt at all
Waters it down. Records are slightly less important
I don't see how, most of these teams who were the last team out are perfectly capable of beating any of their 2 seeds. Pittsburgh not so much, but I don't see why the Rams couldn't beat the Packers on the road. And do I need to remind people when the 7-9 Seahawks beat the defending Super Bowl champions? Or when the 10 win Giants caused 18-1? Or when the 10 win Packers won it all? Or how about the 11-5 Matt Cassell Patriots who didn't make the playoffs in 2008? I don't really see an issue with adding a 7th team, if anything it gives more competition at the top of the league fighting for the only bye.
Chris H but the one seed becomes even more valuable.
I bet AJ did so good that Pats too scared to have him back
Lmao, your right
How can 1 percent be 320 million when you just said 1.5 percent is 5 billion dollars? You need to hire a real numbers guy 😂
You need to listen a bit more closely. Lol.
That figure is for 10 years.
the richest players in the nfl made 1% of the nfl’s yearly salary that’s insane
That means Each team is getting an extra 10 Million for the 55 man roster which equates to 181,818 per player EXTRA in their pay check. I'll gladly take a QUARTER of that and live decently well for a year if not two.
“You’re in a BUISNESS!”💀💀💀
They took the rams away, idc St. Louis still better fan base
The way he said that and I hadn't noticed it was spelled wrong hahah it was hilarious
I was getting very confused on the money thing until he said over 10 years then it made total sense
You’re also forgetting all the other expenses that are required to run the franchise such as coaching staff, medical staff, travel arrangements, administrative costs. Not saying the amount of money isn’t crazy but they aren’t putting 500million into the their pocket each year (50% of 32 billion divided by 32 teams) somewhere closer to 200-300 million is more likely
True but alot of that is also tax write-offs.
Think about it as a business, of total revenue 48.5 % is player wages, then add other wages (coaches, operations), rent, if there is loans, interest expenses. Revenue does not = profit.
"never leave your fasho money, lookin' for mo money, or you'll end up with no money."
Taxes should never go to building stadiums
enough money to stop fining these players for celebrations and stupid sh*t
Revenue does not mean or equal profit. Write it on the board ten times. Looking at that number is pointless other than assessing the size of an organization. On both sides (the NFL and the NFLPA), there are mountains of costs and expenses that eat away at the $32 BILLION number.
Just think the money is big when the NFL commissioner is making $44,000,000 a year, who makes that kind of money.
The owners don’t get to keep 51.8% of the revenue. They still have to pay coaches, workers at the stadium. And I would assume money also goes towards equipment and stuff like keeping the stadium looking nice
moronmonkey1 exactly but someone has to be a victim in today’s society
Yes, let's be sympathetic to the billionaires, poor them.
Brandon Dobranski When was I being sympathetic? I just said they don’t keep all of the 51.8%. There’s nothing wrong with being a billionaire those people worked very hard to get where they are
moronmonkey1 he’s just envious he’s not as successful
Newmaidumosa the capital gains isn’t nowhere near as much as the revenue is. And they should profit the most as they are taking the most risk. If the team falls through and fails they loss the most amount of money by far.
I would rather see 8 teams get a playoff bye, than just 2! That last week off is great so the big boys get to rest and heal up.
Personally it's very hard to side with the players, because I just don't know where they're hearts' are at. What are we negotiating here for? Better share of the money? the guaranteed money? Benefits for medical with all the CTE thing? Benefits for retired players? Or a combination? Optically we don't have much to go on in supporting the players.
I wonder what the net revenue per team is? Do teams share the cut on merch equally, because that doesn't seem fair that the Bengals would get shares of the Cowboys merch. But the net numbers for each owner would be an amazing number to see. That would put everything in perspective.
Even if they went 50/50 or what ever the increase is, it still wouldn't be distributed evenly. It would just mean more money to QB's and a couple of stars. That money also has to pay for everything, not just players. Facilities, coaches, staff, etc. So more money to the 1% of players, sure. The rest will stay the same or have veterans cap casualties quicker to pay for the 1%. Plus talking revenue numbers, not profit. Two different things. Plus the NFL doesn't make 32b in revenue. They make less than 20b now. Think the last number I saw was between 16-17b. Also teams don't earn equally. Dallas and the Browns don't bring in the same about of money. for 2018 the NFL distributed 9b to the 32 teams so if equal that's 280mill per team.
