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Owners Vote to Opt Out of Labor Agreement

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Old 05-23-2008, 04:54 PM   #38
SBXVII
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Re: Owners Vote to Opt Out of Labor Agreement

So the major problem is the owners most likely have their money tied into the team. No different then a home owner and his house. Then the owner has to pay taxes on the business and possibly property, ie: practice facilities. Insurance for the property and probably any injuries to players on his property. On top of paying all the salaries of non players who help run the team and provide benifits for them. Then you have to look at how much he's paying the players and then see what his actaul take in is.

This is actually what the players want to see...what % do the owners actually recieve after all their bills have been paid or is it tied up into property. If it's tied up then it sucks to be a player for that team. However if the owner is reaping what he has sowed then the players want to dip into his pocket more for a bigger piece of the pie.

It would be interesting to see an owner that allows players to purchase stock in the team and have an investment in the team for later yrs. The only thing that would kill the owner though would be if the players all wanted to sell their shares at once. With a good team an owner may be able to sell it to the public or another rich invester.
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