Andrew Brandt Explains the NFL Money Machine

Andrew Brandt Explains the NFL Money Machine Head to cozyearth.com and use code WINGO for an exclusive 20% off. Andrew Brandt joins Trey Wingo to break down why NFL money keeps getting bigger and why team valuations are reaching numbers that used to seem impossible. Trey starts with the sale of the Seattle Seahawks for $9.6 billion. The number itself is massive, but what stood out even more was how quickly NFL franchise values have exploded. The Washington Commanders sold for more than $6 billion just a few years earlier. Before that, the Carolina Panthers sold for $2.27 billion and the Denver Broncos sold for $4.6 billion. Andrew explains why the NFL finally opened the door to private equity and what that actually means. These investors are not controlling coaches, players, concessions or football decisions. They are mostly putting money into the system because NFL ownership has become one of the most valuable assets in sports. The conversation also gets into fractional team sales with the Bills, Raiders, Eagles and Giants. Andrew points out that the Giants selling 10 percent for $1 billion implies a $10 billion valuation, even without a full team sale. From there, Trey and Andrew discuss the bigger question: where does the money stop? The NFL has survived concerns around concussions, politics, protests and oversaturation, and Andrew says there still does not seem to be any real threat to the league’s dominance. The league has long-term media deals, an owner-friendly CBA, and a fan base that keeps watching. Then the conversation shifts to tech money and media rights. Trey points out that 90 of the top 100 rated TV shows last year were NFL games, and that traditional networks cannot really exist without the NFL. But companies like Apple, Google, YouTube and Amazon operate differently. They do not need the NFL the same way legacy networks do, but if they decide they want it, they have the money to drive the price even higher. Andrew explains how quickly streaming-only NFL games have become normal and why the next media rights cycle could change the entire sports television business. This is the NFL money machine: franchise values, private equity, streaming, tech companies and media rights all pushing the league into a financial universe of its own. Hosted by Simplecast, an AdsWizz company. See https://pcm.adswizz.com for information about our collection and use of personal data for advertising.