Posted by: coastcontact | January 13, 2016

Why is the NFL Moving a Team to Los Angeles?

It’s all about the money. Building a $2 Billion stadium is in the financial best interest of the NFL.

The NFL (National Football League) and its 32 teams took in an estimated $12 billion in 2014, a 14.3% jump from the previous year’s estimated total of $10.5 billion.

As of September 2015 the New England Patriots annual revenue was $494 Million. Their income $195 Million. Seats in the stadium cost $130 each. That is in a metropolitan area of 4.2 million people.

Consider the Los Angeles/Orange County population of over 13 million people. The fan base will bring even higher seat prices and merchandise sales that the Patriots can only dream about.

$$$ The NFL is a smart business. The owners of those clubs see big dollar signs. $$$


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