The total value of the NFL's 32 franchises is estimated to be somewhere in the neighborhood of $63 billion. To put that into perspective, the total value of every MLB team is “only” about $36 billion.
It wasn't always this way. There was a time when your average professional football player was just a blue-collar worker who played in their free time. Every NFL team can trace their roots to this simpler time when football was more of a hobby than a career choice.
For the Green Bay Packers, their NFL dynasty began with a $500 loan given in good faith.
Read Full Article »