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Fantasy Football: The Latest Threat to US Economy


Lost productivity could cost companies billions.

New economic threats seem to spring up every day. But for sports enthusiasts, the latest couldn't be worse.

Analysts estimate that the distracting effects of fantasy football costs companies around $1.5 billion in lost productivity.

After all, who has time to run sales numbers when you've got stats to keep up on!

But not everyone believes that fantasy football is an economic drain. The Fantasy Sports Trade Association argues that fantasy sports actually generate up to $1 billion in revenue from money spent at bars, restaurants, and on magazines.

Companies like Hooters and Buffalo Wild Wings (BWLD) -- both of which sponsor fantasy football events -- stand to profit big during the season, which is great for the restaurants. But just how much damage can fantasy football do to your everyday office?

Click the video below to find out.

No positions in stocks mentioned.
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