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philw5289

Leaked NFL Documents: While Owner Cried Hardship, Carolina Panthers Had $112 Million Profit Over Two Years

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Lol I love the jealousy comments.

This doesn't change a thing....more interesting than anything

Still don't want public money going to renovations

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Pretty bold to ask for public funds, I have to say.

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Think about these numbers

Then think about how much the salary cap is

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When did the Panthers claim they weren't making money?

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Pretty bold to ask for public funds, I have to say.

No more or less bold than any other major corporation that asks CLT or the state for money (and it happens a lot).

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When did the Panthers plead poverty? They just asked for the money because they could get it and, allegedly, JR wants to tie the team to North Carolina permanently. Some of you people are:

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So how much did Jerry pay himself over those 2 years?

It's not clear. There were distributions to partners of like $12M plus another $7.5M. The other big mystery bucket is general and administrative expenses of around $59M which I am guessing includes staff salary including JR as well as any benefits he reaps. I'm not an accountant.

IF JR owns a $100,000 boat he isn't paying for it with his own cash.

Honestly the financial statements aren't that surprising or damning. We knew that if JR went low on salary he gets the difference.

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Think about these numbers

Then think about how much the salary cap is

Ok I did it. Now what??

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Seriously, people act like it's some big surprise that an NFL team is making a good profit? LOL

JR isn't asking the city/state for the money because he needs it, he's asking the city/state for the money because he wants them to put a little more skin in the game in return for a 15 year guarantee that the team won't move.

With what other teams are asking taxpayers for, this is a paltry amount. The state govt. should embarrassed that they can't come up with 66 million... lets see their books.

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