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: Nov 21, 2006
Posted on: April 11, 2011 11:50 am
 

Lockout payments start this week

How is it different that the players have a "lockout fund", yet the owners were accused of being thieves by keeping TV money on the side as a precaution?



Since: Sep 10, 2006
Posted on: April 11, 2011 11:44 am
 

Lockout payments start this week

What Union? I thought the Union dissolved in order for the players to sue the NFL. To me this looks like THERE IS a Union, which means the vote to get rid of it was just a smoke screen to try and sneak around the law. There either IS or IS NOT a Union, you can not have it both ways.
The money that the players paid into the fund hasn't disappeared.  This is something that union dues goes to provide for.  This one reason is the only thing that would entice me into joining a union that I wasn't forced to join.



Since: Jul 22, 2010
Posted on: April 11, 2011 11:43 am
 

Lockout payments start this week

I have yet to hear a player complain about the emergency fund payment.  I don't get your comment.  The owners locked out the players, not vice-versa.



Since: Feb 5, 2007
Posted on: April 11, 2011 10:57 am
 

Lockout payments start this week

"How are they supposed to pay their bills if the owners have locked them out and are not paying any money?" Like the rest of the population; reduce expenses or dip into the millions they should have invested. How is it the fault of the owners that players haven't prepared for a "rainy day" or don't have the fortitude to lower their standard of living to survive on a measly $10,000 a month. Most Americans would love to have the problem of "trying to get by" on that monthly income.



Since: Mar 13, 2008
Posted on: April 11, 2011 10:11 am
 

Need more than 10K a month???

Wish I had that problem....  That coke ain't gonna snort itself!



Since: Dec 17, 2007
Posted on: April 11, 2011 9:43 am
 

Lockout payments start this week

McDonalds is having a nationwide hiring program....should cover every NFL city.....if not .....Burger King will probably start something.



Since: Sep 30, 2008
Posted on: April 11, 2011 9:43 am
 

Lockout payments start this week

Really?  The majority of them make millions?  It's their fault if they can't get by on $10k a month...



Since: Mar 15, 2011
Posted on: April 11, 2011 9:31 am
 

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?



Since: Mar 26, 2007
Posted on: April 11, 2011 9:16 am
 

Lockout payments start this week

Doesn't Most unions require that their Union Members walk the picket line before they would receive any money from the Strike Fund?



Since: Oct 23, 2007
Posted on: April 11, 2011 8:05 am
 

Lockout payments start this week

What Union? I thought the Union dissolved in order for the players to sue the NFL. To me this looks like THERE IS a Union, which means the vote to get rid of it was just a smoke screen to try and sneak around the law. There either IS or IS NOT a Union, you can not have it both ways.


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