DeMaurice Smith, NFL Revenue sharing, and redistribution of wealth
DeMaurice Smith, NFL Revenue sharing, and redistribution of wealth
Smith and the NFLPA believe that the union has a say in decisions about NFL Revenue sharing. They do not. The distribution of league revenues is strictly a league function beyond the issue of how much the players get off the top. Remember that the NFL is a 10 Billion dollar a year industry so little percentages mean a lot.
Last week in preparing for the NFL meetings, a couple of owners suggested that the NFL business model is out of date. They are right but not for the reasons they think. When the league or an owner talks about changing the business model, they are really talking about changing the formula by which the TV, apparel, and other blocks of revenue are divided. Right now the league splits about 70% of that pool of money evenly with all 32 teams. Big dollar owner believe that percentage should be reduced so that the teams generating the most money would get to keep more of it. Oddly enough, the low revenue teams don’t think that is a good idea.
How much of a problem is the issue of redistribution of wealth? Reportedly, … Read more at FryingPanSports