Blog Entry

Lockout payments start this week

Posted on: April 10, 2011 8:23 pm
Edited on: April 10, 2011 9:45 pm
 

The former union has sent out notices to eligible players informing them their lockout payments start this coming week, several agents told CBSSports.com.

Beginning this Friday, eligible players will received $10,000 a month from the emergency fund and those payments will continue every 15th day of the month through September for a total of $60,000, a memo to players states.

Here's the catch: the players must fill out the paperwork or they don't get the money.

The fact the former union is distributing the lockout fund now as opposed to later, say, in the fall, says a great deal. The union is gambling the lockout and labor strife will end sooner rather than later.

It's probably a smart gamble. It appeases players now and keeps them comfortable as mediation and the court proceedings continue.

There is growing belief on both sides that judge Susan Nelson can get both sides to settle their differences through mediation.



Category: NFL
Tags: Labor
 
Comments

Since: Feb 4, 2010
Posted on: April 11, 2011 3:39 pm
 

Lockout payments start this week

Its been a while since i posted anything so i forgot how to do this, if any information is incorrect i apologize.

Here is a list of the NFL teams, their respective owners, and the jobs they had or how they became owners of the team.

Just some food for thought, since they are money hungry and how some people are wanting to boycott their companies



Arizona Cardinals     Bill Bidwell - his father owned Chicago Cardinals

Atlanta Falcons    &nbs
p;   Arthur Blank - Home Depot co-founder

Baltimore Ravens    Steve Biscotti - Allegis Group (Aerotek)

Buffalo Bills     
      
; Ralph Wilson - owner of Bills since inception of team, owns horses that are in thoroughbred races

Carolina Panthers    Jerry Richardson - former owner of Hardee's restaurant chain and former CEO of Flagstar Restuarant Corp.

Chicago Bears     
    Virginia Halas McCaskey - daughter of George Halas

Cincinnati Bengals   Mike Brown - Son of Paul Brown Bengals  orginal owner

Cleveland Browns    Randy
Lerner -  former lawyer

Dallas Cowboys    &nbs
p;  Jerry Jones-  Arkansas oil tycoon (Jones oil and Land lease)

Denver Bronco     
;   Pat Bowlen - Lawyer and oil exec for Regent Drilling

Detroit Lions     
     Willi
am Clay Ford Sr. - grandson of Henry Ford (Ford motor vehicles)

Green Bay Packers    &nbs
p;     &nb
sp;   Publicly Owned

Houston Texans     Bob McNair - Cogene Biotech Ventures, The McNair Group, and  owns power plants in WV & NY

Indianapolis Colts   Jim Irsay - son of Baltimore Colts owner Robert Irsay

Jacksonville Jaguars Wayne Weaver - owner of Shoe Carnival and Nine West

Kansas City Chiefs   Clark Hunt - son of Lamar Hunt and  grandson of oil tycoon H.L. Hunt

Miami Dolphins    &nb
sp;   Stephen Ross-  The Related Companies LP (Minority owners include Marc Anthony, Gloria Estefan, and a few others) 

Minnesota Vikings     Zygi Wilf - Attorney, Garden Commercial Properties

New England Patriots Robert Kraft- businessman, Viacom and Boston Bank

New Orleans Saints   Tom Benson- automobile salesmen in New orleans and San Antonio 

New York Giants     John Mara- attorney.  Steve Tisch filmmaker

New York Jets     &
nbsp;  Robert Wood Johnson IV - great grandson of founder Johnson & Johnson

Oakland Raiders    Al Davis - Raiders monarch

Philadelphia Eagles  Jeff Lurie - former producer with Chestnut Hills Productions

Pittsburgh Steelers   Dan Rooney- son of Art Rooney

San Diego Chargers  Alex Spanos - real estate family owned construction( A.G. Spanos Company)

San Francisco 49ers  Denise DeBartolo York and John York - The DeBartolo Corporation

Seattle Seahawks    Paul Allen- Co-founder of Microsoft

St Louis Rams     &
nbsp;  Stan Kroenke- co owner THF Realty, wife inherhited  Wal-Mart

Tampa Bay Buccs   Malcolm Glazer - First Allied Corporation

Tennessee Titans   Bud Adams Lincoln Mercury cars Adams Resources& Energy Inc.

Washington Redskins  Daniel Synder - Dick Clark Productions, Red Zebra Brodcasting




Since: May 10, 2007
Posted on: April 11, 2011 2:19 pm
 

Lockout payments start this week

Someone should investigate the economic impact of the NFL labor dispute on strip clubs, asian spa's and the blackmail industry.



