How does the revenue from domestic media rights affect the financial health of sports leagues?

The revenue from domestic media rights significantly contributes to the financial health of sports leagues. It provides a substantial portion of their income, which can be used for various purposes such as player salaries, infrastructure development, and other operational costs. For instance, the five largest professional US sports leagues have earned more than $210 billion from domestic media rights from 1980 through 2023, with the NFL making up 65% of that revenue. This revenue stream is crucial for the sustainability and growth of these leagues.

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From 1980 through 2023, the five largest professional US sports leagues will have earned more than $210 billion from domestic media rights alone, with the NFL making up a staggering 65%, or one hundred and thirty-six billion of that revenue. In 2023, broadcasters and streaming services will pay $15.4 billion a year for all their sports broadcasting rights. That's billions of dollars for billions of viewers. (Source)

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