Tag:Joe Ellis
Posted on: March 13, 2011 2:03 pm
 

Broncos say they're willing to open their books

Posted by Andy Benoit

Well, it might be a moot point now (or at least for now), but the NFLPA knows it can access at least two teams’ books: the Green Bay Packers (a publicly owned team whose books were opened months ago) and the Denver Broncos.

The union likely knew it could view the Broncos’ books during negotations last week; team president Joe Ellis told Mike Klis of the Denver Post that the club offered to show its financial data, but the union didn’t want to take a look.

NFL Labor

"We offered to show the union league-wide and club profitability data," Ellis said. "Not only that it can be verified by a mutually agreed upon third-party auditor. This is the type of information we don't share with each other. In other words, we aren't allowed to see how other teams are doing specifically in terms of revenues and expenses. Everything is very formalized in terms of information we get from other clubs. Now the union didn't even want to look at it."

"If the league decides they want to open up the books of the Denver Broncos to present them to the union — I don't know if the league is into identifying individual clubs because they're private businesses," Ellis said. "But with a neutral (auditor) to verify the fact that certain teams haven't been operating as effectively as they did in the past, we're a willing and able participant.'”

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