Gadfly22
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wileedog;3876480 said:That's pretty much what I'm saying, and as such I don't think either thing should be considered at all in the current negotiations.
We all went to school or had some form of training to get to our current jobs, I don't get compensated in any way for it. I am expected to or I wouldn't get the job.
Not true. Even if an owner inherited his money to buy/manage the team, he still has an opportunity cost. That money could be invested in other things, and it could be lost if the business goes sour.
Yes, he worked for his college education and received it as payment. Why should he get paid again for it in the NFL?
1. I'm not saying that the players' past training and investment of time and energy actually plays a part in the current negotiations. I'm just saying that, in terms of understanding certain economic analogies being discussed, that investment of time and training comprises human capital that the players are contributing to the NFL enterprise. But one thing that separates an NFL player's background from yours and mine is that his makes him a rare and valuable commodity, so it puts him more on par with the money-contributing owners than you or I would be.
2. Yes, an inheriting owner could certainly sell his interest. That just means his investment is more fluid than a player's human investment. Without a flourishing NFL, the player's investment would plummet in value. But I only brought that point up to note that an actual economic investment was not required for all NFL owners. In terms of the economic analogies, that point is probably irrelevant.
3. No college player is being paid for his college education in the NFL. He's being paid for his football performance value. But he could not provide that performance without years of training, some of which was done in college. The time invested in college training is like the cash invested by an owner in an earlier enterprise that was profitable enough to give him the funds to invest later in an NFL team. Both got something in return for that earlier investment that was parlayed into a later, more lucrative investment.
