Open in App
  • Local
  • U.S.
  • Election
  • Politics
  • Crime
  • Sports
  • Lifestyle
  • Education
  • Real Estate
  • Newsletter
  • Sporting News

    NFL cuts Indianapolis Colts massive check, with more to come

    By Kevin Hickey,

    6 hours ago

    https://img.particlenews.com/image.php?url=4SL9lS_0uJeOpZN00

    Business is booming in the NFL. The Indianapolis Colts and the rest of the league are prospering because of it.

    According to Kurt Badenhausen and Lev Akabas of Sportico , the NFL enjoyed a sensational campaign, generating just under $13 billion in national revenue for the 2023 season.

    That means the Colts, along with the rest of the league, got cut a massive check of $404 million for the previous campaign — an increase of $30 million from the 2022 season.

    Sportico noted that the national payout for each team is up 115% over the last decade. Not only is that a healthy increase, but they also expect a similar rate of increase over the next decade.

    If it continues to trend that way, it would mean upwards of $800 million per team.

    The NFL made headlines this offseason after losing a lawsuit in regards to the "Sunday Ticket" package.

    While they are appealing the ruling, every team across the league may have to handle the compensation. If the ruling doesn't change, and the NFL is on the hook, damages could result in each team paying a share of $14.4 billion — or roughly $450 million per team.

    The revenue share for each team should help ease the load if the league does have to make those payments, and it's just another reminder of what kind of Goliath the NFL is.

    Expand All
    Comments / 0
    Add a Comment
    YOU MAY ALSO LIKE
    Local Indianapolis, IN newsLocal Indianapolis, IN
    Most Popular newsMost Popular

    Comments / 0