Revenue Impact of Lost NFL Season on Maryland

June 22nd, 2011

If the entire NFL season is canceled, the state of Maryland will lose approximately $40 million, according to one study.

Both the Redskins and Ravens play their home games in Maryland. Direct and indirect activity from the two teams’ home games would bring in an estimated $40 million in tax revenues for the state. If the season is canceled, that money would be lost. Maryland is one of many U.S. states needing increased revenues as it endures the road to economic recovery.

The study states, “Maryland, which hosts two NFL teams, could see a measurable impact on its economy and state and local tax revenues if the NFL season is cancelled or shortened.”

It adds, “Maryland will face a significant revenue shortfall from lost income tax revenues in the event of a full-year lockout. The state could lose between $11.01 million and $12.31 million in direct income tax, while counties could lose between $6.75 million and $7.54 million.”

Read the entire report for yourself here: Revenue Impact of Lost NFL Season (PDF).

Read a recent news story about this topic here.

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4 Responses to “Revenue Impact of Lost NFL Season on Maryland”

  1. gdn folks Says:

    Wow that’s a lot of money. Various professions will be deeply impacted across the state if the tax money from football isn’t received due to the lockout.

  2. NASH Says:

    NEED HAVE NFL GAMES THIS
    NEED A DEAL

  3. Marin Mitev Says:

    Thanks for the impressive articles

  4. Stefan Manov Says:

    Thanks for the impressive blog

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