NFL Sees Modest Revenue Growth as Sponsors Stay Shaky on Economy

The National Football League’s 32 teams expect modest revenue growth this year due to a sluggish economy and uncertainty over government tax and spending decisions, said Eric Grubman, the NFL’s executive vice president and president of NFL Business Ventures.

Grubman, a former managing partner at Goldman Sachs & Co., said the league’s fortunes will improve in 2014 when a contract extension increases television revenue. The NFL’s TV revenue will rise to an average $7 billion annually through 2022 from an average $5.1 billion under current agreements.