Do you ever wonder when you buy something from a company that is supporting a cause, how much of the price of the item actually goes towards the cause? I read the below article today from “Business Insider” about the NFL and its Breast Cancer Awareness month.
“Why Is The NFL Profiting Off Of Breast Cancer?
Cork Gaines | Oct. 10, 2012, 7:19 PM | 1,223 | 4
It is Breast Cancer Awareness month, and the NFL is doing its part to support the cause as the league has become saturated in pink. However, off the field, it is a different story.
Many of the items seen on the field can also be purchased in the NFL’s online shop. But while the items on the field will be auctioned off with proceeds going to the American Cancer Society, it is less clear how much of the sales of pink gear in the NFL Shop go towards research.
According to the website, by purchasing pink items in the NFL Shop, fans can “support the fight against breast cancer with pink NFL breast cancer awareness gear.” Of course, there is a huge difference between supporting “awareness” and donating money to research. In the case of the former, most of the money ends up in the pockets of billionaire NFL owners.
When we contacted the NFL for clarification, we were told 5% of the sales are being donated to the American Cancer Society. If the pink products have a typical 100% mark-up at retail, that means the NFL is keeping 90% of the profit from the sale of Breast Cancer Awareness gear.
And then consider that only 70.8% of money the ACS receives goes towards research and cancer programs. So, for every $100 in sales of pink gear, only $3.54 is going towards research while the NFL is keeping approximately $45 (based on 100% mark-up).
Of course, awareness is a very important factor in the fight against breast cancer. But I am sure if you asked most people with cancer or those that have lost loved ones to the dreaded disease, they’d prefer a cure over more awareness.
In the meantime, the wallets of the NFL, which had $9.5 billion in revenue in 2011, just keep getting fatter.”
Here is the link to the article http://www.businessinsider.com/why-is-the-nfl-profitting-off-of-breast-cancer-2012-10
If it is true the NFL only donates 5% of each sale that is disgraceful. Why can’t these fat cat owners donate more than the measly 5%. What are your thoughts? I would really be curious what women think about this. Please share your thoughts.