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Company Overview Of The National Football League (NFL)

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The National Football League (NFL) is a professional American football league that was founded in 1920 as the American Professional Football Association and later changed its name to the NFL in 1922. The league consists of 32 teams that are divided equally between the National Football Conference (NFC) and the American Football Conference (AFC). The NFL is known for its highly competitive environment, with teams constantly striving to improve and win championships. The league season runs from September through February, with a total of 17 regular-season games and playoffs leading to the Super Bowl in February. The NFL is governed by a board of owners, with the commissioner serving as the league's chief executive officer. The league has a salary cap, which limits the amount of money that teams can spend on player salaries. This allows for more competitive balance within the league. The NFL is heavily involved in community service initiatives, including supporting youth football programs and charitable organizations. One of their biggest programs is the NFL play 60 program which …show more content…

Since the NFL has no real barrier of entry and virtually no competition to go against it, the NFL runs as a monopoly over American football. Any player that wants to play professional football will try and go to the NFL before going to any other league. The revenue for the NFL is determined based on the demand of the games they put on. If no one wants to go watch these NFL games then the league will lose money and inevitably fail similar to the smaller American football leagues that have popped up and disappeared seemingly overnight. Each game brings in many people and the more competitive the game and the teams that are competing the higher the demand and the more revenue the team will bring in in both ticket sales as well as concessions and

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