There is substantial revenue sharing in the NFL. The Baltimore Ravens generated approximately $72 million in gate revenue (i.e. revenue from ticket sales) in 2019. The NFL as a whole generated approximately $2.4 billion in gate revenue in 2019. Use this information to calculate gate revenue for the Ravens after revenue sharing occurs.
There is substantial revenue sharing in the NFL. The Baltimore Ravens generated approximately $72 million in gate revenue (i.e. revenue from ticket sales) in 2019. The NFL as a whole generated approximately $2.4 billion in gate revenue in 2019. Use this information to calculate gate revenue for the Ravens after revenue sharing occurs.
Chapter1A: Appendix: Working With Graphs
Section: Chapter Questions
Problem 1E
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![There is substantial revenue sharing in the NFL. The Baltimore Ravens
generated approximately $72 million in gate revenue (i.e. revenue from ticket
sales) in 2019. The NFL as a whole generated approximately $2.4 billion in
gate revenue in 2019. Use this information to calculate gate revenue for the
Ravens after revenue sharing occurs.](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F72dee411-ab48-4496-9b5a-6db2ee5ada25%2F27083aa1-1374-4542-ae0f-87e3301ab179%2Fkzrm3q_processed.jpeg&w=3840&q=75)
Transcribed Image Text:There is substantial revenue sharing in the NFL. The Baltimore Ravens
generated approximately $72 million in gate revenue (i.e. revenue from ticket
sales) in 2019. The NFL as a whole generated approximately $2.4 billion in
gate revenue in 2019. Use this information to calculate gate revenue for the
Ravens after revenue sharing occurs.
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