Players irate as NFL wants 35% of salaries in escrow (1 Viewer)

New Orleans Saints receiver Michael Thomas says players will not play the 2020
season before accepting an NFL proposal to put 35% of their salaries in escrow to
hedge against coronavirus-related financial shortfalls (AFP Photo/Jacob Kupferman)

By AFP | Yahoo Sports

New York (AFP) - An NFL proposal for 35% of players' 2020 season salaries to be put in escrow to cover possible revenue shortfalls from coronavirus issues was greeted with scorn by players Wednesday.

Economic issues similar to those that sparked a bitter three-month battle between Major League Baseball players and team owners loom over the NFL with training camps set to open July 28.

The NFL Network reported the escrow idea was suggested by the NFL in case billions of dollars in revenue are lost this year because spectators cannot attend league games.

Record COVID-19 outbreaks in Texas, Florida and Arizona in recent days have raised concerns about the NFL's plan to stage a full season with fans starting September 10 when Super Bowl champion Kansas City hosts Houston.

The NFL Players Asociation told its board of representatives, "Basically, we told them to kick rocks" in snubbing the idea, the report said, considering an escrow deal something that would have to be negotiated.

Full Story - Yahoo Sports

 

New Orleans Saints receiver Michael Thomas says players will not play the 2020
season before accepting an NFL proposal to put 35% of their salaries in escrow to
hedge against coronavirus-related financial shortfalls (AFP Photo/Jacob Kupferman)

By AFP | Yahoo Sports

New York (AFP) - An NFL proposal for 35% of players' 2020 season salaries to be put in escrow to cover possible revenue shortfalls from coronavirus issues was greeted with scorn by players Wednesday.

Economic issues similar to those that sparked a bitter three-month battle between Major League Baseball players and team owners loom over the NFL with training camps set to open July 28.

The NFL Network reported the escrow idea was suggested by the NFL in case billions of dollars in revenue are lost this year because spectators cannot attend league games.

Record COVID-19 outbreaks in Texas, Florida and Arizona in recent days have raised concerns about the NFL's plan to stage a full season with fans starting September 10 when Super Bowl champion Kansas City hosts Houston.

The NFL Players Asociation told its board of representatives, "Basically, we told them to kick rocks" in snubbing the idea, the report said, considering an escrow deal something that would have to be negotiated.

Full Story - Yahoo Sports

Seems fair, as its' doubtful teams will be play more than 10 games. if players "catch" the virus the entire team will have to go into quarantine for at least 10 days. So the NFL will need to build a lot of dead space into a team's schedule. Taking out 6 games would allow them to do this.