There will be a cost for the NFL not having the courage to do the right thing and fire the sonofabitches.
All they would have to do is fire one or two and then the rest would fall in line. Most of them if they couldn't run fast and jump high would be on welfare, in jail or flipping burgers.
Networks Could Take $200 Million Earnings Hit with Continued Slide in NFL Ratings
Networks Could Lose $200 Million if NFL Ratings Slide Continues
by
Warner Todd Huston21 Sep 2017
1,470
If NFL fans continue to turn away from football, the TV networks could lose as much as $200 million in earnings, according to a new report.
After ratings for Week Two
crashed, adding to the angst already felt by a poor showing in Week 1, industry insiders and analysts are sounding the alarm.
A new report
claims that CBS, ESPN, Fox and NBC could take a $200 million hit to their estimated $2.5 billion in NFL advertising earnings if fans continue to turn off the TV, the
The Hollywood Reporter noted recently.
The worries over earnings are not allayed by the fact that this season’s Week Two is the lowest mark for CBS since 1998. And the first two games of the season are down double-digits at a multi-year low compared to last year.
Guggenheim Securities analyst Michael Morris told THR that he had hoped the 2017 season would be better than last year, but admitted that “early results do not support this optimism.”
“Since the NFL season opened Sept. 7, shares of NBC parent Comcast are off 9 percent, ESPN parent Disney has seen its stock drop 3 percent and shares of CBS are down 5 percent,” THR wrote. “Only shares of 21st Century Fox have risen in that time frame, up 2 percent.”
Not only do analysts see a fall in ad revenue, but this decline may also result in falling stock prices for the networks.
Still, despite the declines, analysts also note that the NFL is TV’s biggest draw. However, as customer media consumption trends change, the NFL’s favored nation status among smaller quantities of viewers, may not be enough to stave off severe belt-tightening.
“Since the NFL season opened Sept. 7, shares of NBC parent Comcast are off 9 percent, ESPN parent Disney has seen its stock drop 3 percent and shares of CBS are down 5 percent,” THR wrote. “Only shares of 21st Century Fox have risen in that time frame, up 2 percent.”
Fans are leaving the league in droves, and several recent polls and studies
show that political activism accounts for a big reason why.
In a poll last year, 44% of fans
said they would stop watching the NFL if protests against the national anthem continued. In addition, a J.D. Power
survey showed fans citing the anthem protests as the main reason they stopped watching NFL games.
Follow Warner Todd Huston on Twitter @warnerthuston.