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March 18, 2014
New York Jets CFO’s Views on the Business of Sports
Featured in Latest Issue of CFO Studio Magazine
SOMERSET, NJ – CFOs interested in the viewpoint of a top financial executive inside the world of sports will find it in the cover story of the Q1 2014 issue of CFO Studio magazine, featuring a profile of Brian Friedman, the New York Jets’ chief financial officer.
Friedman’s challenges involve keeping fans engaged year-round. The article, “The Jets Playbook,” notes that “the revenue of a football franchise now depends on fully understanding the multiple ways people interact with your team: season-ticket holders, TV watchers, buyers in the secondary ticket market, users of Internet live chat and live streaming, and purchasers of memorabilia.”
Clearly focusing on these fans, the Jets organization is finding alternative revenue sources and engagement opportunities beyond filling the stadium. The CFO’s job is to “be cognizant of where you need to make investments across all areas, and be sure you are investing time, resources, and money into all the things that are having that fan impact right now,” Friedman says in the article.
After more than four years as the CFO of the Jets, overseeing all the financial aspects of the Jets organization and sharing responsibility for MetLife Stadium’s financial operations with the CFO of the New York Giants, Friedman is in an ideal position to comment on sports as a business.
CFO Studio Magazine, which is published quarterly by Real Estate Strategies Corporation, will release its Q1 issue, featuring business profiles and strategic advice for New Jersey- and New York-area CFOs, during the third week of March.
About the New York Jets
The New York Jets are a professional football team headquartered in Florham Park, NJ, representing the National Football League in the New York metropolitan area. It is a privately owned business with under 200 employees. Established more than 50 years ago, the Jets franchise has distinguished itself as a trailblazer, trendsetter, and leader in the region’s sports landscape and across the NFL.
About CFO Studio
CFO Studio and CFO Studio magazine deploy the best of new and traditional media to promote finance executives as business and strategy thought-leaders. Andrew Zezas is the host of CFO Studio On-Camera and the Publisher of CFO Studio magazine.
Visit www.CFOstudio.com to watch interviews with New Jersey area CFOs, with new releases every Thursday morning at 10:00 AM EST!
To read stories that have appeared in CFO Studio Magazine, or for subscriptions and advertising opportunities, visit www.CFOstudio.com.
Funding for CFO Studio and CFO Studio Magazine is provided by Real Estate Strategies Corporation and select advertisers.
Real Estate Strategies Corporation provides corporate real estate advisory and transaction services to CFOs, General Counsels, Management, and corporate Boards in New Jersey and around North America. Real Estate Strategies Corporation is the sole real estate sponsor of the ACGNJ CFO Forum, and other CFO focused organizations.