Did you know that your local NFL team is a franchise? I knew that they were called franchises, but I didn’t understand that they were actually franchises. Bill Bradley explains:
In fact, with the extreme popularity of Fantasy Football, many of us act as fantasy “franchise owners” drafting our own players to fill our fantasy football rosters. We have roster limits and position limits and a set of rules we must follow just like a real NFL franchise.
Technically, the NFL is an unincorporated association, a federal nonprofit designation, comprising its 32 teams. Nevertheless, the NFL has a prototype business model every franchise must adhere to. Franchise owners like Jerry Jones of the Dallas Cowboys or Robert Kraft of the New England Patriots have very similar roles to that of a franchise owner of an AAMCO Transmission or Little Caesars pizza franchise or even 7-Eleven.
NFL football players are akin to employees at your local food franchise. The general manager at Saladworks or Meineke car care centers is not unlike the general manager of the Kansas City Chiefs. NFL general managers hire head coaches to run their football team while McDonalds hires a manager to operate the franchise business. The players and the employees are evaluated and if they’re not performing they are fired or waived, if you will, to be replaced by another player or employee.