longhorn Posted October 31, 2010 Report Share Posted October 31, 2010 I hate to say it, but I feel pretty certain there will be a lockout orchestrated by the NFL owners in 2011. A lot of attention has gone to the extra games the owners want, but the largest issue, by far, is the $1 billion the owners are wanting back from the players to cover declining profits of many teams due to the poor economy. The players have asked the owners to open their books, but the owners have refused. The Green Bay Packers are the only publicly held franchise and their books show a definite downward trend in revenue. Their net revenue (profit) has declined from approximately $34 million four years ago to under $10 million last year. That $10 million in profit dropped FIFTY PERCENT from the previous year. On the American economicc front, 2011 is likely to be a harder year on many citizens than 2010 so the plunge in revenue is likely to continue. I predict the players will have to give some of the 60% off the top they currently receive and the owners will generally prevail this time. Another factor is the the NFL hired Bob Batterman, the lawyer who was instrumental in the NHL lockout and are following his gameplan for renegotiating the NFL Collective Bargaining Agreement. Just like the NHL, the NFL has created a website to track this owner/labor mess at www.NFLLabor.com. If there is a lockout, don't expect to see a lot of coaching changes until it is over. Also, look for impacts on the draft and player contracts because the owners will try to get as lean as they can in costs before 2011 arrives. Supposedly the NFL also negotiated clauses in their TV contract which guaranteed $4 billion in revenue in 2011 even if no games are played. While they'd have to pay this back, it gives them significant money to help wait the players out. The betting is that the players will run out of money before the owners. Link to comment Share on other sites More sharing options...
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