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IYO: What Obligation Do NFL Owners Have to Full Financial Disclosure...
Posted on 3/11/11 at 11:53 am
Posted on 3/11/11 at 11:53 am
...to the NFLPA?
8
Posted on 3/11/11 at 11:54 am to classictiger
none
Posted on 3/11/11 at 11:54 am to classictiger
Because the owners want 8 billion in return. I don't think it's all that much to ask in return. The owners just don't want people to see the stupid salaries and other crap the owners spend money on.
Posted on 3/11/11 at 11:56 am to Kracka
None, but that doesn't mean the Union has no right to ask.
Posted on 3/11/11 at 11:57 am to Kracka
quote:
The owners just don't want people to see they're fudging numbers and are actually making a shitload of money, but they still want more
Posted on 3/11/11 at 12:01 pm to classictiger
they have no obligation. but they should be prepared to prove why they "need" more money.
Posted on 3/11/11 at 12:02 pm to classictiger
0
Posted on 3/11/11 at 12:03 pm to angryslugs
quote:
They should be prepared to prove why they "need" more money
They can't prove it w/o opening the books
Posted on 3/11/11 at 12:04 pm to classictiger
A great deal, since the CBA is essentially a revenue sharing agreement.
The NFL owners and the NFL players are in a partnership that agrees to share revenue. If one side claims that they aren't making enough money, then they should prove it.
The NFL owners and the NFL players are in a partnership that agrees to share revenue. If one side claims that they aren't making enough money, then they should prove it.
This post was edited on 3/11/11 at 12:05 pm
Posted on 3/11/11 at 12:05 pm to Kafka
thats my point. the NFL has no obligation to open the books. but don't ask for more money if your not willing to.
Posted on 3/11/11 at 12:05 pm to classictiger
just curious, why aren't the Packers books open record?
Posted on 3/11/11 at 12:08 pm to classictiger
Technically? No obligation.
But you can't say you're losing money and want to shift the balance by a billion dollars between the players and owners and provide no financial backup. That's just retarded.
But you can't say you're losing money and want to shift the balance by a billion dollars between the players and owners and provide no financial backup. That's just retarded.
Posted on 3/11/11 at 12:09 pm to TigerintheNO
quote:
just curious, why aren't the Packers books open record?
They are. They are the only team which is open and they are turning a profit.
Posted on 3/11/11 at 12:11 pm to SprintFun
Some nice person should please find the Packers' financial records online and post them here
thx
thx
Posted on 3/11/11 at 12:12 pm to TigerintheNO
quote:
just curious, why aren't the Packers books open record?
They are open record.
Posted on 3/11/11 at 12:13 pm to Kafka
quote:
Some nice person should please find the Packers' financial records online and post them here
I knew you were specifically talking about me.
Packer Open Up Their Books
Posted on 3/11/11 at 12:14 pm to Kafka
I've heard that the Packers made $5 million whatever the most recent year their records are available for.
Posted on 3/11/11 at 12:15 pm to SprintFun
quote:
and they are turning a profit
Yes, but profits are down, and that downturn coincides with the last CBA
quote:
The Packers earn much less than they did four years ago. Their operating profit fell 71 percent from $34.2 million in the year that ended March 31, 2007 (which coincides with the start of the current collective-bargaining agreement), to $9.8 million in the year that ended last March 31. Revenue rose 18 percent in that period to $257.9 million. The primary reason for the sharply reduced profit was player costs (salaries and benefits), which swelled in those years to $160.8 million from $110.7 million.
Posted on 3/11/11 at 12:17 pm to classictiger
It also coincides with the recession, and their investment income also fell...
And keep in mind that the Packers are a non-profit organization...
And keep in mind that the Packers are a non-profit organization...
This post was edited on 3/11/11 at 12:18 pm
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