Fantasy Football Will Cost Your Boss $16 Billion
56.8 million people are expected to spend at least one hour a week updating their fantasy football rosters, making trades and checking injury reports at work. As a result, it could cost their employers as much as $16 billion in lost wages.
CEO John A. Challenger acknowledged that the true measure of fantasy football’s impact on the bottom line is hard to predict.
“However, one cannot dismiss the idea that fantasy football is not wildly popular or deny that it has crept its way into the workplace,” Challenger said in a statement.
Challenger, who said he belongs to multiple fantasy football leagues, believes employers should avoid clamping down on fantasy football because participation can support morale in the workplace and boost productivity in the long run.
“Unless you are J.J. Watt, who appears to put in 100 percent during every hour of his workday, it is impossible to reach full productivity,” Challenger added.