NFL Lockout
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The owners in major league baseball are an interesting collection. The Pirates show a profit before they sell one ticket due to the revenue they share with the other teams. This allows them to do little to be competitive.
My understanding of this NFL situation is that the smaller market teams do not make as much money as the larger market teams. What? A team of lesser net asset value does not produce as much profit as a team with a larger market and a higher net asset value? Who would ever think this?
The revenues of the NFL have been growing exponentially and the players' salaries have been growing with it. Under the most current agreement, 1 billion dollars was exempted from the revenue sharing with the players. The remainder was shared about 60/40 with the players getting the 60.
The owners now want 2 billion exempted from this revenue formula.
It makes little difference to me how they split it. If one wants to point to the source of the problem, it lies in the importance and value the society places on its athletes/entertainers. They add little to the daily lives of any individuals but are revered as if they cured disease.
Side with the owners, they really look out for your interests. No, side with the players, they are the ones looking out for your interests.
Or look at it logically.
My understanding of this NFL situation is that the smaller market teams do not make as much money as the larger market teams. What? A team of lesser net asset value does not produce as much profit as a team with a larger market and a higher net asset value? Who would ever think this?
The revenues of the NFL have been growing exponentially and the players' salaries have been growing with it. Under the most current agreement, 1 billion dollars was exempted from the revenue sharing with the players. The remainder was shared about 60/40 with the players getting the 60.
The owners now want 2 billion exempted from this revenue formula.
It makes little difference to me how they split it. If one wants to point to the source of the problem, it lies in the importance and value the society places on its athletes/entertainers. They add little to the daily lives of any individuals but are revered as if they cured disease.
Side with the owners, they really look out for your interests. No, side with the players, they are the ones looking out for your interests.
Or look at it logically.
It is true about the 60/40 split and the owners wanting another 1 billion off the top. The players union agreed to a rookie wage scale which is a good thing. The players union has agreed to a 50/50 split which is without another billion taken off the top unless the owners open thier books and show that the owners are losing money. The owners want the players to take 42/58 percent split and get a total of 2 billion dollars off the top before the revenue sharing. The union is doing thier job of not wanting to get up benefits that they won during the last CBA. The owners will not open thier books and I can not blame them because they are banking under the current CBA it is a no win for them. I say this I figured out under the current terms of the CBA all the teams operating cost is covered under revenue sharing. This does not cover ticket sales, team sponsers, consessions. Also most of the time the teams are support by thier city/state government to help with upkeep and rebuilding. IMHO if you are a owner of a NFL francise and you can not make money you do not need to be a businessman and should be homeless on the street.
I think we all need to realize that the average tenure for an NFL Player is about 3 years, lets look at at this way, a guy comes out of College and gets drafted in the 1st round, he gets big bucks, he blows it on a house and an expensive car thinking he will play football for over 10 years.
Let us not forget about taxes, which almost eat up about 50%.
He turns out to be a bust, or maybe he gets injured or blows out his knee. His career is done. Lets not forget about his agent that gets some money.
When I read that Jerry Jones, who is the owner of the Dallas Cowboys walked away with almost 145 MILLION Dollars last year, then I have a hard time siding with the owners.
I can still remember reading about Johnny Unitas, the legendary Baltimore Colts quarterback, who was trying to get some money before he passed away, I believe that he had some outstanding medical bills.
Before anyone says anything bad about Unitas, remember, when the Baltimore Colts left Baltimore back in 1984, and some of us can remember when the Ravens came too Baltimore back in 1996 or 1997, Johnny Unitas as far as I can tell, never stepped foot in Indianapolis, he always showed up at RAVENS games, he really cared about the fans, the ones that payed the bills.
I know that this is a hot issue, I know that I am rambling, but this time, we need to stay in the players corner.
Let us not forget about taxes, which almost eat up about 50%.
He turns out to be a bust, or maybe he gets injured or blows out his knee. His career is done. Lets not forget about his agent that gets some money.
When I read that Jerry Jones, who is the owner of the Dallas Cowboys walked away with almost 145 MILLION Dollars last year, then I have a hard time siding with the owners.
I can still remember reading about Johnny Unitas, the legendary Baltimore Colts quarterback, who was trying to get some money before he passed away, I believe that he had some outstanding medical bills.
Before anyone says anything bad about Unitas, remember, when the Baltimore Colts left Baltimore back in 1984, and some of us can remember when the Ravens came too Baltimore back in 1996 or 1997, Johnny Unitas as far as I can tell, never stepped foot in Indianapolis, he always showed up at RAVENS games, he really cared about the fans, the ones that payed the bills.
I know that this is a hot issue, I know that I am rambling, but this time, we need to stay in the players corner.
I remember Johnny Unitas. He died actually pretty young. He played back in the days when quarterbacks were not as protected as today and were often hit, and hit hard, immediately after throwing the football. He was coming to the end of his career when I started to watch football, but I remember him. A great football player. A great quarterback.
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