NFL Managing Partner

Industry:
Sports
Last Updated:
September 19, 2023

Job Description Overview

The NFL Managing Partner job description is an important role in the sports industry. This person is responsible for leading a team and running the operations of an NFL team. They work closely with owners and other stakeholders to make critical decisions that impact the success of the team. 

The NFL Managing Partner oversees all aspects of the team, from player contracts to ticket sales to marketing and branding. They also manage relationships with other teams and the league itself. This is a high-profile position that requires strong leadership skills, strategic thinking, and a deep understanding of the sports industry.

To be successful in this role, candidates should have experience in business management and sports operations. They should also have a passion for football and a deep understanding of the NFL. This is a challenging and exciting job that offers the opportunity to shape the future of a team and make a lasting impact on the sports world.

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Job Duties and Responsibilities

  • As a managing partner, you are the owner or ultimate decision-maker in the NFL team.
  • Your primary role is to develop and implement strategies that will ensure the financial success of the team.
  • You oversee the hiring of coaches, scouts, and other key personnel within the team.
  • Managing partners are responsible for building and maintaining relationships with sponsors, partners, and other stakeholders.
  • You must ensure that the team is in compliance with the rules and regulations set forth by the NFL and other governing bodies.
  • Making decisions about player trades, contracts, and salaries falls under your purview.
  • It is your responsibility to ensure the team delivers excellence on the field and makes playoffs regularly.
  • As a managing partner, you are ultimately responsible for setting the tone and culture within the organization.
  • You must make critical decisions to shape the future of the team, including strategic planning for draft picks or team relocation.
  • Finally, managing partners are responsible for overseeing the overall growth and development of the brand and fan base.

Experience and Education Requirements

To become an NFL Managing Partner, you need to have both education and experience in the sports industry. Most NFL Managing Partners have a bachelor's degree in a relevant field such as business, finance or sports management. They then gain experience working in the sports industry in roles such as team executive, sports agency, or league operations. Further education like a master's degree may also be necessary in some cases. Leadership and management skills are also highly valued in this role. Being successful in this job requires a strong understanding of the industry, a passion for sports, and the ability to make important decisions that can impact the success of the franchise.

Salary Range

An NFL Managing Partner is a high-level executive responsible for managing an NFL team's daily operations, including marketing, operations, budgets, personnel, and more. If you're wondering about the salary range for this position, in the United States, the expected salary range for an NFL Managing Partner ranges from $1 million to $10 million per year, depending on the team's size, the location, the team's revenues, and the candidate's experience.

In some countries, comparable positions might have different titles, but the pay scales for similar positions are relatively comparable to the US. For example, in the UK, a Premier League football club's Chief Executive Officer (CEO) earns an average salary of £1-2 million, which is roughly $1.5-2.5 million, depending on the exchange rate.

As you can see, managing a professional sports team can be a financially rewarding career. However, these individuals are also held to high standards and expected to deliver results for the team and the organization.

Sources:

  • https://www.salary.com/research/salary/benchmark/nfl-managing-partner-salary-range
  • https://www.uk.kpmg.com/uk/en/issues-and-insights/articles-publications/sports-salaries-report-2020/football#results
  • https://www.sportekz.com/most-expensive-coaches-in-nfl/

Career Outlook

The career outlook for an NFL Managing Partner in the sports industry over the next 5 years is positive, but competitive. According to the Bureau of Labor Statistics, employment for top executives in the sports industry (including managing partners) is projected to grow by 6% from 2019 to 2029, faster than the average for all occupations. However, the demand for these positions is high, and the competition is fierce, as there are more qualified candidates than available jobs. Therefore, managing partners who can demonstrate strong leadership, strategic thinking, and financial acumen, as well as a deep understanding of the intricacies of the NFL, are more likely to succeed in this role. 

Source: https://www.bls.gov/ooh/management/top-executives.htm#tab-6

Frequently Asked Questions (FAQ)

Q: What is an NFL Managing Partner?

A: An NFL Managing Partner is a person who owns a majority stake in an NFL team and is responsible for managing the team's operations, including hiring staff and making business decisions.

Q: What are the responsibilities of an NFL Managing Partner?

A: The responsibilities of an NFL Managing Partner include overseeing the team's day-to-day operations, making strategic business decisions, managing the team's finances, and representing the team in league meetings.

Q: How much money does an NFL Managing Partner make?

A: The amount of money an NFL Managing Partner makes varies depending on the team's financial success, but they can earn millions of dollars per year in their role.

Q: How does someone become an NFL Managing Partner?

A: To become an NFL Managing Partner, a person must first have the financial resources to purchase a majority stake in an NFL team. They must also have a solid business background and a deep understanding of the sports industry.

Q: Can an NFL Managing Partner also be the team's coach or general manager?

A: It is possible for an NFL Managing Partner to also be the team's coach or general manager, but it is not common. Usually, these roles are held by separate individuals who report to the Managing Partner.


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