Economics Of Football (Nfl)

John Johnson February 12, 2009 ECON Chapter 3 UFL vs. NFL Currently, at that place is a group that thinks that the NFL is not producing plenteous footb both entertainment for consumers. This group of people is contemplating and strategizing well-nigh scratch a rival football coalition called the UFL (United football League). The UFL would make out with the NFL for players, and most importantly, fans. Officially, there is not other professionally football unite that competes with the NFL; there is Arena football, save it is on the verge of taking a season by due to monetary distress. Over the years the NFL has grown tremendously in popularity, strength, and marketplace spot. Due to its prominence m any(prenominal) rival leagues have all folded when competing against the NFL. The only professional league that rivaled the NFL in market power and popularity was the AFL, but this league was finally brought-out by the NFL. The NFL has rattling pocket able competition and operates as if it is a monopoly. thither is the option for any league to emerge, but there are several foundation barriers that keep the NFL as the furbish up provider of professional football entertainment.

Foremost, there are huge start-up costs and the NFL has a very loyal fan base. To be able to compete with the NFL an giving medication has to have billions of dollars in capital in order to bring in NFL prospects and ready or rent playing facilities. Additionally, a league of much(prenominal) magnitude would have to be approved by the government. Ultimately, it would be very hard for t he UFL to become a rightful(a) competitor o! f the NFL. There are enormous cost, NFL market power, dent reputation, and player retentiveness to compete against. ESPN News Services. “Mavs Owner Cuban Says Pro football Demand is Greater Than Supply.” ESPN. Date accessed 02/12/09. http://sports.espn.go.com/nfl/news/ stage?id=2887465If you want to get a full essay, order it on our website: OrderCustomPaper.com

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