{"id":5059,"date":"2024-08-30T09:08:11","date_gmt":"2024-08-30T09:08:11","guid":{"rendered":"https:\/\/unitconversion.io\/blog\/?p=5059"},"modified":"2024-08-30T09:08:11","modified_gmt":"2024-08-30T09:08:11","slug":"the-strength-of-the-nfl-as-a-brand","status":"publish","type":"post","link":"https:\/\/unitconversion.io\/blog\/the-strength-of-the-nfl-as-a-brand\/","title":{"rendered":"The strength of the NFL as a brand"},"content":{"rendered":"

We’re on the cusp of September and that means only one thing for football fans \u2013 the NFL is back. The world\u2019s premier football league starts its 2024\/25 season on September 5th<\/sup> with a rematch of last year’s AFC Championship bout between Kansas City and Baltimore, and we can\u2019t be more excited, especially when you consider some of the tectonic changes that happen over the summer. When you consider the massive changes arriving with Pete Carroll and Bill Belichick not being with their teams anymore in addition to six QBs taken in the first round, with four of them set to start, there\u2019s plenty to be excited and hopeful about.<\/p>\n

While all of this contributes to the ever-evolving and entertaining nature of the NFL, it didn\u2019t change the NFL odds<\/a> all that much. It probably comes as no surprise that the favorites for this year are all participants of last year\u2019s conference championships \u2013 Kansas City, Baltimore, San Francisco, and Detroit. The coaching and player turnover is exciting, but statistically, stable franchises tend to be favored when it comes down to it.<\/p>\n

All these developments bring in the fans, evoke emotions, and make for memorable narratives, however, they\u2019re team-centric. Even being without arguably the greatest coach of all time will ultimately affect only the Patriots directly, not the NFL as a whole. And that\u2019s precisely what we\u2019re looking to examine \u2013 the NFL as a brand, the strength it has, and if there are any chinks in the armor.<\/p>\n

\"nfl<\/p>\n

NFL by the numbers<\/h2>\n

The financial side of things most commonly comes first in discussions such as these, because it\u2019s easily quantifiable. You have clear numbers on paper, compare them to others, and you can draw clear-cut conclusions. If you\u2019re looking at the NFL, those numbers are looking good and getting better across the board.<\/p>\n

During the 2023\/24 season, the NFL made a little under 19 billion dollars<\/a> in revenue from various broadcasting contracts, licensing rights, sponsorships, and all other sources. Roger Goodell, the commissioner, announced back in 2019. that they expect that number to rise to a staggering 25 billion dollars by 2027. and they\u2019re on their way to achieving that goal.<\/p>\n

Compare that to the other three major US leagues and you\u2019ll see a major discrepancy between them with the MLB and NBA making just under 11 billion dollars, followed by the NHL trailing far behind with 6.8 billion dollars. Add to that the fact that neither of those leagues shows the exponential year-to-year growth as the NFL, and the discrepancy will only grow in the coming years.<\/p>\n

An interesting fact that hammers home the financial strength of the NFL brand is the total number of games played during one season:<\/p>\n