It's a business, so they don't think in money that they need, rather they look at opportunity costs - the amount of money they're losing by holding out versus the potential money they can make on a deal that works in their favor. Right now it's looking like getting a deal done, albeit one that isn't ideal, may be the most cost-effective option.
If it's going to cost each owner $125M to have a dead season this year, then the maths say they have to get the deal done. The main sticking point appears to be over the $1B expenses set aside - even if they got that concession, it would take four years under the new contract before they'd be back to break even if they lose $125M on this year. I appreciate that there are more factors to take into account but for the owners to drop the $1B expense claim and the extra games in return for the rookie pay scale and maintenance of status quo on everything else would give them a small win compared to a potentially huge loss. Deal has to get done if their appeal fails, I reckon.
What I look at is that these are elite businessmen, and they hate seeing their businesses fail and cost them money. That alone will make some want to get this done while sacrificing something they want (preferably the 18 game bullshit). Fuck you, Carson Palmer.
1.) The owners' costs go way down if there's a lockout (in particular they don't have to pay players). So the fact that they're giving up 125 million in revenue each doesn't mean that they're giving up anywhere close to as much in profits. 2.) It's not just the billion. It's 1 billion verses a 2 billion set aside and then whether the players get 40%, 60%, or something else of the rest of the 9 billion and rising in revenue. Using the crude figure of 10 billion in revenue a year over five years the owners think that with total victory they might get 5*(2 billion set aside plus 60% of the other 8 billion) or 34 billion, or about 1.06 billion an owner, and with a total defeat (1 billion set aside, 40% of revenue*9 billion)*5=23 billion, or 720 million an owner. You might be willing to burn a season for 300 million over 5 years.
Could be an extension of a week or two... Also if the union certifies and sues, Brady, Manning, and Brees would be the lead plaintiffs...
I just want one question answered by the NFL owners. Why won't you open the books up and let the NFLPA/mediators/judges/et al, see your exact costs on each team. If you are losing money, the NFLPA won;t be able to do anything but shut the fuck up and accept your terms. However, if your lying, ensure shit-storm on your asses....
Laughed at this: @EricStangel: In anticipation of a #lockout- BYU has denounced all NFL fans. Because they're all about to get F**ked... #Not #Winning Twitter - 3 seconds ago
Looks like there's a 24 hr extension on talks per NFL Network. Hopefully it will at least lead to another extension.
I would think they have to be making progress to agree to an extension. Let's hope they can get this done.
Looks they are going to share more of their financial information now that this extension is happening.
What a fucking novel concept, give the reason for your demands. How about you wait until the last second possible to do so. Faggots. If Doty didn't rule in favor of the players it probably would have never happened.
lol. Yeah, I don't really care why they are doing it. I just want them to get this shit done and it is starting to look both sides actually want that too.
Correct...that ruling really fucked em... But if they show the books, the union knows their position is full of shit...
TheJetsStream Manish Mehta RT @dkaplanSBJ: definitely hearing a 7-10 day extension of #NFL CBA deadline is all but a done deal. Good news if true, would suggest that there's a determination to get a deal done.
this sucks.this board should be flooded with rumors about who is visiting and who might sign where today.they need to get this shit done soon so the fun can start again