On Thursday, the NFL was ordered to pay over $4 billion in damages to commercial and residential parties for antitrust violations involving the league’s NFL Sunday Ticket package. Since this is a federal antitrust lawsuit, those damages can triple, and the $4 billion could be north of $12 billion when it’s all said and done.
It may not sound like a big deal, but the league’s revenue stream was $19 billion in 2023. The NFL’s Sunday Ticket package also pays the league $2 billion annually, which is about half of what FOX and CBS pay for their rights to Sunday afternoon games.