2/14/11

DRST Films Presents: NFL Labor Issues -- Revenue Split Debate

Ok, so I lied.

I could not get the film uploaded, so you won't hear my John Madden impression. Instead, I uploaded pictures of my pie charts and will explain them to you in written form.

(This just in -- the NFL has filed a complaint about the players' union to the National Labor Relations Board).
Under the current collective bargaining agreement, the owners get a $1 billion credit out of the $9 billion in revenue. Of the remaining $8 billion, the players get 60 percent, or $4.8 billion.

This means, including the credit, the owners get $4.2 billion. Hence, they are the ones who are threatening to lock out the 2011 NFL season.

 The players' proposal for the new CBA calls for no credit given to the owners.

Instead, the players and the owners will each get half of the $9 billion in revenue. This would actually increase the owners' cut to $4.5 billion.

But that's not enough. Here's their proposal...
Under this proposal, the owners would get a $2 billion credit, double what they got from the current CBA.

Of the remaining $7 billion, the players and owners would split it 50-50. Therefore, the players would get $3.5 billion and the owners, including the credit, would receive $5.5 billion.

Hopefully in their meeting(s) later this week, the NFL and NFLPA can meet somewhere in between these proposals. Otherwise, we could see a lockout that cancels at least part of this season.

If that happens, then we'll see...
Now if you'll excuse me, all this looking at pies has made me hungry. Maybe for some Turducken pot pie.

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