Football equipment costs a lot of money
Football equipment cost a lot more than expected last year, but it’s still costing the United States a lot less than the cost of goods sold by the country’s biggest corporations.
The Commerce Department reported Monday that NFL players’ wages were up only slightly from last year.
But that was due in part to the league’s move last month to reduce players’ average starting salaries by about 5 percent.
The median salary for NFL players in 2015 was $11.5 million, according to data from the Associated Press.
That dropped to $9.9 million last year after the league adjusted its figures to account for inflation.
The league’s total revenue rose 2.5 percent last year to $1.5 trillion.
But the biggest gainers were the companies that make football equipment.
Nike, Adidas, and Reebok made up a majority of the company’s total revenues in 2015.
Adidas was the largest manufacturer of uniforms, while Reeboks was the company most commonly used in football stadiums.
Reebos revenue increased 12.9 percent to $5.9 billion.
The NFL Players Association said last month that the salary increases were a way to keep costs down.
That has also boosted revenues for some of the big retailers.
Macy’s saw a 13.5-percent increase in revenue in 2015, while Kohl’s saw an 18.2-percent jump.