There's no denying that fantasy football has evolved into a huge industry over the past few years. But just how huge is it? A new study asserts that American employers are losing as much as $6.5 billion each year to fantasy football.
Chicago outplacement firm Challenger, Gray & Christmas recently released a study calculating exactly how much money employers lose every year due to their employees procrastination and managing their fantasy football rosters. Their number? $6.5 billion.
In fantasy football, players (usually called owners) draft NFL players into their fictional teams and compete against each other throughout the NFL season. The statistics-based game boosts NFL ratings tremendously and brings in more than $1 billion per year. Popular sports sites such as ESPN often offer their own fantasy football leagues.
Um...this is bad...REALLY bad.