FuzzyLumpkins
The Boognish
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jimnabby;3891940 said:They didn't report losses - Forbes estimated the losses. With the following caveat: "And the Dolphins appear to have sacrificed profits in 2009 to better position themselves for the future." That suggests pretty strongly that this was a one-year financial maneuver for a generally profitable enterprise.
Its pretty much based on paying off stadium debt.
AdamJT13;3891769 said:None of the teams are losing money, and none of the teams have claimed to be losing money.
This dispute is not about losing money. It's about whether the owners need more money to build stadiums, develop NFL Network and otherwise "invest in the game" in order to increase revenues exponentially in the future. The owners say yes, and the players say no.
What it comes down to were the contested infrastructure credits that the league tried to put through.
Thats why you have all those quotes of NFLPA counsel talking about unsubstantiated credits and coming back at them with the independent auditor, PriceWaterhouseCooper's, numbers. Its why the owners are saying that the players are getting 70% additional revenues while the players and the auditor say that its 55%.
Maybe you have some idea of what those credits actually were because the CBA does allow for listed stadium credits.
You do not hear Dan Snyder saying something like 'I upgraded 100 luxury suites with AV systems and it put me back $10mil but the auditor rejected it as a credit.'
This notion that the players do not recognize the benefits to expanding the league infrastructure is unfounded. There are variable credit provisions within the old CBA, it just required some accounting oversight.
