Help me out here... (we can keep this brief...)

Question?

Does the Owners portion (the 50% or whatever it really is) include costs to run the football club? Or is it 50% after all their costs?

The percentage split comes after a withholding by the owners for operating costs. In the last CBA it was $1 Billion. In other words, the owners keep the first billion in revenue and then the rest is subject to the percentage split.

The owners are asking for a bigger retention.