• Loading stock data...
Wednesday, October 9, 2024
The Best Employers in Sports survey is now open! Take the survey

NFL Reportedly Hit $11.1B in Revenue During 2021

  • Revenue for the NFL’s 2021 season reportedly reached $11.1 billion.
  • The figure is 12% higher than 2020’s revenue.
NFL-Revenue
Kirby Lee-USA TODAY Sports

National revenue for the NFL’s 2021 season reportedly reached $11.1 billion — totaling $343.75 million for each team.

The figure is 12% higher than in 2020, according to a report, which says it’s a record tally — though in January, Bloomberg reported the NFL’s 2019 revenue to be $15 billion, with the goal of boosting it to $25 billion by 2027.

The figure from Thursday’s report includes media rights, sponsorships, and shared revenue and royalties from NFL subsidiaries and affiliates. 

  • Sponsorship revenue for the league reportedly increased 23%. Outlets recently reported that the league was nearing $2 billion in sponsorship deals for the first time.
  • Before the start of the season, it was estimated the teams’ revenue would fall between $335 million and $340 million.

All but one of the league’s 32 teams are privately owned, meaning local revenue isn’t known. The Green Bay Packers are the sole NFL franchise that makes results public, though their figures give insight into the rest of the league. 

The Packers’ 2021 report will be released this month. In 2020, they reported $309.2 million in revenue — up from $296 million in 2019 — with $62 million in local revenue.

Future Finances

The NFL’s revenue is poised to go up. Last year, the NFL signed broadcasting deals worth roughly $113 billion, setting teams up for more than $400 million in revenue. Most of the deals begin in 2023, but ESPN’s deal — roughly $2.7 billion annuallybegan this year.

The league is also working to grow its international business to $1 billion. Last year, it began allowing teams to market in specific foreign countries.

Linkedin
Whatsapp
Copy Link
Link Copied
Link Copied

What to Read

Breanna Stewart

Why WNBA Finals Are Threading the Needle During Peak Sports TV

The league’s new media deal could solve the problem.

Ryan Smith Sees Salt Lake City As Next Vegas-Like Sports Town

Utah Hockey Club’s owner says all the pieces are falling into place.

Deshaun Watson Settles Most Recent Suit Accusing Him of Sexual Assault

The Browns quarterback still has two active suits against him.

How the WWE’s Farm Circuit Became a Primetime Draw

NXT produces generational talent—and it occupies a new prime-time network slot.
podcast thumbnail mobile
Front Office Sports Today

Shams to ESPN; NHL Drops Puck

0:00

Featured Today

A DraftKings sign

A DraftKings Exec Left for Fanatics. Then the Bitter Legal Battle Began

Mike Hermalyn has been sidelined at Fanatics for nine months now.
opinion
October 6, 2024

Where Is the Dang Game? Fragmentation Has Hit Fever Pitch

A correction is coming in the increasingly confusing landscape of live sports.
October 5, 2024

MLB Gets the Shohei Ohtani Postseason Treatment. The Value Is Immense

The Japanese superstar finally makes his playoff debut Saturday.
The Cal mascot, Oski
October 2, 2024

How the Calgorithm Turned College Football Twitter Into Real Life

“College GameDay” makes its first trip to Berkeley on Saturday.

Fanatics’ NHL Jersey Plan

The sports merchandising giant rolls out four tiers of redesigned NHL jerseys.
Topgolf
August 7, 2024

Callaway ‘Disappointed’ With Topgolf, Exploring Spin-Off

Callaway announced a strategic review of Topgolf during its Q2 report.
A view of a Nike retail store in New York City.
August 15, 2024

Nike Shares Surge As Bill Ackman Invests, Igniting Turnaround Hopes

The billionaire hedge-fund executive holds significant influence in the market.
Sponsored

How UBS Crafts Impactful Partnerships Across Sports, Arts, and Culture

As UBS continues to expand its impressive array of sports and entertainment partnerships, the company solidifies its position as a leader in wealth management.
June 25, 2024

Mets Owner Buys Chunk of Knicks Owner’s Las Vegas Sphere

Cohen made the investment through his hedge fund, Point72.
Sep 10, 2023; Flushing, NY, USA; Novak Djokovic of Serbia reacts towards his player's box during a changeover against Daniil Medvedev (not pictured) in the men's singles final on day fourteen of the 2023 U.S. Open tennis tournament at USTA Billie Jean King National Tennis Center.
May 29, 2024

Ticketmaster Causes Eras Tour–Like Disappointment in Tennis, One Week After DOJ Lawsuit

Tennis fans struggled to get tickets during the US Open presale.
May 20, 2024

Fanatics Sues Marvin Harrison Jr., Says He Leaked ‘Misleading’ Info to ESPN

Harrison’s side says the two sides don’t have a contract, which Fanatics disputes.
April 19, 2024

Nike Cuts Over 700 Jobs In Second Phase of Layoffs

“Nike’s always at our best when we’re on the offense,” the company says.