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Details of the new CBA...48% to players no $1B off the top

Happy Panther

By Happy Panther,
in Carolina Panthers

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Happy Panther Grand Master

Happy Panther

Posted
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Sorry if posted already

http://ht.ly/5n4Qp

Details of a proposed collective bargaining agreement being pitched to NFL owners Tuesday, according to sources:

• Players get 48 percent of "all revenue," without extra $1-billion-plus off top that previously had been requested by owners.

• Players' share will never dip below 46.5 percent, under new formula being negotiated.

• Teams required to spend minimum 90-93 percent of the salary cap.

• Rookie wage scale part of deal but still being "tweaked."

• Four years needed for unrestricted free-agent status. Certain tags will be retained, but still being discussed.

• 18-game regular season designated only as negotiable item and at no point is mandated in deal.

• New 16-game Thursday night TV package beginning in 2012.

• Owners still will get some expense credits that will allow funding for new stadiums.

• Retirees to benefit from improved health care, pension benefits as revenue projected to double to $18 million by 2016.

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X-Clown Veteran

X-Clown

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16 games on Thursday huh? Lemme guess... NFL Network? :mad:

Not exactly...

http://profootballtalk.nbcsports.com/2011/06/21/report-new-cba-would-include-16-game-thursday-night-tv-package/

Specifically, Mort reports that a 16-week Thursday night TV package will developed, starting in 2012. To maximize revenue, the package will be sold on the open market.

We’ve previously heard whispers that the eight-game NFLN package could have generated more than $500 million. A 16-game Thursday night package could be worth $1 billion.

If the network that gets the Thursday night package already has a TV deal in place with the NFL, don’t be surprised if the acquisition of the new asset includes an extension of the current arrangement.

The development is bad news for NFL Network, which will become far less attractive to cable operators without regular-season NFL football. That said, the NFL could reserve some late-season Saturday night games for NFLN.

Still, if the goal is to grow the pie, the players should want any and all nationally-televised games to be sold to networks that are willing to pay more for the rights than they ever will realize in advertising revenue and/or subscriber fees.

UPDATE: We’re already hearing scuttlebutt that perhaps NFLN would keep the late-season portion of the Thursday package, with only the first eight Thursdays being sold. Though more money can be realized via the sale of all games, the players need to realize that they have an interest in NFL Network becoming more and more viable and relevant. It’s a great vehicle for marketing the game and the individual players who routinely appear on Total Access. Actually, the best way to split the package would be on a bi-weekly basis, with NFLN getting a game every other Thursday. This would cause viewers who have easy access to the outside network to clamor for the in-house network, in order to fully enjoy their new Thursday night habit.

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pantherfan49 Newbie

pantherfan49

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48% without the 1 billion off the top is essentially the same deal for the players in 2011 as was in previous years. However, as revenues continue to escalate, the players will be getting much less than they would have under the old CBA.

This deal might just save the NFL.

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pantherfan49 Newbie

pantherfan49

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can't wait to see what the final "tweaked" rookie wage scale looks like.

For the Panthers' sake, I hope it includes like a 15 million dollar cap on guaranteed money.

That way when they draft Andrew Luck next year, they won't have tons of money tied up in young QBs.

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