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Why the NFL Is Not Too Big to Fail

By Matt Rogers On April - 30 - 2012

In October of 1929, Joseph P. Kennedy made the decision to get out of the stock market when he received a stock tip from a shoe-shine boy.

In the late 1990s, American Online was the dominant internet provider in the world.

In 1999, Ebay was on its way to becoming the most powerful internet market anywhere.

In 2002, Yahoo! was the biggest internet search platform.

In 2005, Fox Corp paid $530 million for MySpace.

In 2006, Google was the most used search engine globally.

In 2007, housing values were at historic highs and millions of people had become “real estate millionaires.”

In 2011, the NFL has become the most powerful league in the world when it comes to sports. No other league, from baseball to basketball to English Premier League football, comes close to the revenues that the NFL brings in through its TV contracts, ticket and merchandise sales and other various lines of revenue.

We are now at the point where the dominance of the NFL is beyond question. No one can deny the power and influence that the sport has over the world. It is bro...

Read Complete Article at Bleacher Report - Sports & Society
Article is property of BleacherReport.com

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