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Decertification

riddel

By riddel,
in Carolina Panthers

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Marguide Newbie

Marguide

Posted
Posted

It's pretty simple. If the data doesn't reflect a loss, then it doesn't reflect a loss. The players union has a case or they wouldn't have decertified.

By the way, the only public books to date, Green Bay's, shows a $20 million profit per year. This is a publicly owned franchise, so imagine what a private owned franchise's profits are.....the NFL is going to lose in court.

And do you honestly think $20 million a year is too much? Let's put the cards on the table. Individual players can make more than $20 million a year, but the organization cannot?

The players aren't investing in capital expenditures like new stadiums, they are not sharing the losses if a club has an unprofitable year, etc.

The average revenue per team is about $282 million. A $20 million profit is about 7%. Do you find that excessive?

What level would profit have to drop to for you to feel that its appropriate to ask for concessions? Zero?

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Ja Rhule Grand Master

Ja Rhule

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And do you honestly think $20 million a year is too much? Let's put the cards on the table. Individual players can make more than $20 million a year, but the organization cannot?

The players aren't investing in capital expenditures like new stadiums, they are not sharing the losses if a club has an unprofitable year, etc.

The average revenue per team is about $282 million. A $20 million profit is about 7%. Do you find that excessive?

What level would profit have to drop to for you to feel that its appropriate to ask for concessions? Zero?

Green Bay is a smallest market team. Means Panthers EBIDA is about $35-50 millions. Dallas is about $80-100. That's a very good profit a year.

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Evil Hurney Mentor

Evil Hurney

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Green Bay is a smallest market team. Means Panthers EBIDA is about $35-50 millions. Dallas is about $80-100. That's a very good profit a year.

Dallas likely has very high expenses thanks to their new stadium. I wouldn't be surprised to see them losing money or only making a very small profit.

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Marguide Newbie

Marguide

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Green Bay is a smallest market team. Means Panthers EBIDA is about $35-50 millions. Dallas is about $80-100. That's a very good profit a year.

And these numbers are coming from where? What is Dallas' revenue?

If I am an owner, and profits start to fall below what I could earn elsewhere, (maybe like the English Premier League, to stay with sports), I will either sell or milk it as long as possible without risking any more of my money on new stadiums, or ventures like NFL Europe, or the NFL channel.

Is that what we want the league to become?

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Marguide Newbie

Marguide

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You might want to check out this link if you are interested in how the financials are looking in Green Bay.

http://sports.espn.go.com/nfl/news/story?id=5379673

I will give you a preview...revenue increased by $10 million this year but profits were down to $9.8 million. Why? Player costs were up $22 million just this year.

Four years ago, their profits were over $34 million. Does this look like a business with the financials headed in the right direction?

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Floppin Grand Master

Floppin

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But player costs increased sharply to $161 million, up from $139 million the previous year.

The team said player costs have been increasing 11.8 percent annually over the past four seasons, while revenue increased only 5.5 percent annually during the same timeframe.

From that article. I'm assuming this is the quote of which you speak. Unless you have trouble understanding how 11.8% is greater than 5.5% than there really shouldn't be any argument about it.

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Nicbsbll2 Newbie

Nicbsbll2

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You do realize that article says their net income rose from the previous year right?

Net income= the total amount of money brought in to an organization throughout a fiscal year.

Profit= Net Income minus Expenses

It's entirely possible to have an increase in net income, yet show a loss (or a decrease in profit from the previous year) because your expenses rose faster than your net income.

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