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8th Circuit Court Grants Stay, Lockout Continues

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Old 05-18-2011, 01:13 PM   #1
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Re: 8th Circuit Court Grants Stay, Lockout Continues

When you say they backed off the 2B number your refering to the owners still wanting their 1B they have been taking all along but instead of including the second billion they decided to split the difference 500mill/500mill and the players still balked. Right? It's like the players don't even want to give an inch. I think the owners knew they wouldn't get the 2B but you have to ask for it bacause you know the other side will talk you down. Like when selling a car, you want $2,500 you almost need to start out at $5,000. Thats all the owners did. But the players won't even let an extra 500 mill go.
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Old 05-18-2011, 01:45 PM   #2
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Re: 8th Circuit Court Grants Stay, Lockout Continues

Now things are getting interesting....

Quote:
The National Hockey League yesterday asked the appeals court for permission to file a friend-of-the-court brief supporting team owners in the NFL case.

“The NHL has a direct interest in ensuring that the determination of terms and conditions of employment for NHL players is the product of a bona fide labor process rather than the ‘lever’ of potential antitrust liability,” attorneys for the hockey league said in their filing.

That league too questioned the players’ ability to disclaim their union and then file suit seeking injunctive relief.

NHL Argument
“The NHL respectfully submits that this cannot be the state of the law,” its lawyers wrote.
NFL Club Owners Seek Reversal of Lockout Order in Labor Fight With Players - Bloomberg
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Old 05-18-2011, 01:50 PM   #3
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Re: 8th Circuit Court Grants Stay, Lockout Continues

Wow for once a positive look at the lockout....

NFL.com news: In lockout with many losers, Burress might actually be a winner
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Old 05-18-2011, 02:04 PM   #4
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Re: 8th Circuit Court Grants Stay, Lockout Continues

Uh Oh, Now everyone is coming out of the wood work to file supporting the owners;
Mediation over but NFL says progress was made - ESPN

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Separately, the U.S. Chamber of Commerce business lobbying group filed a brief Tuesday supporting the league.

The chamber, like the NFL, noted that the dispute is currently before the National Labor Relations Board in the form of an unfair labor negotiations charge against the players. Until then, the chamber said, the court fight should be on hold and the NFL should be able to lock out its players if needed.

"For the collective bargaining process to work as Congress intended, the parties to the dispute must largely be left by the courts to their own devices," the chamber said. "The prospect of self-help forces the parties to make difficult choices" with the option of judges coming to their aid."

The NHL, which could face its own labor problem next year, earlier filed a similar brief supporting the NFL.

Information from ESPN's
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Old 05-18-2011, 02:14 PM   #5
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Re: 8th Circuit Court Grants Stay, Lockout Continues

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Uh Oh, Now everyone is coming out of the wood work to file supporting the owners;
Mediation over but NFL says progress was made - ESPN
I support the owners. Great men like Mike Brown who would rather make disgruntled players suffer in Cincy rather then building his team through the draft with additional picks. Ralph Wilson, who's so senile that he hired a guy named Buddy Nix to build his team then confused the AFC East with the ACC in the hiring of Chan Gailey. Whose team thought that Aaron Maybin would be better then Brian Orakpo.

Guys like Jerry Jones, who thinks he's a great NFL GM. Guys like Dan Snyder who by taking a step back approach now has the time to sue newspapers in addition to bankrupt season ticket holders.

Bill Bidwell, who didn't start trying to win until he realized that the state of Arizona wouldn't build a stadium for a team that didn't even try.

These great business men are men of honor and greatness and I support them.
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Old 05-18-2011, 02:42 PM   #6
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Re: 8th Circuit Court Grants Stay, Lockout Continues

^ I'm soo confused, but it seems like the reward is lazyness and lack of production? Like Hayensworth. OMG, I just had an epiphany!
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Old 05-18-2011, 02:50 PM   #7
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Re: 8th Circuit Court Grants Stay, Lockout Continues

I am not completely for the players, but I sure as hell are not going to have a drop of sympathy for the owners on this battle. Yet I am sure they are going to win this, since they appear to be willing to sacrifice a lot (2011 season) to get what they want.
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Old 05-18-2011, 02:59 PM   #8
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Re: 8th Circuit Court Grants Stay, Lockout Continues

I'm not sure who I'm for at this point. I just don't want games to be missed. Especially that first week being the 10 year anniversay of 9-11. Football needs to be played on that day and it will be a huge public relations nightmare if there's no football on 9-11. And having seen two strikes, 82 and 87, it's only a matter of time before the owners are going to win. Eventually the players will cave in.
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Old 05-18-2011, 03:11 PM   #9
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Re: 8th Circuit Court Grants Stay, Lockout Continues

^ no matter what side your on it's going to boil down to attrition. Did the players save enough money to last the lockout? or are they going to have to get loans to pay back help out? In the end I'm hedging the players will be forced to give in.

