Accounting and the Super Bowl
NFL player’s salaries are big but the gigantic winners this year – the Denver Broncos and the Seattle Seahawks – are playing in the Super Bowl today! If you ask a player they will say the Super Bowl is not about the money.
In a regular season, the new players make an annual salary of $400,000 and the oldies like Peyton Manning amass an annual salary of $15 million. Winning the Super Bowl adds an additional $92k for the winners and $46k for the losing team per player. The winning team get to leave with the infamous Super Bowl Ring worth about $5k in tangible value and $$$$ in the prestige of acquiring a Super Bowl charm.
Since I am not a football fan I watch the Super Bowl for the commercials. This year the average 30 second commercial costs $4 million!! That is a mere $133,000 per each second!! I look forward to seeing these exciting ads!
Cheers to the teams and the ads!!