$0 - They make their money when they sell the team.
$10 M max. Similar to players on their second contract
$10 - $20 M. Like a top line veteran player
$20 - 30 M. As much as the highest paid players
$30 - 40 M. A bit more than the top players
$40 M+. Its a huge investments in a wildly successful business. A solid return is deserved.
I would love to make $10 million for just one year. I wouldn't even care if my owners were making $400 billion per month. Say 75% of that $10 million went to taxes. I could still invest the $2.5 million and live off the interest for the rest of my life with no other paychecks. <sigh> To dream...Originally Posted by swede
No longer the member of any fan clubs. I'm tired of jinxing players out of the league and into obscurity.
What's fair for the players who go out there and risk their bodies and in extreme cases, lives? It's not an easy negotiation. There are billions of dollars every year. However it gets split, everyone is rich. Just how to split it is the tough part.
It is really no different than than thousands of other jobs with a much higher risk than an NFL player has. Miners, loggers, firemen, policemen, farmers have much greater risks of death, and many are physically as broken down in the end as are NFL players.
Generally, a worker is paid what is necessary to find qualified people to do the job. Even though it is really no different than other jobs, major pro-sports have gotten themselves in trouble by defining a sort of "partnership" where labor (players) are treated like a co-owner. Sometimes that works in the regular world too, and sometimes it breaks down.
Last edited by Patler; 03-15-2011 at 04:22 PM.
If an NFL team is worth 600 million (http://wiki.answers.com/Q/How_much_d...NFL_teams_cost - I know this isn't research, it was the first article I could find on a 5 second google search) and they make a yearly profit of just 5% that is about 30 million. I know absolutely nothing about what should be expected to be made in regards to percentages in businesses but I would think a profit of 5-10% of what it is worth yearly sounds about right. So a team like the Vikings worth 600 million should expect a yearly profit anywhere from 30 million to 60 million.
http://www.usatoday.com/sports/footb...finances_N.htm Packer profits went from 34 million to 20.1 to 9.8 million. Someone with $600 million to invest would certainly target a 10% return and would be considered a lousy manager if they only got 5% so something in the $60-30 million range should be considered reasonable. If the owners were to increase their share by the $500 million that has been recently proposed, that would increase earnings per team by about $15 million a year and would get the Packers into the range that should be considered reasonable.
As I said above. 10% is not enough return to get me to put in the work. Reassess and try again.
I don't hold Grudges. It's counterproductive.
Here's a better source for the value of NFL teams. Forbes does this list yearly: http://www.forbes.com/lists/2010/30/...ions_Rank.html
The top 16 NFL teams are worth a billion or more. The least valuable team is $725 million. So your 600 million number is a significant underestimate.
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The deal breaker here is that, bottom line, the players themselves are employees. Since when do employees have the right to dictate how much their Employer makies? They don't. Their employer pays players very well for what is what, an average life expectancy in the nfl of 8 seasons?
I mean, you get retirement money, help with some of the medical costs - oh and you make MILLIONS when you do play, usually far more money than the rest of the world is going to make in their lifetimes. Not only that, smart people reinvest a lot of their money and own a couple successful restaurants or whatever so they have continual income after they retire.
So, why do the players even have a say? Because it's an allowed Monopoly? They can ask for more of the pie all they want, but the owners own the team because it makes them money. A lot of money. If they weren't making a lot of money, why would they bother to keep the team?
Yes, Owners may make like 100+ million dollars in profit a year. What's the problem? The players aren't exactly poor. Even the bottom feeders on the roster nad practice squade are making what some DOCTORS make, and last I checked Doctors are considered a upper echelon income source in most communities.
What this is like is Microsoft staff revolting against Bill Gates because he makes a shit ton more money thatn they do. Guess what, he should. It's HIS business, not THERES. If players wnat to complain about money and getting paid more, they can go sit out. There are thousands of people who will step in and play in the nfl for 100k a year with full medical coverage. Players make millions, and then if they become stars even more from investors and companies like gatorade and nike.
The salary cap goes up every year, even if the income may not be rising. So, more money continually was going to payroll. What's the real issue in the end? Owners are going to make a lot of money. That is why they are the owners. Players ALREADY make a lo tof money. "they profit too much off our work". BS. You're paid very well so they can in turn make money from THEIR business. Your an employee - deal with it.
No idea how AP can bitch at all. He should be making a lot of money. I don't get how any of the star players complain.
Why should I start a business, risk my capital, burn out my mind for 5% when I can invest in condos and make 7%? You have a skewed idea of what a business should make. In fairness to you, you admitted as much, right before imposing judgement on what sounds about right. Try 20% or more. Definately more if you incurred debt to build said business.
I don't hold Grudges. It's counterproductive.
I think this is incredibly key. Too few people are pointing this out. The owners who have invested heavily in a team, I think, should be making way more than the top employees.
No longer the member of any fan clubs. I'm tired of jinxing players out of the league and into obscurity.
It's their choice; all of life is a choice for employees. If they don't want to make that risk for the absurd amount of money they get, then they can choose to get different jobs.
LIFE IS ABOUT CHAMPIONSHIPS; I JUST REALIZED THIS. The MILWAUKEE BUCKS have won the same number of championships over the past 50 years as the Green Bay Packers. Ten years from now, who will have more championships, and who will be the fart in the wind ?
You say this...but how many players retire in their prime satisfied with the money they have earned. I back the players in their attempt to get every penny they can within the rules. I don't back them involving federal courts to help them. They can sit. They can form their own league. They can go sell real estate. What they can't do in my opinion is force an employer to pay more than the employer wishes to pay.
I don't hold Grudges. It's counterproductive.
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