We are not the champions..Super Bowl profits don’t go to the fans, yet.
Here are some stats from Reed and O’Neill (2022) on expected earnings from the Super Bowl. These profits don’t go to you or me. They go to the wealthy
conglomerates and billionaires who own the teams. I want to change that.
https://www.thestreet.com/lifestyle/sports/super-bowl-revenue
Tickets sales: “Even at the lowest possible range that would value the tickets to this Super Bowl at $66.5 million in total.”
Media Rights: “The NFL in 2021 signed an 11-year media rights deal for about $110 billion with CBS.”
Advertising: “CBS sold out all its Super Bowl LV advertising last year at $5.6 million for a 30-second slot, which reportedly generated $545 million, according to Reuters.”
Sales: “The average fan will spend about $79 on food, drinks, decorations, and other merchandise to celebrate the game.”
“The Super Bowl’s impact on a local economy is debated.”
Ask yourself, is this really my team? Can this be changed, so fans own the team, so I share in these profits, so community impacted isn’t debated but supported? The answer is yes; this can happen through multi-stakeholder cooperatives where fans own the team (51%). Green Bay Packers are an example. Change the sport to own your sport.
-Satoshi Soccermoto-
The article is for informational purposes only. Nothing in this article constitutes a solicitation, recommendation, endorsement, or offer of a security or token or a Decentralized Autonomous Organization. The article is for informational purposes only.
I am a writer that takes on the pseudonym Satoshi Soccermoto. I am on a quest to turn 100 followers to 100 potential sports owners and shift the power. Please follow my quest for answers and knowledge here on medium or at Twitter @ SatoshiSocrmoto
References:
https://www.thestreet.com/lifestyle/sports/super-bowl-revenue
