Blog Entry

Owners can't agree on opening books

Posted on: March 10, 2011 11:40 am
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There is just one day left before a possible NFL Armageddon and a crucial event has happened within the past 24 hours.

There are some NFL owners who want to completely open the league's financial books to the union, CBSSports.com has learned.

The problem is other NFL owners are refusing.

So the stalling in the talks has happened because one set of owners desires to open their books and others do not, a source explains. Thus ownership is stuck trying to find a way to mend these differences.

If ownership can, and the books are opened, a deal could likely be reached quite quickly.

That's where we are now. Ownership is arguing amongst itself.

Incredible, isn't it?

It's virtually impossible for ownership to reach a consensus on this issue by the Friday evening deadline so unless another extension is agreed upon, the lockout/decertification will happen then.

This is getting interesting. Right down to the wire.

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Category: NFL
Tags: Labor
 
Comments

Since: Sep 20, 2006
Posted on: March 10, 2011 7:50 pm
 

Owners can't agree on opening books

Its just like politicians....some aren't crooked, most of them are.



Since: Oct 20, 2006
Posted on: March 10, 2011 7:43 pm
 

Owners can't agree on opening books

Right! Open the books so that the players, owners, unions, and lawyers won't miss a single drop of blood to squeeze out of the fans.



Since: Jan 9, 2007
Posted on: March 10, 2011 7:25 pm
 

Owners can't agree on opening books

For all of you arguing that private businesses doesn't have to open the books you are missing one big fat point. The NFL owners have agreed to share the revenue on a percentage basis. They have also requested a change to that based on loosing money. The union is requesting proof that such is the case. The same argument was held with the NHL and the Auto Workers union.

If the league is sincere but doesn't want to share their books then the solution is simple. Third party financial auditor that is allowed to confirm certain financial numbers to the player unions. The league doesn't want that because one way they are making tons of money is from the increase in the value of the team.

Lets look at the Redskins. Snyder bought them for $800 million including the stadium in 1999. They are today worth over $1.3 billion with an annual increase of 9%............



Since: Sep 13, 2007
Posted on: March 10, 2011 7:15 pm
 

Owners can't agree on opening books

VegasDave - Not sure if you were being satirical but will give response to a couple of your points.

As I have said before and will say again. The owners have the financial stake and the business savvy to make it profitable. As Americans they have the right to free enterprise and to pursue happiness and make a profit.

The NFL and the NFL franchises are not free enterprises. They enjoy special anti-trust protections that most industries cannot have because it would be considered monopolistic. The NFL owners also receive over $7 Billion in public funding for stadiums - that my friens is not free enterprise.


Break the unions and Americans can prosper again. It will force people to actually work and compete for a job and pay. This is true in all unions not just football.

I dont think you are serious here. The NFL and sports in general arebased on competition to gain a roster spot - poart of the reason that the average career for an NFL player is little more than three years.




Since: Sep 13, 2007
Posted on: March 10, 2011 6:58 pm
 

Owners can't agree on opening books

Here are comments from Demaurice Smith whjo was just interviewed by John Riggins:

Demaurice Smith says talks to continue at 1000 tomorrow. If heading to lockout will take steps to prevent that inc;uding decertification. Smith says they will be prepared to talk up to the deadline which is 5pm friday. If NFLPA does not decertify before deadline, they lose any legal remedies for six months and would be locked out. Demaurice says they have been meeting for two years and mentioned the original letter requesting NFL to release financial data. The NFLPA made a number of proposals and remains hopeful that an agreement will come into play even though the threat of a lockout continues. Riggo asked about 18 game season and that Goodell brought that up beginning of 2010 season and weas this just a gambit. Smith says NFLPA gave strong stements on the physical and mental toll on athletes and that increasing the number of games impacts player safety.Demaurice told Riggo says if both parties could exchange right information that an agreement could be reached quickly (believe opening books is a hard point with NFLPA). NFL properties is already included in the gross revenue figures.

