Showing posts with label Football. Show all posts
Showing posts with label Football. Show all posts

2014-04-28

Portugal had more tourists than Brazil in 2012

This is a surprising result, because Brazil has an area which is 92 times bigger than Portugal.

In 2012, Portugal had 7,6 million tourists, which is not even close than the world tourism country leader (France) which received 83 million tourists in the same year.

However, although its size, Brazil had only 5,6 million tourists in 2012.

The Brazil tourism performance will certainly increase in 2014 with the Football (Soccer) World Cup and in 2016, with the Rio Olympic Games.

Source: UNWTO

2014-02-08

Is NFL under a socialist business model?

NFL is a $10 billion-a-year business, with 32 member teams whose players compete on the field, but whose owners cooperate in a socialist business model keeping America's favorite sport very profitable.

Is NFL under a socialist business model?
Under NFL rules, all the teams are required to share 80% of their revenue with each other.

So, even teams that generate more revenue, only keep 20% of that advantage for themselves. The rest 80% revenue which they generate are sent to a shared pool of revenue and then distributed among all other teams.

Also, NFL has a draft model for new players and there are salary caps, to control irrational competition among teams.

Why this creative business model works?
Applying this model allows NFL to create the most competitive league. Every season, all teams have a real shot to win the Super Bowl, even the smaller ones.

That always create a magnetic interest effect over this sport, generating a huge fan base all over the USA, because their favorite local team, always have a shot of winning the trophy.

Therefore, if you successful increase your fan base and keep their interest on, you will raise ticket sales (25% of NFL revenues) and increase TV ratings, then profits go through the roof as NFL profits did.


Note: If you want to know more about this topic I recommend that you check "60 Minutes" interview of NFL CEO Roger Goodell, which inspire this article.