How much revenue did the NFL generate in 2023? Roger Goodell's guidance propels league to stratospheric heights

The NFL is one of the world's most valuable sports leagues, and its value has increased steadily under commissioner Roger Goodell's guidance.

According to Yahoo Finance, the league generated just under $20 billion in 2023. It was reported that $11 billion came from the NFL's broadcasting partners.

Here's a look at the revenue report per year since 2017:

• 2023: $19+ billion
• 2022: $18 billion
• 2021: $17 billion
• 2020: $12 billion
• 2019: $16 billion
• 2018: $15 billion
• 2017: $14 billion

Roger Goodell's guidance propels the NFL to stratospheric heights

Roger Goodell is one of the main reasons for the NFL's impressive revenue generation over the past few years. The league's commissioner has consistently looked for ways to broaden the NFL's horizon and explore the streaming industry.

Roger Goodell had previously set a goal for $25 billion in annual league revenue by 2027. Goodell believes that with the right marketing, and barring any unforeseen circumstances (like COVID), the league should achieve the target before 2030.

One reason for the NFL's constant revenue influx is its profitability. The National Football League offers great value to its partners and sponsors every year, so it's not surprising when they decide to renew the deals.

There's a reason why FOX, Disney, NBC, CBS, Google, Amazon Prime, and more paid the league $12 billion in 2023 for the broadcasting rights of regular and postseason fixtures.

Does the NFL generate more revenue than the NBA?

The NFL and NBA are two of the premier American sports leagues. Both teams are sponsors' dreams, as they are followed all over the world and rake in billions of dollars for everyone involved.

However, despite the NBA's popularity, their revenue pales in comparison to the NFL. According to reports, the NBA earned $10 billion in the 2021 season, while the NFL earned a staggering $17 billion in revenue during the same time frame.

It's also important to note that the NBA crossed $10 billion in revenue for the first time in 2021, while the NFL achieved the feat in each of the last five years. Hence, it wouldn't be a stretch to say that the Adam Silver-led NBA is playing catch-up with the Roger Goodell-led NFL.