Worldwide, the sports industry has become synonymous with big business. It has been estimated by the United Nations that sports account for nearly 3% of global economic activity. The most profitable sport in the world is professional football under the management of the National Football League (NFL). With multimillion-dollar signing contracts, the economic appeal of pursuing a career as a professional sports athlete is unquestionably strong. But what are the realities? Only 5.7% of high school football players go on to play at the college level. Of these, only 1.8% will play in the NFL. About 40% of the NFL players have a career of more than 3 years.
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Worldwide, the sports industry has become synonymous with big business. It has been estimated by the United Nations that sports account for nearly 3% of global economic activity. The most profitable sport in the world is professional football under the management of the National Football League (NFL). With multimillion-dollar signing contracts, the economic appeal of pursuing a career as a professional sports athlete is unquestionably strong. But what are the realities? Only 5.7% of high school football players go on to play at the college level. Of these, only 1.8% will play in the NFL. About 40% of the NFL players have a career of more than 3 years.
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