The NFL protests started around a year ago, when former San Francisco 49-ers Quarterback Colin Kaepernick took a knee during the playing of the national anthem. And now, the more players and teams which followed this leftist trend of disrespecting the American values, the more their ratings have plummeted, sending the team owners into a full panic mode.
And while the first TV contracts were signed before Kaepernick so that the money they receive is safe for the time being, every team owner knows the truth – that contracts have out clauses and their funding is not as safe as it appears.
But the fans are outraged and there is nothing that will save the league from suffering major fund declines.
Initially, the NFL made money through selling seat licenses, secondary market ticket sales, parking spots, merchandize, food and drinks, all of which generated money that the league got to keep for themselves.
Shortly put, they made tons of money from selling over 70,000 beers, 20,000 parking spots, as well as tons of snacks and jerseys, not to mention the fact that they charged enormously high prices for everything, for example, $12 per beer.
— Empty Seats Galore (@EmptySeatsPics) October 22, 2017
But one thing is for certain – a larger part of their funding depends on the fans who show up at the stadium. Unfortunately, outraged fans have crushed their plans as they started burning seasonal tickets, leaving the profitable stadiums nearly empty, and tuning out of the broadcasts resulting in catastrophic ratings.
— Daryl Ruiter (@RuiterWrongFAN) October 22, 2017
Worst of all, major sponsors have also started pulling out their ads from the games, resulting in some pretty bad news for the league.