Economics of Fantasy Football
Despite what you might think, Fantasy Football is more than just a game. With just over 22 million participants with jobs, Fantasy Football costs more than a friendly buy-in. If every participant spends one hour per week managing their rosters and the average hourly wage in the U.S. is around $19, the time spent moving players on and off the team adds up to $6.5 billion in lost productivity. That’s enough money to pay NFL refs for over three hundred years.
Earning an MBA allows students to take what they love, including NFL football, and make it into a profitable business. MBA degrees teach students about management, accounting and markets, all of which can help them turn their ideas into popular and desirable products and services.
