Jump to content

  • Welcome!

    Register and log in easily with Twitter or Google accounts!

    Or simply create a new Huddle account. 

    Members receive fewer ads , access our dark theme, and the ability to join the discussion!

     

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

Happy Panther

By Happy Panther,
in Carolina Panthers

Recommended Posts

Happy Panther Grand Master

Happy Panther

Posted
Posted

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

Link to comment
Share on other sites
MHS831 Grand Master

MHS831

Posted
Posted

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.

Link to comment
Share on other sites
Happy Panther Grand Master

Happy Panther

Posted
  • Author
Posted

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

Link to comment
Share on other sites
blackcatgrowl Newbie

blackcatgrowl

Posted
Posted

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.

Link to comment
Share on other sites
jtm Rising Star

jtm

Posted
Posted

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.

Link to comment
Share on other sites
MHS831 Grand Master

MHS831

Posted
Posted

Give individual players a base salary based on the TV deals. the salaries increase based on revenues. Concessions, Jersey sales, ticket sales, parking, etc. They go up, salaries go up. Winning is directly linked to money.

I also think fines should go to player retirement account or emergency medical fund.

Link to comment
Share on other sites
TarPanther9180 Newbie

TarPanther9180

Posted
Posted

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.

Just because it is the most popular, doesn't mean they are making money. A lot of NFL fans can watch and support their team for free. They don't have to buy shirts, tickets, or any other NFL paraphernalia.

Link to comment
Share on other sites

Archived

This topic is now archived and is closed to further replies.

Go to topic listing

  • PMH4OWPW7JD2TDGWZKTOYL2T3E.jpg

  • Topics

  • Posts

    • fieryprophet
      Hey You, You Don't Know Quarterbacking

      By fieryprophet · Posted

      I'm going to be real, the reason that vote ended up so lop-sided by the end was directly due to my programming. So there's nothing tongue in cheek about it. Also I left PFF after the Collinsworth acquisition (didn't want to move to Cincy) but have stayed involved in analytics via backdoor channels, but I can absolutely say that the experience was eye-opening, not because those guys are unquestionable football savants and that I became one by proxy, but because the amount of information that becomes available outside of what the typical fan has access to is revelatory and also really drives home how much context is still being missed even with all of that information. You don't discover that you know everything, you discover how much you still can't know no matter how hard you try, hence my point about the NFL not being able to figure out what makes a QB good. There's a lot of AI work going into that now and even that only seems to further confuse things vs. actually enlighten the problem. In the professional realm teams don't really talk about quarterbacks as A strictly being better than B, but how A can potentially perform better than B given a specific context of C. Of course those contexts may be wider for A than B, but there's also contexts where B can outshine A, even with lesser talent surrounding them. So what good teams strive to do is ultimately define a process of how they want their entire team to operate under schematically, find players that fit that scheme, and hopefully find a guy whose skillset will be maximized running that scheme with those players. Where bad teams fall of the wagon is constantly shifting those schemes and chasing bad fits or fads vs. sticking with a core identity and developing it.
    • CRA
      Where do you fall on the Bryce Young spectrum?

      By CRA · Posted

      there is a 100 mile long list of NFL players and coaches going to bat and defending horrible play from teammates.   
    • ColumbusCounty
      Defense ranked 10th

      By ColumbusCounty · Posted

      In 6 games, we've only had 6 hurries??? ... that can't be accurate
×
×
  • Create New...