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Re: Felger on the owners: I have to agree with him!
Quote:
Originally Posted by FredFromDartmouth
Hiding profits by having the company pay for the luxury vacations and transportation (e.g. private jet) and perks (not to mention padding the payroll with relatives) is a common practice among business owners trying to cut their taxes so I would not be surprised in the least if NFL owners do the same thing...it is an almost certainty.
The only owner demand that I have any sympathy with is a rookie wage scale. Not only does it move money toward vets who have proved themselves but it potentially cuts out weaselly agents.
There are no limits to greed...
Huh?
Obviously, you have zero business experience.
If the IRS allows a deduction, you aren't hiding anything.
The reality is the single greatest expense in the NFL is players. As such, that is the "numero uno" issue on running the business. The list and bankrupt steel and car companies show what happens when a business fails to successfully manage these costs.
Besides, Felger is clueless. If Robert Kraft and Jerry Jones were sucking the business dry with relatives on the payroll; how did they get financing for their endeavors?
Do you seriously think savvy investors are going to give Jerry $1 billion with zero way of repayment because Jerry is giving his kids all excess cash through salaries?
Absent a secondary debt or stock issue, the only way this debt obligation gets paid is through internal cash flow.
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Re: Felger on the owners: I have to agree with him!
Quote:
Originally Posted by skinnydog
I am amazed at how many shills there are here for the owners.
I'm just tired of people who finally take a stand on an issue like this when the employees are treated like gods and well compensated for it. You want to take a stand on these type of issues, do it against companies that treat their employees like dirt.
The players in every major sports league are usually babies when it comes time to talk CBA. Yes, there are some hugely important things that should have been addressed, and based on leaks, were. Like the retirement benefits especially, a very important (and understandably so) issue they won.
It's just dumb how some fans treat already extremely pampered players like they're coal mine workers come CBA time. Bringing up the net worth of owners, hidden expenses, etc.
Re: Felger on the owners: I have to agree with him!
I figured out why Felger is on the side of the players. His go to rant about the Pats is how there is no such thing as a salary cap, the Jets will never get in cap hell, and the Pats should spend like drunken sailors and their excuses not to are BS. If the owners win this battle, his argument would be destroyed.
Re: Felger on the owners: I have to agree with him!
Quote:
Originally Posted by DropKickFlutie
Kraft and most other owners have seen their wealth double or more. Their net worth isn't based on some sort of annual salary, the assets they own have grown in value DRAMATICALLY over the past decade.
This entire issue is about the owners wanting more money, not the players. They thought the players were bluffing and found out they weren't. If a bunch of other rich people got together and signed current NFL players to another league, I think many fans would switch.
O.K. Fair enough. I disagree with how you position ownership here. When the last CBA was made, both sides agreed that this owners reserved the right to allow this one to expire and negotiate another. If their percentage of profit was not reasonable for the amount of investment, they could opt out. So far so good on what has happened and what they did. It's not about one side making money so the other should be happy. If you are investing billions you should have a reasonable return (by the way I am just as jealous about the owners wealth as everyone who is siding with the players including Felger). If you can tell me what they have done wrong for exercising their agreement and the fact that they carried out the last CBA to a tee as well, let me know? This was a business decision the owners made. There last deal it was agreed this could happen by all parties. This was not a derisive attempt to take money out of the players pocket. The players say "well you guys say trust us...ha!" Did not the owners "trust" the NFLPA when they made the last CBA that it would be understood that "if we allow it to expire and we start a new one if we are not happy with that profit structure?" Is that a fair statement?
When the NFL Players get more salary than most of the owners, I say it is broken and it needs to be fixed. They owners pay the whole nut (because they can) but let's face it. Costs are going up. You tell me, are players salaries rising? Does Brady not make more than the Green Bay PACKERS? Does that poor boy "Travesty" Mankins make more than the Green Bay Packers last year? Even though profits are up, it still costs more money and salary to run the League.
Here is the shocker: The Green Bay Packers (who sell out every game) and are publicly traded. What they made in 2010 will be about what we have to pay Tully Banta Cain in salary this year. Does that sound reasonable to you and Obamite economiced Felger?
I have a solution. The CBA stays the same for the length of the new CBA contract if the players salaries can be frozen as well. Seems fair to me.
