I base this on the leading characteristic of a monopoly, as taught to me by the greatest economics professor of all time, Vincent D’Andrea. A monopoly is characterized by its formidable barriers to entry, and maintenance of limited to zero competition.

In Layman’s terms: not only can you not compete with the NFL, you can’t even feasibly think about it.

The NFL is the most watched sport in this country, and their marketing people are well aware of that. Despite being a multi-billion dollar business; the element of broadcasting the NFL still somehow appears to be a privilege.

In 2001, the NFL completely cut ties ...

Read Complete Article at Bleacher Report - NFL