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IS the NFL losing money...Jerry Richardson's 200M shortfall pie chart

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I need to go back and watch that part again. But nobody seems to buy the idea that the NFL is losing money

I know that Forbes may not have full audit reports but they capture the major stuff.

According to this the League had net pre-tax income in the hundreds of millions.

http://www.forbes.com/lists/2010/30/football-valuations-10_NFL-Team-Valuations_Rank.html

Here is some more math from the link below. The current TV deal works out to around $149M per team per year. The maximum salary per team (before this year) was $128M. Just on tv rights alone the teams have $21M each to cover operating expenses and we haven't even counted all the other revenue streams.

http://www.associatedcontent.com/article/6016664/nfl_2010_are_the_owners_losing_money_pg2.html?cat=14

So i am wondering if Jerry is being honest with his pie chart? something doesn't add up

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He added that the owners have done all they can do to convince the players that they are operating at a loss before their request to get more and work less, but that is not true.

Why have they not opened the books? Well, I understand that the employer has risk and hidden costs that would be lost in the numbers, but if they gave the books to a mediator and allowed that firm to look into the books then negotiations could start from that point--the truth. Tell the owners why their info is misleading and tell the union why their beleifs and demands are skewed. Then negotiate.

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Posted · Report post

If they show any profit. They are doing it wrong.

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Posted · Report post

If they show any profit. They are doing it wrong.

Admittedly they don't show anything so the Forbes link and the simple math involve some broad assumptions.

At the same time, if simple math shows that the owners are doing well a pie chart isn't convincing me, or more importantly the players, anything contrary

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I wonder what he has to pay out to his share holders. (and himself)

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I need to go back and watch that part again. But nobody seems to buy the idea that the NFL is losing money

I know that Forbes may not have full audit reports but they capture the major stuff.

According to this the League had net pre-tax income in the hundreds of millions.

http://www.forbes.com/lists/2010/30/football-valuations-10_NFL-Team-Valuations_Rank.html

Here is some more math from the link below. The current TV deal works out to around $149M per team per year. The maximum salary per team (before this year) was $128M. Just on tv rights alone the teams have $21M each to cover operating expenses and we haven't even counted all the other revenue streams.

http://www.associatedcontent.com/article/6016664/nfl_2010_are_the_owners_losing_money_pg2.html?cat=14

So i am wondering if Jerry is being honest with his pie chart? something doesn't add up

Jerry's pie chart was obfuscated as hell. It didn't show or prove anything except that there is a pool of money, and that the owners want to shift it more in their favor to cover a "loss".

Honestly, I'm not buying it now. If the owners are trying to negotiate a lower cap because the economy is tanking, I'm not on board with that. Yes, the economy is bad off. But that's when you lower prices for admission to keep attendance up, and expand your advertising deals. Not lower player pay. Because if they negotiate a lower cap, and all the sudden the economy turns around, the players are simply playing for less money.

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If you think the NFL is losing money you are kidding yourselves. It is the most popular sport in the US and probably top two in the world. The big debate is over how the owners calculate the ROI. There is a billion dollars that the owners do not put into the equation. Not sure why, but they don't.

The big issue is the players want to see the books so they can see how much $ the owners are making. As I have said before, the tail doesn't wag the dog. I wouldn't show any of my employees how much my company made. If they don't like go play in Europe.

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There biggest issue and the one that I think would be smarter to focus on is the fact that the NFL has the highest payroll to players v. other sports.

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The NFL is not losing $$. You can make statistics look however you want to support your position.

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The players just want beer money. Is that so bad?

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Now if they negotiate a rookie cap. Does the money saved go to veterans or does it go into the pockets of the owners?

Also I'm all for them fighting for retirement benefits. i do think they are compensated fairly though.

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You heard JR. Hes gotta eat. Thats all he wants, enough money to eat with.

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