Americans Spend $422 Billion Per Year On Sports
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March 25th, 2012 by Ryan
Tagged as: MLB,Nascar,NBA,NCAA Football,NFL
Here’s an infographic on the Business of Sports. What surprised me most about this information is the low profit margins in the 4 major sports. Most revenue gets eaten up by expenses. Every league but the NFL has less than a 10% profit margin. The NBA is the worst of the bunch. Which means it’s the poorest run business of the 4 major sports. Which doesn’t really surprise me. David Stern has been terrible for the league over the last decade.
From: Top Business Degrees
Another thing that I think this infographic overlooks is the portion of this $422 billion that gets spent on gambling in sports. I’m willing to bet it’s close to 50%. Look at that one gigantic “red” state in the middle of the USA map.
The last not so surprising thing I see in this infographic is the fact that hockey generates almost as much revenue and profit as basketball despite the fact that basketball is less regional. Hockey is definitely a more regional sport (northerners) but has managed to gain passionate fans wherever it goes, even in the south.
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