And somehow the Bengals still don’t have an indoor practice facility
Revenue isnt profit dudes. Theyve all got staff. The facilities, the full cafeterias you guys love, the doctors, the training staffs, even the merch - it's not all profit when they sell a hat they have to go buy that from a manufacturer. Yes they are getting 51% of the revenue but there's no way that's even close to the profit dudes. The revenue share that goes to the players is all profit cuz all the players have to do to claim their share is show up and play.
$320 mil sounds like a lot of money, but if you break that down to the 1,664 active roster players a year that’s only an extra $192,308 a year more per player on average.
These numbers can’t be real, the cap space for one team is 188 million per year. If the nfl makes 32 billion a year this means that and the players get 47% this means that the players get nearly 15 billion a year which means that the cap should be 420 around million a year for each team.
Do that math: BILLIONS, and BILLIONS
The billions, in my Rock voice, AND BILLIONS of dollars of the nfls money!!!
BRING SPICE ADAMS ON THE SHOW
Do people understand the difference between revenue and profit?? Notice it’s NOT profit sharing 😂
I dont know about thenumbe being over 10 years since it's not mentioned (maybe because it makes the number be more absurd and look prettier). But just based on the numbers put on the tweet you showed the numbers would be:
- if the 5 billion comes from both years (1% the first one and +1.5% the second one making 5 billion over the 2 years):
5 billion is 2.5% over 2 years (2 times 100%) -> so 2.5% of 200% is 5 billion.
100% is: 200/2.5 * 5 = 80 * 5 billion = 400 billions over 2 years, so 200 billion a year.
- If you take that 1.5% as the 5 billion
5 billion is 1.5% over 1 year.
100% is: 100/1.5 * 5 billion = 66.6 * 5 billion = 333.333 billion a year.
(the fractions represent how many times the number on bot can fit in the number on top)
daniel lopez roman aradan it is mentioned tho ?
Picture pat high as shit with his abbacus and note pad trying to do this math lol
I stopped being a fan 3 years ago after being a fan since 1974.
It's ALL about making more and more money for Goodell and friends.
That's why there is Thursday Night, Sunday Night and 3 Monday Night games now.
That's why there is a 17 game season with enlarged playoffs.
That's why there are 32 teams
The NFL squeezed out every last bit of sports credibility in the last few years. It's like WWF now.
Is that math not off? If 1.5/100=5x10^9/r then 1.5r=5x10^11 then r=5x10^11/1.5 then r=3.33x10^11 or 333,333,333,333.333 is the nfl’s actual annual revenue, based on those numbers
It's over 10 years.
Give em 50/50 and you could keep all preseason games add 18 regular season games and the new playoff model. Stretch out the season to add another month of football if you add 1 more bye week and boom. You'd juice TV, edge out basketball.
Zito is looking great in this vid
I'm definitely and idiot, but I feel like revenue and profit are very different. Money spent could be $10 and revenue could be $11 but again, I'm an idiot so who knows...
Owners and players get rich while fans/ taxpayers get F’d with PSL’s and stupid stadium deals.
LMFAO, Did the math 4 times on a dry-erase board... and on a plane... and showed a Harvard accepted person... AND STILL GETS IT WRONG!!!! 1% of NFL revenue annually is $333,000,000 USD. Well technically its $333,333,333.3333333 to infinity. It depends where you decide to round.
Also that math is going off of the quoted number of $5,000,000,000 USD being 1.5% of the NFL's total revenue over 10 years.
The actual math would be using this formula...
R × (P×N) = T ÷ Y = T ÷ P = T
So...
$5,000,000,000 × (1.5×66.6) =
$333,000,000,000 ÷ 10 =
$33,300,000,000 ÷ 100 =
$333,000,000 USD
Therefore 1% of the total annual revenue of the NFL is $333,000,000 USD. That's three hundred and thirty-three million United States dollars. This is the total if only rounding to one decimal point.
