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Twitter burns as Owners ratify

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Old 07-24-2011, 01:45 PM   #28
NC_Skins
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Re: Twitter burns as Owners ratify

Quote:
Originally Posted by SirClintonPortis View Post
Inflation has not been that high. In fact, the highest average yearly inflation percentage was 4.1% in 2007.
Current Inflation Rates | Monthly and Yearly Chart, Graph and Table: 2001-2011 Data - US Inflation Calculator

Not only that, but cheaper labor costs means an increase in profits, which the corporation or partnership or sole proprietorship can then use to lease out those luxury boxes, which provides a rather significant chunk of the revenue that teams get.
I wasn't implying that inflation is sky high. I'm comparing it to the rise of family income. I think the average median family income in most states were down, while inflation rose.

Income Data - State Median Income - U.S Census Bureau

I maybe 100% wrong on the NFL nearing it's max revenue, but I think we'll know soon enough. If the economy continues to dump, don't expect it.
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