Felger rants about "Spaulding" getting big money from Daddy to be management of Dad's NFL Team. Put this in your pipe Felger. The Bank of America who you and I and Obama bailed out made amount $2.8b in 2010. The NFL did $9b and no "bail out". Here are some of the salaries of the top Bank of America execs in 2010 to put it in perspective (uh.... Cousins....we are paying for these guys!):
Joe L. Price
6,000,000
Gregory L. Curl
9,900,000
Thomas K. Montag
9,900,000
Brian T. Moynihan
6,000,000
You all might be hard at work in some factory or some cubicle. I am sure these guys are not!!!
Example:
If the NFL forms NFL2 and Belichick and his staff can take all the rookie class this year and any of those players that want to actually play, would you not watch? I think it would be exciting as hell. This would not be a scab deal because of the timing of the legal issues there are tons of players with no present contracts that could consider. The NFLPA could sue the crap out of the NFL and stop the lock out but if the owners dissolved the NFL as the players decertified it could work. I could live without Brady and Manning and Brees to see some new exciting players take a full time role in the new NFL2 if BB was forming our new Team.....and yes Matilda people will watch. The NFL has the whole infrastructure in place. They do not have to get up off the couch. Oh sure they lose a few "stars' for a few games or a year.......Want to bet they all beg to join NFL2? Their old NFL Teams will hold their rights.
If the NFL Teams have to cut ticket. parking and concession prices to jump start this, so be it. They would rebate the networks but guess what, the networks won't go away because they have slots to fill. There still is a cash flow for them.
I would love to see that if this Smith agended peeing match goes on much further. Both are at fault. But right now Smith and his gd political goals are affecting this and he could care less about the fans or his players.
DW Toys
Re: Felger on the owners: I have to agree with him!
Quote:
Originally Posted by Rob0729
I figured out why Felger is on the side of the players. His go to rant about the Pats is how there is no such thing as a salary cap, the Jets will never get in cap hell, and the Pats should spend like drunken sailors and their excuses not to are BS. If the owners win this battle, his argument would be destroyed.
His line is the cap is crap, you can play games with the cap and sign anyone you want. Hes a mathematical moron.
Hes not smart enough to dig into the real issues here and comment on that so hes plays to the lowest common denominator, apparently it works since his ratings are up.
Location: Central MA by way of the great state of New Hampshire
Posts: 7,378
Re: Felger on the owners: I have to agree with him!
Quote:
Originally Posted by DW Toys
O.K. Fair enough. I disagree with how you position ownership here. When the last CBA was made, both sides agreed that this owners reserved the right to allow this one to expire and negotiate another. If their percentage of profit was not reasonable for the amount of investment, they could opt out. So far so good on what has happened and what they did. It's not about one side making money so the other should be happy. If you are investing billions you should have a reasonable return (by the way I am just as jealous about the owners wealth as everyone who is siding with the players including Felger). If you can tell me what they have done wrong for exercising their agreement and the fact that they carried out the last CBA to a tee as well, let me know? This was a business decision the owners made. There last deal it was agreed this could happen by all parties. This was not a derisive attempt to take money out of the players pocket. The players say "well you guys say trust us...ha!" Did not the owners "trust" the NFLPA when they made the last CBA that it would be understood that "if we allow it to expire and we start a new one if we are not happy with that profit structure?" Is that a fair statement?
When the NFL Players get more salary than most of the owners, I say it is broken and it needs to be fixed. They owners pay the whole nut (because they can) but let's face it. Costs are going up. You tell me, are players salaries rising? Does Brady not make more than the Green Bay PACKERS? Does that poor boy "Travesty" Mankins make more than the Green Bay Packers last year? Even though profits are up, it still costs more money and salary to run the League.
Here is the shocker: The Green Bay Packers (who sell out every game) and are publicly traded. What they made in 2010 will be about what we have to pay Tully Banta Cain in salary this year. Does that sound reasonable to you and Obamite economiced Felger?
I have a solution. The CBA stays the same for the length of the new CBA contract if the players salaries can be frozen as well. Seems fair to me.