Since: Aug 29, 2006
Posted on: April 11, 2011 1:58 pm
 

Lockout payments start this week

(o) (O)   ( )______     
 My lack of emotion for this sport anymore. It costs too much, I have decided to save my one dollar bills and go to the strip club with some purple drank. It is a popular place to go for NFL players even during the strike. Am I missing out not going there?  



Since: Sep 28, 2006
Posted on: April 11, 2011 1:35 pm
 

Lockout payments start this week

Here is a little more valuable info. Please note that the AVERAGE salary exceeds $2 million a year.  I feel so sorry for these ego maniac players.


NFL minimum salaries -- paid over 17 game checks (and not including any bonuses or incentives) -- range from roughly $340,000 per season to just less than $900,000 per season. Many players earn substantially more than $1 million per season in annual compensation. The average NFL salary exceeds $2 million per season; a player making $2 million per season would receive nearly $118,000 before taxes, per game check.

Hundreds of players would have been eligible for free agency in March, and many had significant roster bonuses and/or offseason workout bonuses due to them. Those bonuses can range from approximately $25,000 to several million dollars.




Since: Jan 3, 2007
Posted on: April 11, 2011 1:22 pm
 

Lockout payments start this week

This is exactly why workers form unions.  They collect dues (and the higher the income, the higher the dues) from the members and then provide benefits such as these when there is a work stoppage.  Just like UAW, SEIU and others that strive to provide the membership with benefits to enhance their standard of living.  All these posts miss the point that the owners DON'T pay for the stadiums, municipalities do with the promise (wink wink) of the owners that it will bring economic activity and tax revenues.  Your city helps create the need for the high ticket prices and concession gouging because they are trying, desparatly to recoup the money they spent to build the stadium.  Generally, they do not make ends meet and then we, the tax base, who may or may not even go to the games foot the bill for the difference.  The owners don't "need " to have an NFL team, they do it because they get huge tax breaks, a virtually free facility and build equity at a staggering rate based on the media payments and souvenir sales.  Just wait until there are no NFL games and see who pays for the cost of the stadium that sits empty and the 100's of jobs that are lost in services and facilities.  A few players may be greedy and spend money foolishly, but the ownership is the group that is totally reaming the public.



Since: Sep 28, 2006
Posted on: April 11, 2011 1:05 pm
 

Lockout payments start this week

Just to clarify I am not siding with the players.  I think both sides have issues and I think it costs to much to go to NFL games. I wish they would work out a deal that would include lowering ticket prices, concessions, parking and memorabilia.




Since: Dec 12, 2006
Posted on: April 11, 2011 1:02 pm
 

Lockout payments start this week

32Zone, I hope you're kidding. These players could have done many things to avoid financial harship at this point. 1) Live with expenses under 10k a month. 2) Actually save some money while making millions or at least hundreds of thousands of dollars a year. 3) Be reasonable and plan for the future, even without putting a ton away, why live to the extreme of being pay check to pay check when making more than $10,000 per paycheck.

The players are acting like brats in this situation. If the owners don't want to have the NFL anymore they don't have to. The players aren't paying for the stadium, coaches, ads, or anything else. They are throwing a tantrum for more money and it is ridiculous.



Since: Sep 28, 2006
Posted on: April 11, 2011 1:00 pm
 

Lockout payments start this week

Will the agents also get their percentage cuts from these payments?  They are probably starving too.
This money is money the players already paid in as Union dues from paychecks they already received from the Owners.  Not sure when exactly the agents get paid but I am pretty sure the agents already got a slice of this money.


I do not think every player is eligible for the full $10,000 a month for 6 months based on the following info. It sounds like if a player was not on the 53 man roster for all 34 weeks during 2009 and 2010 that player's payments will be lower.

According to an NFLPA source, the maximum payments to an individual player would total $60,000, to be paid out this offseason during the lockout. The fund was created via player dues and right's fees during 2009 and 2010. If a player was on a 53-man roster for all 34 weeks of the regular season during those two years, then he would be eligible for that maximum, $60,000 payment, which would be distributed in six projected increments.




Since: Aug 20, 2007
Posted on: April 11, 2011 12:31 pm
 

Lockout payments start this week

More Money Needed

Most players have financial obligations a lot higher than $10,000 per month.  How are they supposed to pay their bills if the owners have locked them out and are not paying any money?



Pardon me.. What the f---??  If they can't get by on their savings and $10k a month besides, they're f'ing retards. 

They can always go play in the CFL for $60,000 a year if they don't like the NFL.



Since: Apr 11, 2011
Posted on: April 11, 2011 12:22 pm
 

Lockout payments start this week

Hey little new to this but was under the impression that this is not a strike therefore there are no picket lines to walk.


The views expressed in this blog are solely those of the author and do not reflect the views of CBS Sports or CBSSports.com