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Nfl Industry Analysis Essay

600 Words3 Pages

The National Football League is one of the most important leagues around the world. It doesn’t matter who is going to play. Tens of millions of people watch the games. The NFL is the most popular show on TV and obviously the sport that represents the American culture. In reality, the NFL is about a public business trying to generate capital gains from stadiums and TV. It is like a Wall Street firm in sports. There are only 32 teams in the NFL sharing capital gains, players, and some of them like the Green Bay Packers are nonprofit organization that means they release annual reports to its shareholders. In order to understand the NFL in the financial side, I’ll perform an industry analysis using the 5 competitive forces that shape the image of the industry, and it helps determine the major weaknesses and strengths. 1. Competitive rivalry: The main goal with this section is to identify how intense is the competition currently in the marketplace, in this case in the NFL. As you know in the NFL the competitive rivalry is high because there are only 32 teams in the international/ domestic market. In reality, there are only a few teams equally selling the same idea and every team is capable to do brilliant plays during the game. 2. Bargaining power of suppliers: This segment focuses on how much power every team has and how much control it has over the …show more content…

Bargaining power of customers: The main objective is to look at the power of the consumer to affect pricing and quality. For any industry, the consumer has the ability to harm/ help financially any company. In the NFL, the games are mainly for the consumers (fans). In the NFL it is hard to have high bargaining power of customers because it doesn’t matter if the team plays terrible, the fan always will support his/her team. The presence of available substitutes is there but the switching to another team idea is not something realistic. Fans will stay on the same team mostly for favoritism, and influence of someone

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