Md. Could Lose $2 Million Per Home Game If NFL Cancels Season | WAMU 88.5 - American University Radio

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Md. Could Lose $2 Million Per Home Game If NFL Cancels Season

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The Maryland Comptroller is expressing concern about the potential loss of revenue if the NFL 2011 season is cancelled.
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The Maryland Comptroller is expressing concern about the potential loss of revenue if the NFL 2011 season is cancelled.

Maryland Comptroller Peter Franchot described the report as the first of its kind in the nation to gauge how a canceled season would affect revenues in state and local governments.

Maryland is home to the Baltimore Ravens and the Washington Redskins, who play in Landover. The study estimated that each cancelled home game of the Redskins or Ravens could result in a $2 million loss in tax revenue.

Maryland would lose income tax paid to the state by players and other NFL team employees and sales from concession stands and merchandise. The state would also miss out on admissions and amusement tax, which is generated from the purchases of NFL tickets.

The study also considered indirect sources of revenue, such as sales tax collections and alcohol taxes from restaurants or bars during and after games.

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