The Economic Impact of the Lockout

June 17th, 2011

The economic impact of the NFL’s lockout is far-reaching, with many groups being affected: individual cities, small businesses, stadium workers, staff, local hotels, restaurants, seasonal jobs, taxpayers and more—in short, anyone associated with the game. In addition, many industries depend on the NFL season such as sports betting, sports bars, food industries, video games and fantasy football. These are some of the businesses that will be the hardest hit if the lockout interrupts the 2011 season.

An infographic posted on The Sports Networker examines the wide impact and points to many interesting figures fans might not know.

For example, did you know that $400 million in gate receipts may be lost per week during the regular season? Or that 3,000 jobs could be lost in each NFL city if the lockout continues? How about that 28 of the 31 NFL stadiums were built thanks to public funding, and 11 of them were 100 percent publicly funded?

Go here to view the entire infographic. (With the hovering magnifying glass, click on the image to see the full-sized version.)

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3 Responses to “The Economic Impact of the Lockout”

  1. Anthony Says:

    Personally, I think that there should no longer be any public funding of stadiums. If you are going to raise prices on tickets every year, and make for ridiculous prices for food and other items, it shouldn’t be on the backs of fans and tax payers that you get a shiny new stadium. In fact, you should reimburse those whom would have to move because of the building of that stadium.

    If you are an owner of an NFL team, you have no right to complain about how you are afraid of not being profitable in the near future because you have been given plenty by the tax payers.

    I may not think that the players are perfect, obviously many will make more money in a few years than I will in my life. But at least they put their bodies on the line for that money,

    And maybe that’s how it should be settled. Get the best players in the league and put them against their owners. If you are gonna be greedy, maybe you should EARN some of that money instead of ripping people off.

  2. Lisa Says:

    I feel that both sides need to come to an agreement very very soon. i cannot fathom a Thanksgiving without football. i have not even read any summer news about new players, mini camps, etc. I just dismiss all. very very upset that they will deny the american people the right to the greatest sport on the planet, ok now besides hockey, coming from Boston, lol. OK going to wait till end of summer to buy hockey tickets, thank goodness Boston won, u know if football is gonna be selfish I can be just as……boy, i am so greatful for the Bruins and the season is right around the corner!!!! As a matter of fact putting a little Bruins tat under my little Pats tat next week, such a shame that the best sport of all time and on television is going to the crapper, shame shame on you, I should know all new players by now, the schedule and more. SUCK!!!!!!!!

  3. bob klepak Says:

    Excuse an old retired attorney but, if the NFLPA has decertified and it has, who will the NFL owners enter into the CBA with and if it is the NFLPA, how long will it take to get recertified so that the CBA is worth the paper it will be typoed upon.

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