Owner's pay the players 6 billion per year

ShortRound131 said:

Yeah NFL is going to take a revenue hit for the next few years. It's going to affect everyone.

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agree. We are talking 2 billion in losses and thats just THIS YEAR. Thats why its imperative the cap HAS to come down NOW. ALSO, we gotta have fans at the games. The league will go bankrupt in short order with no fans.We are the straw that stirs the drink.

Diehardblues said:

NFL revenue was 16 billion .

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so far the league has lost something like 2 billion in revenue, and we havent had 1 game. IMAGINE the losses with no fans at games OR WORSE YET...NO GAMES AT ALL..OR A SHORT SEASON. It will be devastating. We may be talking the league being very close to bankrupt by 2021,2022. We gotta get this figured out.SALARIES MUST COME DOWN. Caps have to be adjusted.

DandyDon52 said:

that sounds about right, around 200 mil.
Would you agree then that if no fans, but they had the games they would then go into the hole? and about how much ?

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Unlikely. But salsa irrelevant. Teams are an investment. The annual operating profits, while substantial, are far less significant than the appreciation of the team’s value over time. Teams could lose money every year and still be a terrific investment for the owners.

DandyDon52 said:

I hope mods will let this stay in fan zone for 24 hours.

So they are not that greedy.
32 teams each with 200 mil cap this year, so 32x200 mil is 6.4 billion dollars!
I knocked off the 400 mill for unused cap.

On top of that consider team uniforms, jocks socks training equipment, training facility and maintenance of that.
Travel expenses every time team goes somewhere meals [some of these guys cant eat!]
Stadium maintenance , the electric and water bills for home games Stadium lights have to use a lot of juice,
and 90,000 people using RR use a lot of water.

Owners have a lot of expenses that people rarely think about.

Now Jake posted that the coming season tv rights will generate over 5 billion, which is great,
but that doesnt even cover the cap of 6.4 billion. So owners dont profit on that at all. That just helps
pay the players.

So the owners make most of their profit from home games, 90,000 seats on avg , and the concessions
they get too.
those of u who actually have gone to games recently could figure up and post what you think
they pull in per game
I just guessed at $50 per person , and x 90,000 = 4.5 mil per game,x 8 =36 mil per year
then add the sponsor money,= 50 mil per year?
That is a lot, but doesnt seem like much considering all the billions thrown around.

I think the teams worth, has to include the value of the stadium itself and practice facility and other things.

So this is why the owners really need to have fans at the games, because that is their main source
of income that can be profit.
This is also why they want another home game every year or two years,[with 17 games]

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You have several errors. First the cap figure each year is based off the TV contracts, live gates and NFL merchandise. The players get a set percentage of the revenue generated by the NFL. Of that balance a very small percentage is set aside for league expenses and the remainder is divided among the team owners. Oh and each team profits from all games. The home team gets 60% of the live gate and the visiting team gets 40%. Teams contract the concessions to private companies and that contract amount compared to most the other revenues is minimal. The sponsor money is the majority of the money for league use. All of the NFL stadiums are in part paid for by the local and/or state governments with the exception of 1 that was paid for entirely and owned by the local city. Those stadiums that have corp. names pay naming rights to the team that plays there. Some times there has been a lump sum paid up front and others there is yearly payments for the length of the contract. That money goes to the owners.

In just about every business the biggest drain on revenues is employee costs. Then there are all sorts of other expenses owners have to cover like the costs of the buildings either to build or rent, property taxes, costs for renewing certificates need by the employees to do their job.. Some businesses have as part of their business have things that have to be disposed of in particular way that they have to pay to have it done like car batteries or lithium batteries. After all of the costs businesses have to pay the amount of pure profit the owners get is pretty small compared to the gross revenues they make.

In tioday's NFL the owners have made their money in other businesses and don't depend on just the profits they get from owning a NFL team. The owners didn't become billionaires making bad business decisions so what they have agreed to in the current CBA you can believe that they are not losing money. This year may be the exception because everything that has happened since January.
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Diehardblues said:

The players only share in the TV revenue and ticket sales. Owners get 52%. Players 48%.

Stadium sponsorship, parking, concessions , merchandise , etc is all for the owners.

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You're wrong. NFL merchandise is also part of the cap formula. In fact it's because of the merchandise that the NFL doesn't know the exact amount of what the cap will be until after the 1st week in March. Merchandise sales are for the league year that doesn't end until the first couple days of March. Until they know what that is they can't come up with an exact cap number. If merchandise wasn't part of it they would know already after the Super Bowl what all the live gates would be and they would already know what the coming year's TV contract money will be, but they say they have to wait until after the 1st week in March.
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Let me get this straight....

