Like if the team wins a league, do the owners get paid any amount from the league itself? Or do owners make money from sponsorships, business deals etc
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It really depends on the Leagues contractual obligations to their players versus the broadcast revenues and merchandise sales they can generate.
In the case of the NFL, for instance, all teams could play their entire season in empty stadia, and they would still be earning a profit, so valuable is the League’s broadcast revenues.
In the case of the NHL, however, the only sure way for a franchise to guarantee profitability is to make the playoffs. All playoff gate revenues are basically pure profit for the home team.
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