
The NFL (2026 Update)
The NFL evolved from a disjointed, violent pastime into the world's most lucrative media property by adopting a 'Communist Capitalist' model of equal revenue sharing to ensure competitive parity. Through visionary leadership, strategic antitrust exemptions, and a mastery of television—and later streaming and private equity—the league created a self-reinforcing flywheel that turned a cornered resource into an unassailable business empire.
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