The NFL, and its owners, just keep getting richer. In a report by Eben Novy-Williams of Bloomberg, the league divided up $7.1 billion in revenue, which is an increase of six percent from the previous year.
ESPN’s Darren Rovell has done the math, and as we can see each NFL team owner received a whopping $222.6 million.
JUST IN: Each NFL owner received $222.6 million this past season in shared national revenue, which is mostly TV money.
— Darren Rovell (@darrenrovell) June 24, 2016
The NFL owners can thank television viewership for the monumental hauls, resulting from broadcasting deals and advertising for a major chunk of this years revenue.
This information became public record because the Green Bay Packers are required to report their earnings. The $222.6 million represents a 6.4 percent increase from the $209.1 million earned last year, per Bloomberg.
Regarding the league as a whole, the NFL has secured or renewed contracts over the past few years including nine-year extensions with NBC, CBS and Fox. Furthermore an eight-year $12 billion deal with DirecTV has been agreed upon through 2022, per the the report.
It would appear that the money will just keep flowing for quite the years to come considering the popularity of the sport.
As a side note, it is rather stunning that NFL owners continue to seek public money for new stadiums. The Oakland Raiders are currently working on a proposal to move to Las Vegas in which the taxpayers would be on the hook for $750 million as it is currently laid out.
That’s just a little food for thought.