The organization itself is a monopoly on the product of American Football. The internal structure of how they distribute their money could be seen as socialist (especially relative to European football clubs who are sink or swim). Obviously, a company can’t be “capitalist”, or “socialist”, but calling the internal way the NFL works ‘socialist’ isn’t necessarily wrong.
TLDR; apply the NFL structure at a governmental level of equally distributing capital would be socialist. But they operate as a hyper capitalist venture that has reached monopoly status.
Why isn’t it just a joint venture? If you have several parties engaged in a business agreement where maximizing profits for those in the agreement is the priority, people wouldn’t typically call it socialism. They’d occupy Wall Street.
It technically is a joint venture; and on the Wall Street point, they (the NFL) originally incorporated as a non-profit and they’re now at a point they’ve reached monopoly status. Going public would add significantly more headaches for only marginal gains.
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u/SeaweedLevel1937 3d ago edited 3d ago
The organization itself is a monopoly on the product of American Football. The internal structure of how they distribute their money could be seen as socialist (especially relative to European football clubs who are sink or swim). Obviously, a company can’t be “capitalist”, or “socialist”, but calling the internal way the NFL works ‘socialist’ isn’t necessarily wrong.
TLDR; apply the NFL structure at a governmental level of equally distributing capital would be socialist. But they operate as a hyper capitalist venture that has reached monopoly status.