Tuesday, March 29, 2011
In a series of articles written by nfllockout.com, the lockout taking place in the NFL is discussed. We've all seen and heard the reports over the last couple weeks. Although the players and owners have been working diligently to solve this issue, they have not really accomplished anything. If the issue is not solved soon, the NFL, players and workers could see a serious economic downfall in the future. The NFL employs over 100,000 employees nationwide. With the lockout taking place, people are not able to work and essentially get paid. On average, a single game generates 20 million dollars for the local economy. This could cause a decline in restaurants and bars that thrive gameday. And lastly, the general public has paid nearly 7 billion dollars toward the construction of stadiums to host the venue. Without NFL games being played in these stadiums and no money stimulating the local economies, our tax dollars that helped fund these stadiums would go to waste. If the owners and players do not reach an agreement soon, the NFL is jeopardizing losing a major fan base and incredible amounts of money.