On Thursday, the NFL was ordered by a jury to pay north of $4 billion in damages to commercial and residential parties for what is being considered antitrust violations involving the league’s NFL Sunday Ticket package. Due to the fact that this was a federal antitrust lawsuit, damages can be tripled, meaning that the final number could be above $12 billion.
How impactful is this? For perspective, the league’s entire revenue stream in 2023 was $19 billion, meaning that it would be a significant haircut for the NFL and its clubs. On top of that, the NFL Sunday Ticket package is currently paying the league $2 billion a year, roughly half of what FOX and CBS pay for their two Sunday afternoon slates.