Prescott didnt sign because his agent thinks theres billions coming into the revenue stream in the near future, yet all of this is the case at the same time?

PJTHEDOORS said:

Anyone who worships money is greedy.

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INDEED

Diehardblues said:

Interesting how some fans favor the billionaires ( owners)interest over the millionaires (players).

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Interesting how these millionaires still consider themselves downtrodden even though they are clearly part of the 1 Percent.

shabazz said:

Interesting how these millionaires still consider themselves downtrodden even though they are clearly part of the 1 Percent.

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bingo. Its they feel entitled. The tail that wags the dog. THE NFL made this mess. This has been brewing for several years, a cap/salary reset. Its coming guys.I proposed on this board about 2 years ago a scenario where we see a veteran salary structure set in stone ,much like the rookie salary structure. A SET VALUE in which a player only gets paid depending on tenure and position. Rookies have this so why not vets? It must end somewhere. Think...we have a Mahomes deal of 10 years and around 500 mil. If this keeps going unchecked, whats next? Will we see a player get 600 mil? lol..in 3 years..maybe a 1 billion dollar contract? SEE MY POINT? It cannot go on as structured, and that was prior to the virus uncertainty etc. We are at that point NOW, IMO. Time to reset the cap and entire player salary structure in order to make the league sustainable. Its about survival of the NFL at this point. Rumblings of a 40 mil reduction in cap per team is not a shock. I'm shocked it took this long to be honest. We will see players cut soon, that we thought would be entrenched on their teams. You watch how many great players will be on the street or traded by mid season and heading into 2021.

DandyDon52 said:

I hope mods will let this stay in fan zone for 24 hours.

So they are not that greedy.
32 teams each with 200 mil cap this year, so 32x200 mil is 6.4 billion dollars!
I knocked off the 400 mill for unused cap.

On top of that consider team uniforms, jocks socks training equipment, training facility and maintenance of that.
Travel expenses every time team goes somewhere meals [some of these guys cant eat!]
Stadium maintenance , the electric and water bills for home games Stadium lights have to use a lot of juice,
and 90,000 people using RR use a lot of water.

Owners have a lot of expenses that people rarely think about.

Now Jake posted that the coming season tv rights will generate over 5 billion, which is great,
but that doesnt even cover the cap of 6.4 billion. So owners dont profit on that at all. That just helps
pay the players.

So the owners make most of their profit from home games, 90,000 seats on avg , and the concessions
they get too.
those of u who actually have gone to games recently could figure up and post what you think
they pull in per game
I just guessed at $50 per person , and x 90,000 = 4.5 mil per game,x 8 =36 mil per year
then add the sponsor money,= 50 mil per year?
That is a lot, but doesnt seem like much considering all the billions thrown around.

I think the teams worth, has to include the value of the stadium itself and practice facility and other things.

So this is why the owners really need to have fans at the games, because that is their main source
of income that can be profit.
This is also why they want another home game every year or two years,[with 17 games]

Click to expand...

LOL
what is the combined worth of the owners?
how much money do the players make the owners?
what a simple-minded analysis.

Rayman70 said:

bingo. Its they feel entitled. The tail that wags the dog. THE NFL made this mess. This has been brewing for several years, a cap/salary reset. Its coming guys.I proposed on this board about 2 years ago a scenario where we see a veteran salary structure set in stone ,much like the rookie salary structure. A SET VALUE in which a player only gets paid depending on tenure and position. Rookies have this so why not vets? It must end somewhere. Think...we have a Mahomes deal of 10 years and around 500 mil. If this keeps going unchecked, whats next? Will we see a player get 600 mil? lol..in 3 years..maybe a 1 billion dollar contract? SEE MY POINT? It cannot go on as structured, and that was prior to the virus uncertainty etc. We are at that point NOW, IMO. Time to reset the cap and entire player salary structure in order to make the league sustainable. Its about survival of the NFL at this point. Rumblings of a 40 mil reduction in cap per team is not a shock. I'm shocked it took this long to be honest. We will see players cut soon, that we thought would be entrenched on their teams. You watch how many great players will be on the street or traded by mid season and heading into 2021.

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Wow. Don’t even know where to begin. You have zero understanding of NFL economics.

DandyDon52 said:

I hope mods will let this stay in fan zone for 24 hours.

So they are not that greedy.
32 teams each with 200 mil cap this year, so 32x200 mil is 6.4 billion dollars!
I knocked off the 400 mill for unused cap.

On top of that consider team uniforms, jocks socks training equipment, training facility and maintenance of that.
Travel expenses every time team goes somewhere meals [some of these guys cant eat!]
Stadium maintenance , the electric and water bills for home games Stadium lights have to use a lot of juice,
and 90,000 people using RR use a lot of water.

