NATIONAL FOOTBALL LEAGUE - (NFL)

NFL is a professional sports league in the United States that acts as a trade association for franchise owners to promote the sport, license team names and logos, collect dues and royalties, and develop new programs. NFL is one of the popular sports leagues of the U.S., which is comprised of 32 franchises that compete each year to win the Super Bowl, the world's biggest annual sporting event. It developed the model for the successful modern sports league, including extensive revenue sharing and national distribution. According to the [Business Week](http://www.crunchbase.com/organization/business-week) magazine, NFL is one of America's best-run businesses. NFL was founded in 1920 and is based in New York.