What I don't get is they had 2 meetings, two weeks go by, they had 2 meetings, two weeks will go by, etc. etc. Why can't the magistrate mediator order them to sit every day up until June 3rd? Why do we have to wait until June 3rd now and then they can sit down June 7th?

Why the delay? They can still keep sitting down and talking while they wait to see who was wrong.
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Old 05-18-2011, 03:16 PM   #10
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Re: 8th Circuit Court Grants Stay, Lockout Continues

Someone needs to make a Real Men of Genius commercial for the lockout.

Today we salute you Mr. Overzealous Power Mongering Litigation Attorney

Mr Overzealous Power Mongering Litigation ATTORNEYYYY

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Old 05-18-2011, 08:05 PM   #11
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Re: 8th Circuit Court Grants Stay, Lockout Continues

They didn't exactly offer to open the books. They offered to open a couple of pages of the book. Pages that likely didn't answer the players' questions
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Old 05-18-2011, 09:22 PM   #12
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Re: 8th Circuit Court Grants Stay, Lockout Continues

There are things called income statements, balance sheets, statement of retained earnings, and statement of cash flows.

That is what the audit would probably tell them.
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Old 05-18-2011, 09:39 PM   #13
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Re: 8th Circuit Court Grants Stay, Lockout Continues

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There are things called income statements, balance sheets, statement of retained earnings, and statement of cash flows.

That is what the audit would probably tell them.
Right hypothetically they should be giving the third party access to information that they won't let the NFLPA see for themselves. From that the Third Party should determine weather or not the records are accurate and not a repeat of Mike Browns "General Manager Bonus" or the Eagles Owner $7 million salary being counted as a general expense.

Maybe I need to look into this more as I can't find an article that says either or, but what I'm hearing the third party would be able to see the details while the NFLPA would have to settle for the basic summary.

Quote:
For months, the NFL has refused to provide the players’ union with financial information. Now, the league has offered to crack the books open, but the NFLPA wants the information to be fully disclosed.

In our view, the union wants too much.

Per a league source (some of this has been reported elsewhere, including by Albert Breer of NFL Network), the league offered on Tuesday to provide collective profitability information over the past five years, and to have that information verified by an independent, mutually-selected firm. The league also offered to identify the number of teams that have experienced reduced profits.
Maybe I'm reading it wrong but having information verified in accounting usually means seeing the source documents. Receipts, expense reports, etc.
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Old 05-20-2011, 12:37 AM   #14
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Re: 8th Circuit Court Grants Stay, Lockout Continues

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Originally Posted by Dirtbag59 View Post
Right hypothetically they should be giving the third party access to information that they won't let the NFLPA see for themselves. From that the Third Party should determine weather or not the records are accurate and not a repeat of Mike Browns "General Manager Bonus" or the Eagles Owner $7 million salary being counted as a general expense.

Maybe I need to look into this more as I can't find an article that says either or, but what I'm hearing the third party would be able to see the details while the NFLPA would have to settle for the basic summary.



Maybe I'm reading it wrong but having information verified in accounting usually means seeing the source documents. Receipts, expense reports, etc.
You won't know the nitty gritty until you learn the basics of accounting wholesale, like I have. I'm no expert, but I do have some sense of what they the players will and certain tricks that can change up the numbers a bit see.

There are two branches of accounting. Financial accouting is the branch of in which the accountants prepare statements for public viewing.

Then there is managerial accouting, which is intended to be viewed only within the company. What is in the managerial accounting books are what the players want to see.

I actually will doubt they'll see the actual receipts, just that the statements will match whatever is being claimed. However, since it's third party, there is at least some incentive to not fudge too much.
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Old 05-20-2011, 12:46 AM   #15
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Re: 8th Circuit Court Grants Stay, Lockout Continues

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Originally Posted by SirClintonPortis View Post
You won't know the nitty gritty until you learn the basics of accounting wholesale, like I have. I'm no expert, but I do have some sense of what they the players will and certain tricks that can change up the numbers a bit see.

There are two branches of accounting. Financial accouting is the branch of in which the accountants prepare statements for public viewing.

Then there is managerial accouting, which is intended to be viewed only within the company. What is in the managerial accounting books are what the players want to see.

I actually will doubt they'll see the actual receipts, just that the statements will match whatever is being claimed. However, since it's third party, there is at least some incentive to not fudge too much.
You do realize I was an Acccounting Major at one point right? And I'll have you know I got an A in both Survey and Financial Accounting, a B in Managerial but still. And I mean sure I took Survey after Financial to boost my GPA but thats NOT THE POINT HERE SCP. Don't make me go passive aggressive on you again because I'll do it. I swear.
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