NFL Brands, marketing homework help

use at lease one outside article and incorporate into your analysis

Answer these questions comprehensively and thoroughly.
- Why does the NFL capture more of the public’s attention and dollars than any other sport?
- Why are sponsors so willing to invest so much in the NFL (sponsoring stadiums, buying ads, developing promotions and contests)
- Describe in detail the factors that contribute to the brand equity of the NFL. Describe and discuss recent trends associated with the NFL.
  - Trends in Revenues
  - Trends in Royalties from licensing deals
  - Trends in Cash Flows
  - Estimates of the Annual Growth Rate for the next decade
- Discuss the concept of brand equity, how brand equity is created, and the ways in which brand equity benefits a company.
  - Choose any other company (not necessarily in sports) and describe recent changes in their brand equity, based on the factors identified above)
- From the list of Recent Scandals associated with the NFL, select 2 recent scandals that affect in some way your perception of the NFL.
  - Describe the extent to which the scandals you chose are likely to make you or your friends less likely to view the NFL favorably.
- Discuss the scandal that recently affected Volkswagen dealing with their falsifying emissions reporting. Discuss how that scandal damaged the brand’s sales, stock prices and brand value.
  - Discuss why the NFL seems to not suffer brand damage from its scandals while other brands are hit so hard.
- Discuss how the public’s fascination with and involvement in sports betting may be fueling the NFL’s growth.
  - Describe potential dangers the league could suffer from a potential sports betting scandal.
    - You might want to search for the Chicago Black Sox Scandal.
  - Discuss whether you believe it is a good strategy for the NFL to embrace or tolerate sports betting, given the potential risks.