Abstract and Keywords
This chapter outlines the relevant economic literature pertaining to the birth and evolution of football as a sport in the United States, and also reviews the game from its birth until the formation of the National Football League (NFL). Next, it briefly deals with some of the themes regarding football that have been explored in the rest of the literature. The classification of the literature on the NFL includes: the creation of NFL institutions that have led to increased competitive balance; the impact of race on players' and coaches' success in the NFL; betting on NFL games; issues of market power and profitability; and the cost-benefit analysis of hosting an NFL team. The United Football League has quietly entered markets where the NFL does not have a presence. It started play in 2007 and may gain market share if the NFL locks its players out for the 2011–2012 season.
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