He did not go into detail since they still have agreement with the mediator to not directly address the negotiations.



Since: Oct 3, 2006
Posted on: March 10, 2011 6:56 pm
 

Owners can't agree on opening books

Unions and Collective Bargaining is the problem. The only way to break the problem is to face it head on. Don't show the books!

The league has the responsibility as the franchiser to manage the sharing of information so they can get the cut they deserve as the main entity in this business. How much management is paid, how much revenue is made by a business regardless of other factors not related to the players like parking fees, hot dog concessions, scoreboard advertising etc. is none of the players business.

If that was ok then the league should get a peice of every endorsement a player makes, every time a player gets paid for an appearance or for signing cards etc. 

Would a player give that up? 

For a business owner to give that power of his business away is ridiculous. If they show the books the players will be complaining because of the profit made on hotdogs and other BS like that. Don't show the books.

As I have said before and will say again. The owners have the financial stake and the business savvy to make it profitable. As Americans they have the right to free enterprise and to pursue happiness and make a profit.

The players are just employees, the union is just a bunch of free loading wacks making money off of the backs of others with absolutely no investment or stake in the game.

Break the unions and Americans can prosper again. It will force people to actually work and compete for a job and pay. This is true in all unions not just football.

Every contract in football should be full of perfomance incentives and bonuses not guarantees.

The Redskins get killed all the time because of these guarantees from great players who take a nap in Washington like Obama, Reed, Pelosi and all of the other liberal wacks. Unions have been a cancer in this country for years.

They served theit purpose to ensure workers got a fair wage because a few idiots went to far once. But they evolved to a cancer which is bringing businesses, sports and govergnments down which in turn effects us all.



Since: Apr 28, 2007
Posted on: March 10, 2011 6:49 pm
 

Owners can't agree on opening books

What's the big deal.  The owners are the ones making the claim that they need a bigger cut of the revenue to cover expenses.  IF it's true, then just open up the books.  I'm guessing that the owners that don't want to open their books are probably the bigger market teams that make a lot of money.  The struggling owners would have nothing to hide so of course they'd be open to it.  The only reason for not wanting to open the books is because they're not being entirely truthful about what they're prospective teams are making.




Since: Sep 13, 2007
Posted on: March 10, 2011 6:35 pm
 

Owners can't agree on opening books

Because they shouldn't have to "open the books", that's ludacris. 

Should you or I have the right on a job interview to say, "Gee, that salary seems reasnable and really great, but I'm gonna need you to go ahead and show me how much this business made last year, so I know if I'm getting a fair cut or not."

I am so sick of the entitlements Americans feel they deserve anymore.  This is exactly why this country is falling fast.
Beaver - your example is not relevant because it indicates an individual applying for a job. The NFL/NFLPA situation is different because it is collective bargaining. It is not unprecedented for companies to open their books during these type of negotiations. The books are relevant since the players salaries are based on a percentage of revenue - not many employees have such a pay arrangement.

There are certain owners that disagree with your point of view since at least a coiuple have indicated a willingmness to oipen the books.




Since: Nov 20, 2006
Posted on: March 10, 2011 6:26 pm
 

Owners can't agree on opening books

Because they shouldn't have to "open the books", that's ludacris. 

Should you or I have the right on a job interview to say, "Gee, that salary seems reasnable and really great, but I'm gonna need you to go ahead and show me how much this business made last year, so I know if I'm getting a fair cut or not."

I am so sick of the entitlements Americans feel they deserve anymore.  This is exactly why this country is falling fast.




 







Since: Sep 13, 2007
Posted on: March 10, 2011 6:16 pm
 

Owners can't agree on opening books

John Riggins Show just announced that all NFL owners (except Robert Kraft who is out of country) are on a telecon. Probaboly the big issue will be to open or not to open the books. othewise, looks like either another extension needed or we go to lockout.




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