Blog Entry

Ruling big win for players -- and you

Posted on: March 1, 2011 9:02 pm
Edited on: March 1, 2011 9:03 pm
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You pay your mortgage, right?

It's easier to do with money coming in, right? Now imagine you're NFL owner with a huge mortgage on a stadium you helped finance.That owner pays the mortgage on that debt, just like you.

That's why the ruling Tuesday that NFL owners can't have access to the $4 billion in television revenue they were expecting if thee's a lockout next season is huge.

 District Jugde David Doty, who has been a thorn in the league's side in the past with other rulings, overruled special master Stephen Burbank in declaring the league couldn't have access to the TV money next season.

The reason that ruling is a big is because many of the big-power owners, men like Jerry Jones (Cowboys ), Bob Kraft (Patriots) John Mara (Giants) and Woody Johnson (Jets), have big debt service on their stadiums.

They have monster mortgage payments.

Without that money, it becomes tough to pay those notes.

The NFL will appeal the ruling to a higher court, but for now this is big win for the players and maybe a big hit for the fans.

A survey of a handful of players showed them to think this was important for their push.

Without that money, you can bet the owners will want a quicker resolution to these talks.

The lockout insurance -- the TV money -- was a bullet in their gun.

Now they have more empty chambers than they thought.

 

 

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Category: NFL
Tags: NFL
 
Comments

Since: Oct 19, 2006
Posted on: March 1, 2011 11:23 pm
 

Ruling big win for players -- and you

The NFL will appeal the ruling to a higher court, but for now this is big win for the players and maybe a big hit for the fans.

This is a temporary setback for the Owners. The NFL is ran by rich powerful men with connections. This gets appealed up to the highest level if necessary. Who do you think this Supreme Court is going to side with? A UNION or the Corporation? The Thomas/Scalia/Roberts hydra will save Jerry Jones bacon so the league doesn't have to capitulate before it gets to put the screws to the players.



Since: Oct 9, 2007
Posted on: March 1, 2011 11:10 pm
 

Ruling big win for players -- and you

He was referring to a revolver.  Traditionally, revolvers have either 5 or 6 chambers where bullets are placed.  That way you can shoot 5 or 6 times before reloading.Wink

Anyway, I wonder how this changes the owners' plans to lockout.  They wouldn't have access to any money they were hoping for until this decision was reversed.  So, even if there is an appeal (very probable) they would be hard pressed to lockout players while this funding was still in limbo. 



Since: Sep 17, 2008
Posted on: March 1, 2011 10:55 pm
 

Ruling big win for players -- and you

Now they have more empty chambers than they thought.

 

Pretty a gun only has one chamber..... 

The NFL will appeal the ruling to a higher court, but for now this is big win for the players and maybe a big hit for the fans.

Big hit for the fans? I think that is a good thing

That's why the ruling Tuesday that NFL owners can't have access to the $4 billion in television revenue they were expecting if thee's a lockout next season is huge
Nuff said.....


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