Report: NFL proposed a potential 35% pay cut for players to offset losses from coronavirus pandemic. CGM Already Responds (1 Viewer)

[SAINTSFAN]

Whatever loses can be made up in the next TV contract.

And that is when the salary cap would go up as would contracts. The players are still going to want their same share of that increase as called for in the CBA.

 

[Saint Jack]

"Hey networks, pay us 1 billion more just because"

You do know the money comes from somewhere right (ultimately your pocket)

CBS, FOX, and Disney would gladly pay especially when the NFL is the only thing with consistent high ratings.

 

[renegadewa]

Oh yeah............................if anything can cancel the upcoming season then this should do it.

I know the salary cap is based on revenue but I find it very hard to believe that any owner of an NFL franchise has lost money in the last 10 years.

We have all lost something (jobs and income) and some have fallen on very hard times since this virus baloney started so we're supposed to believe that ridiculously wealthy men are exempt from that?

Part of the reason that some of these men are wealthy is because they will always find a way to bail themselves out............................the thing is though that they will more often than not use other peoples money (in this instance the players) to make that happen!!

 

[gavinj]

Net worth and cash on hand are not the same..

Someone can be a billionaire and not have a dime in the bank

That’s why God created pawn shops.

 

[soggymoss]

CBS, FOX, and Disney would gladly pay especially when the NFL is the only thing with consistent high ratings.

You think they just pull that money out of their arse?

They sell ads to companies to pay for it. Price of TV contract goes up, ad price goes up. Ad price goes up, goods and services provided by those companies go up. Price of goods and services goes up, you're paying for it.

So no, its not Disney, Fox, CBS paying for it, you're paying for it, all for a player making tens of millions of dollars to cry like he's oppressed.

 

[SaintJ]

A Bonus!?!?!? I work in a hospital with DIRECT contact with COVID patients. If anyone deserves a bonus it would be hospital personnel not guys playing a sports already making millions. :::HUGE EYEROLL:::

The only crime here is that you are not getting a bonus, which you deserve.

But they've taught you to direct your anger and frustration at other working people who have at least a little bit of leverage, instead of the oligarchs (disclaimer: I would like to be an oligarch) who have made and maintained fortunes in America by pitting workers against each other, using race, the Pinkertons, the police, the armed forces, you name it.

Save the HUGE EYEROLL energy for the business owners that are mistreating you, and not other workers. Trust me, the people who own or run your business will make far more in their lifetimes, with less risk and effort, than all but the best of the NFL players.

Don't get played like a mark.

 

[Saint Jack]

You think they just pull that money out of their arse?

They sell ads to companies to pay for it. Price of TV contract goes up, ad price goes up. Ad price goes up, goods and services provided by those companies go up. Price of goods and services goes up, you're paying for it.

So no, its not Disney, Fox, CBS paying for it, you're paying for it, all for a player making tens of millions of dollars to cry like he's oppressed.

There is no way they are gonna let go of the NFL. They’ll pay whatever price.

 

[No2DC]

Yeah, it makes great fiscal sense for the owners who are already losing billions..

Not every owner has the cash on hand to get through a shortened season/season with no fans and be able to make it.

Look at Fertita in the NBA who's lost a huge chunk of his fortune being it was tied up in casinos and restaurants

This is weird. The only way an owner should be in the hole if they no longer were making money of the companies or businesses that allowed them to become wealthy in the first place.

 

[SaintJ]

Net worth and cash on hand are not the same..

Someone can be a billionaire and not have a dime in the bank

Then they should stay away from owning an NFL team, if they are so over-leveraged.

How many billionaires do you know?

 

[soggymoss]

This is weird. The only way an owner should be in the hole if they no longer were making money of the companies or businesses that allowed them to become wealthy in the first place.

Literally gave one example in the quote

 

[No2DC]

Literally gave one example in the quote

1 billionaire out the 3 major sports leagues, and not the NFL. It still sounds like poor management to me.

 

[Merl]

Keep in mind that’s a player agent at the heart of your eye-rolling. They get to keep a lot of the players’ money anyway. It’s how that whole system works.

Agents can only charge a maximum of 3% of a players. That is an NFLPA regulation that has to be followed or they lose their certification. No certification means a team cannot negotiate with the agent. There is a clause in the CBA that states a team can only negotiate with an NFLPA authorized player rep or the player himself.

 

[BELOWSEALEVEL]

I like scab football

 

[rob22278]

Anyone who by their job is forced or expected to be at work in an environment that exposes them to the risk of catching the virus should receive hazard pay regardless of their income, sports figures included. The first in line to get that pay should be people in the medical field. Sports are a luxury. However, if their employer is forcing them to perform in an environment that exposes them and their family to a virus that kills, then they should be compensated accordingly. They are fortunate to be paid very well for having an ability that not everyone has. It's market value and free enterprise at its best.

No one is forcing the players to play. It’s been stated that players can opt out of the entire season. Then those players don’t make anything this year. It’s their choice.

And as stated above, the money goes into escrow in the event revenues drop. It’s not an automatic pay cut.

It’s tough to feel sorry for the owners or the players. It is what it is.

 

[rob22278]

This is weird. The only way an owner should be in the hole if they no longer were making money of the companies or businesses that allowed them to become wealthy in the first place.

So I guess this is what Gayle will go back to, right? There’s not another Tom Benson to marry. A big portion of his liquid assets went to the estranged family after Gayle took control of the sports franchises.

Benson began her career in receptionist and secretarial positions before starting a home buying and renovating business with her second husband, Thomas "T-Bird" Bird. Following their divorce, Benson started an interior decorating business called Gayle Bird Interiors, Ltd.[10][13]

She was involved in 20 civil lawsuits over a 13 year period, beginning in 1987, for allegations of overbilling clients, nonpayment, and others.[14][10] She was arrested and charged with theft of furniture from a client. The district attorney declined to prosecute.[15][16] She had both state and federal tax liens against her business for failure to pay taxes.[15][17] In the first ten years, Gayle and her then-husband Thomas Bird, renovated one hundred properties.[18][19]

Gayle Benson - Wikipedia

en.m.wikipedia.org