Owners have a lot of expenses that people rarely think about.

Now Jake posted that the coming season tv rights will generate over 5 billion, which is great,
but that doesnt even cover the cap of 6.4 billion. So owners dont profit on that at all. That just helps
pay the players.

So the owners make most of their profit from home games, 90,000 seats on avg , and the concessions
they get too.
those of u who actually have gone to games recently could figure up and post what you think
they pull in per game
I just guessed at $50 per person , and x 90,000 = 4.5 mil per game,x 8 =36 mil per year
then add the sponsor money,= 50 mil per year?
That is a lot, but doesnt seem like much considering all the billions thrown around.

I think the teams worth, has to include the value of the stadium itself and practice facility and other things.

So this is why the owners really need to have fans at the games, because that is their main source
of income that can be profit.
This is also why they want another home game every year or two years,[with 17 games]

Click to expand...

Since when is 90,000 avg seating? I thought most are around the 70,000?


just found this:

In their normal configurations, all of the league's 30 stadiums have a seating capacity of at least 60,000 spectators; of those, a majority (17) have fewer than 70,000 seats, while eight have between 70,000 and 80,000 and five can seat 80,000 or more.

Rayman70 said:

explain, since your the self ordained expert on the board. Maybe the rest of us on here are missing something.

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Like I said, I don't even know where to begin, your take is so divorced from reality. You're proceeding from a false premise with no basis in fact (that there isn't enough money to pay the players, that it "cannot go on as structured") and moving to solutions that aren't in the realm of possibility or desirability (fixed player salaries determined by tenure and position).

I don't know what you mean by "the rest of us:" nobody else is proposing silly ideas like yours.

JD_KaPow said:

Like I said, I don't even know where to begin, your take is so divorced from reality. You're proceeding from a false premise with no basis in fact (that there isn't enough money to pay the players, that it "cannot go on as structured") and moving to solutions that aren't in the realm of possibility or desirability (fixed player salaries determined by tenure and position).

I don't know what you mean by "the rest of us:" nobody else is proposing silly ideas like yours.

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show me the numbers...waiting

shabazz said:

Interesting how these millionaires still consider themselves downtrodden even though they are clearly part of the 1 Percent.

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Players are not part of the 1 percent. Maybe Brady is since he and his wife's income together probably puts him in that category.

other than that the owners are part of the 1 percent not the players.

Diehardblues said:

The problem is we have fans who’d want to be a player making that kind of money. There’s resentment, envy, etc

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Absolutely. You see it every time a player negotiates a contract and automatically becomes "evil" for not accepting the first lowball offer. There's a deeper cliff to dive off of regarding this but let's just leave it here for now.

I think players have over a million reasons to go to work each day. Thats not resentment, its truth. You get paid a wage TO WORK IN EXCHANGE. LOL. Thats true in life. Risks are part of life.

shabazz said:

are you sure about that?

https://www.businessinsider.com/personal-finance/income-family-top-1-percent-every-state-2019-4

To be among the top 1 percent of U.S. earners, a family needs an income of $421,926, a new report from the Economic Policy Institute finds. However, the threshold varies significantly among states.Jul 27, 2018

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I was under the assumption they were in the top 10 and the top 1 percent was the jones's of the world.

Rayman70 said:

I think players have over a million reasons to go to work each day. Thats not resentment, its truth. You get paid a wage TO WORK IN EXCHANGE. LOL. Thats true in life. Risks are part of life.

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You want them to play by the 70's standards where they were abused and paid peanuts while the owners kept all the money? Is this the situation you want? You are on the side of the owners of one of the biggest most profitable business in the world when the players take all the punishment?

Tony Romo in his grahm bensinger interview a few months ago talked about how he has to go to the doctor, I think he said everyday or every week for stuff for his back and other injuries he sustained. he mentioned how he knows he is going to have problems down the road but is doing what he has to do now to stay healthy enough to do what he wants to do.

so you think the umpteen other guys like Romo who put their body on the line should play for minimum's while guys worth billions of dollars just get richer? Romo's body was destroyed during that rebuild/retooling of 11, 12 and 13. he took a ridiculous amount of vicious hits and will pay the toll the rest of his life as have and will many others in the same situation. They deserved every penny.

I don't even like Dak but I hope he gets a record contract. The players deserve it. As a ticket holder I want the money going to the players and the people that work for the teams.....not the yuppies with the yachts.

MikeB80 said:

You want them to play by the 70's standards where they were abused and paid peanuts while the owners kept all the money? Is this the situation you want? You are on the side of the owners of one of the biggest most profitable business in the world when the players take all the punishment?

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They all want that. Lighter on the ego.