NFL's Integrity* on display again: league hid $100M+ from players to keep salary cap down

The NFL uses questionable accounting.

Why, whoever would have thought it?

The Ted Wells accounting firm

betterthanthealternative said:

This is a big deal. It undermines the foundation of the partnership between the owners and the players that makes possible the NFL as structured .

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One might say it undermines the integrity of the game.

They're hiding some draft picks too

In a text message, one of Goodell's accountants called himself "the cap lowerer."

Remember, this is the "full 32" that Kraft chose over his team, his coaches and his players.




#integrity

IcyPatriot said:

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Ok, This is another photoshop opportunity. Pinocchio needs Goodell's face.

Deus Irae said:

Ok, This is another photoshop opportunity. Pinocchio needs Goodell's face.

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Integrity*

Unsurprising, these guys try and hide their revenue all the time

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That's about 25-30k per player

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Joker said:

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Now, I've got just the name for you: Goodellnocchio!
- Geppetto

I love football as a sport, but the NFL as a business/league is the most shady and corrupt in American sports imo.

AndyJohnson said:

There is no partnership....The NFLs primary ENEMY is the players.

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The basic financial model of the NFL is that two parties, the owners and the players, work together to create revenue. That total revenue is split between them. The more revenue there is, the more money they both make. Every few years, they sit down to negotiate about who gets how much, but that's just an argument about pennies on the dollar. The basic structure of the NFL is this partnership between the two. The fans are the people they are both getting the money from; we are their target.

The most basic imbalance in this relationship is that the owners also profit when the value of their franchise increases, thus providing them (in recent years) a greater benefit than the players from NFL success. That's always struck me as the achilles heel in the relationship, as resentment over that is going to eat at the players.

Has there ever been a more greedy collection of scumbags than the NFL owners? These clowns are all multi-billionaires, and yet they'd gladly sell the souls of their first-born children if they could get a couple hundred bucks for them.

A blatantly corrupt organization being corrupt. Again. Well nobody saw that coming...

MitchKumstein said:

Has there ever been a more greedy collection of scumbags than the NFL owners? These clowns are all multi-billionaires, and yet they'd gladly sell the souls of their first-born children if they could get a couple hundred bucks for them.

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It does beg the question: are very rich people who are attracted to NFL ownership even more (insert psychological problem here) than other very rich people? It may be true. Someone needs to use this for a graduate thesis.