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The NFL operates as a massive 32-team trade association divided into two conferences: the American Football Conference (AFC)
and the National Football Conference (NFC). The league year is structured around a rigorous 18-week regular season where teams
compete to earn a spot in the playoffs. To maintain competitive balance—ensuring big-city teams don’t simply outspend everyone
else—the NFL utilizes a hard salary cap and an annual player draft, which allows the teams with the worst records to have the first
pick of new talent coming out of college.
The postseason is a high-stakes, single-elimination tournament featuring 14 teams (seven from each conference). This culminates in
the Super Bowl, a neutral-site championship game where the AFC and NFC champions face off for the Vince Lombardi Trophy. Off the field,
the league functions as a profit-sharing powerhouse; billions of dollars in national media rights and sponsorship deals are split
equally among all 32 franchises, making it the most financially successful and widely watched professional sports league in North
America.