Glossary:
R - revenue
P - percentage
N - number
T - total
Y - year
You'd think they could pay for the stadiums and visiting teams hotel rooms without tax paid corporate welfare.
Idk how much of that 53% goes to upkeep and buisness expenses, but the owners should make waaay less. They didnt give their life for it.
ANYTIME the other side is quick to close a deal that most likely means you're getting shafted.
Billions and BILLIONS of vitamins
5 billion is to 1.5% as 333 billion is to 💯 %. But 32 billion does sound like a bunch as well!
Jerico Liscabo Ya, I was also doing the math and the NFL’s Revenue is 333 Billion not 32 Billion. They need to recheck their math 😅
Desolation Gaming You’re right, my bad
NFL Rosters are the largest in sports and still have the lowest share of revenue.
There is a flaw in these numbers.
If that 1.5% represents 5 billion then each team should have a salary cap of $477 million, not the the $188 it is now or $200 million that is on offer. By my reckoning someone has tripled the figure to try and get a deal done.
Revenue is not profits or earings
If 1.5% equates to 5 billion in revenue, then the total revenue would be 333 billion, not 32? So that math by Pat and company doesn't check out?
its over 10 years if you actually paid attention 1/10 is roughly 32 billion
Golden Crane that’s what I’m calculating too. $5B / 0.015 = $333B. (Said with a Dr. Evil accent and pinky to the mouth).
Steven Hare ah, didn’t catch the 10 years part. Thanks.
@@natemetcalf6471 he said over 10 years please pay attention
Steven Hare really dude? Maybe chill out on the snarky “pay attention” comments. Last I checked there wasn’t a quiz on this video. Have a great rest of your day.
All that money and still cant hire full time officials...
lets keep in mind that this is revenue money, not profit money, yes, it is a lot of money but you have to be objective otherwise will be like when journalists say that a player is making money but dont take in consideration the costs and taxes. ( sorry for the bad english )
What about how much is spent on per deim, transportation, training costs and equipment, ground crews, etc.
$5 Billion split across 32 53-man rosters is an average of only about $30k per player. No wonder the top end players aren't interested. If a typical game check is $300k, why sign up for another game for 1/10 of that?
I click on this video in a panic expecting to hear the boys say “millions AND MILLIONS” I was sadly disappointed 😢
Can someone explain what this player share is? Don't players simply get paid based on their agreed-upon contract with the team? And there are salary caps too.
Is that with the expected revenue of extra games and future revenue growth?
2.4 billion a year per owner. That’s nice.
Yeah, but they have to front the money for everything. I doubt that’s anywhere close to what they actually profit, as where the players are making there share straight up...
If the NFL expands to 17 games, shouldn't they also expand the roster by 2 or 3 players as well?
Paul Scheibmeir more like 5 to 10 players. 53 man roster should be no less than a 60 man roster
What is that black gold tube on Pat's desk?
Revenue doesn't include operating cost and salaries.
Something that I don't see being discussed is how much money the owners have to spend each year. Granted, the players are getting a smaller percentage but that is money they're simply taking home. Seems like this is a net versus gross conversation. The owners have so spend $200M or so on player salaries plus whatever they spend on coaches, training facility, all the business aspects, etc.
For real. Not to mention the owners are fronting money for the whole organization. Like they straight up BOUGHT the whole team at one point. I think the players should be happy with anything close to 50/50.
Is nobody going to comment on Zeets swag?? I see you bro
Learn math guys 320 Billion
Nope. 320milx100 is 32bil
Is the revenue sharing after costs or prior to costs?
90% plus more than it should
Okay am i missing something?
If 1.5% is 5 billion then we can agree that 1% is 3.333 repeating of course (Leroy Jenkins!) BILLION dollars. Which means that you multiply that by 100 which puts it in trillions. If Pat was blown away by the number he was saying then he will have a major brown alert when he sees the real number
Love this guy
3.2 billion is one percent so it would be 320 billion made in the NFL
Over ten years I think is the missing piece
Revenue isn’t profit... I feel like you guys are talking about it as though it’s profit. Still, after costs and taxes, hell of a lot of money... but nothing like one billion a year
dig dig, you're a smart man!