Felger rants about "Spaulding" getting big money from Daddy to be management of Dad's NFL Team. Put this in your pipe Felger. The Bank of America who you and I and Obama bailed out made amount $2.8b in 2010. The NFL did $9b and no "bail out". Here are some of the salaries of the top Bank of America execs in 2010 to put it in perspective (uh.... Cousins....we are paying for these guys!):
Joe L. Price
6,000,000
Gregory L. Curl
9,900,000
Thomas K. Montag
9,900,000
Brian T. Moynihan
6,000,000
You all might be hard at work in some factory or some cubicle. I am sure these guys are not!!!
Example:
If the NFL forms NFL2 and Belichick and his staff can take all the rookie class this year and any of those players that want to actually play, would you not watch? I think it would be exciting as hell. This would not be a scab deal because of the timing of the legal issues there are tons of players with no present contracts that could consider. The NFLPA could sue the crap out of the NFL and stop the lock out but if the owners dissolved the NFL as the players decertified it could work. I could live without Brady and Manning and Brees to see some new exciting players take a full time role in the new NFL2 if BB was forming our new Team.....and yes Matilda people will watch. The NFL has the whole infrastructure in place. They do not have to get up off the couch. Oh sure they lose a few "stars' for a few games or a year.......Want to bet they all beg to join NFL2? Their old NFL Teams will hold their rights.
If the NFL Teams have to cut ticket. parking and concession prices to jump start this, so be it. They would rebate the networks but guess what, the networks won't go away because they have slots to fill. There still is a cash flow for them.
I would love to see that if this Smith agended peeing match goes on much further. Both are at fault. But right now Smith and his gd political goals are affecting this and he could care less about the fans or his players.
DW Toys
Good post. I like this line of thinking. If employers don't want the employee anymore they get rid of them. If the employee wants a better job and more pay, they go somewhere else or start their own business. Thats America.
The NFLPA cannot deny the rights of drafted/undrafted rookies who aren't part of the union to play and earn a wage. It's unconstitutional and illegal.
I would concur that if the players are losing the PR battle and those rooks, UFAs and players who cannot afford to ride out the lockout cross the lines, ratings and sponsorships may dip but NFL fans will still watch games and attend in person.
Just imagine if the Pats go 14-2 with rooks, UFAs and line-crossers. That would be incredible.
Obviously, I side with the owners on this issue. They own the business and the players are employees. If they find their working situation unaccpetable, go do something else.
My .02$
__________________
“I'm not really concerned about the other 31 teams,” - Bill Belichick
"If a player has talent and doesn't succeed, that means that they either don't want to be successful or I have failed as a coach." - Bill Belichick
Re: Felger on the owners: I have to agree with him!
Quote:
Originally Posted by FredFromDartmouth
It pains me to say this but Felger appears to be spot-on in his rants about the owners. In case you missed it Felger is saying that the reason many owners do not show a lot of profit is because they have bloated executive salaries and perks. He suspects that the front offices are filled with "Spaulding Smails" relatives and that owners such as Jerry Jones are pulling down gigantic and multiple salaries.
We will not know for sure until (ha) the financial details are released. I suspect that the paper shredders are working overtime.
The principle at work here is that there is no limit to greed. The owners were making untold millions already but that was not enough. It is never enough in corporate America. The owners gave some lame-ass excuses about expenses and capital layouts when it was just a greedy shakedown of the players.
It is the players that I pay to watch and not some litigious eel owner. It is the players who play with excruciating injuries in appalling weather and risk long-term disability. They deserve at least what they got before plus a cut of the new TV money that the owners tried to hide.
The whole idea that this is about taking money away from the players just touches the border of the issue. For three years the ownwers have been telling the players that the CBA wasn't working. They have been informing the players that they were unhappy and that they would like to get something done. The players decided not to do anything. I don't blame them, but because they let this fester this is as much their fault as it is the owners. Then they hire a guy whose sole purpose was to decertify the union and prove his credentials as a true liberal crusader for the oppressed worker, in this case oppression pays really well, but some believe it is slave wages.
The owners lived up to their end of the bargain and got out when they could. The players knew that the owners were unhappy but decided to screw them anyway, once again they had the right to screw them. So now, after never really wanting to make a deal the players walk away from the bargaining table and try to make the fans believe that they are the ones who are trying to get a settlement?
I hope they get used to the term "Would you like suger with that coffee?".