As is the case every year, the National Football League made bank during the 2023 season, and that large sum of money is trickling down to the Las Vegas Raiders and the rest of the teams in the league.
Per Kurt Badenhausen and Lev Akabas of Sportico, the Raiders and the other 31 teams pulled in somewhere between $402 and $425 million in 2023 thanks to the league’s revenue-sharing program, which had a pool of around $13 billion.
The exact number Las Vegas brought in isn’t clear because four teams reported four different numbers to Sportico based on different factors.
Those totals included $402 million, $404 million, $418 million and $425 million.
As if all that wasn’t enough, the Raiders also received money from shared gate receipts.
Every team is required to contribute 34% of its ticket revenue to a pool that is equally shared.
The Raiders’ cut from that was another $20 million, per Sportico.
It is truly astounding how far the league has come in terms of making money, and it is only going up.
It’s further proof that the NFL is the King of American professional sports.
The Las Vegas Raiders last won a playoff game during the 2002 season. However, there are reasons to believe that 2024 can bring an end to their drought of postseason victory.
Las Vegas gelled under interim—and now full-time head coach—Antonio Pierce late last year and notched victories over all three AFC West opponents.
The Raiders also made some noteworthy additions in the offseason, including those of Gardner Minshew, Christian Wilkins and Brock Bowers.
Still, there are roster holes that need to be addressed before training camp opens on July 21.
The good news is that the Raiders have $34.1 million in cap space with which to work.
