Quote:
Originally Posted by SBXVII
In order to keep it short, I somewhat agree with you.
#1- your right the owners did keep everything prior to the 90's. But then the CBA came along and 60% was given to the players. But a lot of players made their extra money in advertizing.
#2- Your right again in saying if the revenue goes down so does the players cut, but the players still get 60% of what was taken in.
#3- Lets see you go out and tell your perspective employers that you want a % of their income and you want to see their books to make sure their on the up and up. What if the mods here said in order to remain a member you had to show your bank account statements. I think there would be quite a few upset people.
#4- Who knows why some owners do better then others, other then to say some are better managers. Snyder is an awesome manager... he just needs to keep his hand out of the kitchen. Your right when you say the teams sell for a decent amount and it will always go up, but if most of the money is tied up in the property then the owner really doesn't have much on hand of his own. I mean he might have an expensive team but if all he's pocketing is $1 mill a yr and he has players making 10 mill I'd be upset as an owner.
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1) Not correct because it is not 60% of all that is taken in. Just what the owenrs are willing to reveal.
3) This is the Sports & Entertainment business. Not your everyday job type situation. The comparison does not apply.
Look what happened to the Miami Heat after they acquired LeBron James and Chris Bosh. With in a week they went from being a team struggling to fill their seats, to selling out 100% of their entire arena for every game this season. All 44 games. They were able to lay off their entire tickets sales department. They do not need to sell tickets anymore. The revenue influx was massive. Star Power.
All of their road away games are also all sold out.
A steel worker or a welder is not going to have that kind of effect on the bottom line. Get it?
The same is true when we negotiate a concert deal with a high powered entertainer like U2 or Rolling Stones. They take a % of the entire revenue that night. It is not uncommon in the Sports & Entertainment business because the revenue gained by a Peyton Manning is so diffrent than that gained by a Rex Grossman. LOL!
If Peyton Manning is traded tomorrow to a team that is struggling to fill their seats like a Tampa Bay, Oakland or St Loius that only sells about 75% of their seats, the result is instant and powefull$$$. Not to mention the effects of Revenue on sales of Merch, Parking and Concessions.
#4) If the owner does not have enough money to be an NFL owner. Easy, sell the team to someone that does.