I do understand ... wish i could make my budget and disregard expenses ... most common error saying the word profit instead of revenues ... still on players side cause they are the one putting their health on the line ...
No surprise its confusing .. google nfl profits 2019 ... first link to mfl revenues ... wtf lol
@@acethug7144 I feel like it's another media tactic to make people hate companies(not saying most of the hate isn't warranted). For example Walmart had a revenue of 514.4 billion dollars last year, but their net income was only 6.6 billion. They also like to equate net worth with the amount of money in your bank account.
Tanner Williams wait I’m not defending the owners haha smart accounting can make profit become zero but they for sure aren’t taking home one billion dollars every year.
does pat know the difference between revenue and profit?
doesnt look like it, nor does he understand $5b over 10 years.....
@@no9scrum lmao
Damn it must suck that he doesn’t care cuz he has more money than the comment section combined
It's 4.8 billion over 10 years. The player should strike for 50 percent.
100% of the owners share of revenue is not profit. 100% of the players share is profit. Yes, I understand the players have agents that get paid, but it's nowhere near the investment the owners make in their business.
Both sides can shut up for all I care as I am tired of millionaires and billionaires arguing over my $150/ticket. I'm just pointing out it isn't like the owners are taking all the money and stuffing it in their pockets, like the players get to do.
I rather the players make the money I get it but I would like all of the players to walk into any other job and demand 50% profit share from ownership to employees and see how quickly they are laughed out of the building. Most places salaries don’t make up anywhere close to 50% of what the business pulls in.
That math doesn't work out if you consider the salary cap for last year was about $188M. Unless you think $188M somehow equates to the players getting 47% of $1B ($32B/32 teams) = $188M. I know not a lot of athletes pay attention in math class, though.
Rob Kinney you’re an idiot. It’s for the projected Revenue stupid. You don’t negotiate on prior years moron. Proposed is the keyword. It’s projections... take a beginners course in finance. The revenue always goes up every year like how your wages increases every year. Why are you so dumb?
@To Release is To Resolve dumb people triggers me. Dumb people who think they're smart angers me
What I don’t understand is how this “extra” money gets transferred to the players. If a player, for arguments sake signs a contract for 10million a year. He gets 10 mil paid out over 16 games, how does this put more money in his pocket? Not talking about bonuses and such.
ShadowDrgn I think the money would get added to the salary cap. So yeah players under contract when the new cba comes into effect, won’t feel a bump until after they sign again. But the free agents who sign the year or the year after the cba goes into effect, their pay will go up, because there will be more money available
Zamir Baez this still seems like it only helps a few higher end players and a specific team get better players, not that it helps every single individual player.
its not 32 billiom, its 320 billion. if 1.5% is 5 billion.. then you need to multiply by 66 (1.5*66=100) ie 66*5=330 which means the nfl brings in 330 Billion not 32 billion
That's 5 bil over the next ten years, using today's numbers? Add a regular season game and widen the playoff spread, I'm sure that 1% of NFL revenue becomes a much larger number for a ten year stretch.
And even more with their collective bargaining agreement.. So with that said the NFL if it was business and didnt care about an honest game would care more about the popular teams winning so more people go buy their merchandise... Would make the teams even more money...
These are projected numbers. The NFL aims to make $25 billion by 2025. Right now it makes around $18 billion.
How about shifting a little of that to the fans so we don't have to pay so much for tickets and what not? We have to spend a lot of our hard earned money to watch athletes that get paid way more than us regular folks.
We as a society funnel WAY TOO MUCH MONEY to these forms of entertainment. Just throwing it out there. You know, maybe drop the stupid 200 dollar direct tv NFL pass or the 10 dollar piss beer cans at the stadium kind of thing. You gotta have money to be a season ticket holder for any seats. The nose bleed section which is worse than sitting at home and watching it on your tv is a 100 bucks per seat. I'd imagine the front rows at these stadiums are easily in the 4 figure range for a game!
C'mon people! I'd imagine getting playoff game tickets is like equal to having a new roof installed on your house.
Who cares? Everyone gets paid. God forbid EVERYONE doesn't earn owner money