"The Books" Have Been Opened
Behind closed doors and without the presence of cameras, apparently Union President Kevin Mawawe, a handful of fellow players and a contingent of their financial people, have been quietly granted access to the team-by-team financial information they've so loudly and longly been seeking.
With this hurdle now finally out of the way, it seems the Union and the NFL are now closer than ever to restoring trust and getting a deal done once and for all. When asked about the recent breakthrough, union leader Kevin Mawae sounded uncharacteristacally optimistic and upbeat, issuing the following statement, "Having now gone through each team's private financial information and thouroughly auditing and second guessing each expenditure they've made, the union hereby concludes that the owners are trust worthy. As such, we've decided to continue negotiations and stop being such childish pricks."
Yeah OK, that's all crap. But what did you expect to happen when you first read that the books were offered up? I dare you - and I say this with a playful grin rather than a clinched fist - I dare one of you to try and argue that "opening the books" would have such an optimistic outcome. Try and tell me it would be half as pleasant. It's a trap. It's Pandora's Box.
So what's the more likely outcome?
The owners open their books. The players audit the books with their financial people (and by that I mean the players don't even look at them), specifically focusing to look for embarrassing expenses, inappropriate expenses, and expense variations between teams.
When it's all said and done, the players find what they were looking for: Seven million dollars worth of high priced escorts were jointly billed by the teams. Twelve teams had salaries improperly being paid out to family members which totaled two million dollars. Multiple teams improperly expensed family vacations to the team. Multiple teams paid for too many golf outings and dinners. Six teams gave too much money to charities. Nineteen teams paid their CEOs million-dollar salaries, and owners of all teams were taking too much money off the top.
Team X pays its beer vendor 4% more than team Y does. Team Q flies its executives commercial, while Team Z pays six times the expense with a private jet. And Team S has a perfectly good stadium that costs 1/10 of the fees Team Watchahoozits pays.
Now take all those questionable expenses. Now double them. It all accounts for a grand total of about one single percent of revenue (1%). Big Effin Whoopty Dudy. Wow, that was time well spent.
The owners - billionaire business men that generally get what they want and answer to nobody - were just bullied into showing their employees detailed private information - competitive information they share with nobody, especially not their employees and competing teams. The players just used the information to embarrass the owners. The employees then used this information to pretend they're better business men for the week - to pompously presume to teach the owners how to be better decision makers, how to run their businesses. How do you think this went over? Maybe a little like one of those escorts sitting in Church?
I feel violated just writing this crap.Don't the owners have a right to tell the players to go screw?
"Opening the books" is not the fix. It's not what they're fighting about. It means next to nothing. Most importantly, nothing good will come from it. There's no scenario where the owners are going to feel as if they hadn't been bent over and taken advantage of after the players get done "evaluating" their finances. And there's no scenario where dunce-cap-wearer Kevin Mawae and company are going to look at the books and say they were wrong all along.
The owners may eventually get bullied into opening their books or even forced to by law, but it's not going to fix anything. Instead it would just piss 'em off and slow future progress.
This is a Fan-Created Comment on MileHighReport.com. The opinion here is not necessarily shared by the editorial staff of MHR
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I honestly think the open-the-books is a false issue too, and I’m more on the players side of the issue. It’s not that I don’t think the players have a fair beef, I think they do have a fair beef. But I think the players know that this isn’t going to get resolved by actually having direct access to all the players books.
From what I’ve read, they were making progress on finding a framework for the deal that would effectively sidestep the matter, I am not sure how that worked, except that the owners were asking for 100% of the additional revenue if the NFL revenue exceeded a very conservative revenue projection.
I think the players’ issue is not so much that the owners might be spending some of this money on stupid expenses, as it is that they’re suspecting that some of these owners might have simply massively overpaid for their franchises and are looking for a bailout from the players side.
At any rate, the overall motivation behind the objection resonates with me. The players have been in a partnership the the owners – we grant you monopoly status and these powers over us, in exchange for roughly 50% of the revenue – and the owners are telling their partners that the deal doesn’t work for the owners side anymore, and quite simply, they’re just not explaining why.
I do think there’s headway to be made along the lines of some independent third party auditing firm to check the finances if necessary, and in both sides sharing the expenses for certain things that equally benefit both sides, like perhaps some stadium-related things. But they should share in the upside, too – that’s my sense if the partnership history is retained.
I’m personally very much in favor of a large portion of the players’ haul being redirected into things like helping to fund better pension plans, health insurance, etc. If NFL revenue is expected to double in the next ten years, I can’t believe that every player’s salary doubling is reasonable. But, massively increasing their pension (to protect them from bad investments) and health insurance coverage would do a LOT to help the state of the game, and would give a good PR bonus to the owners side as well.
Good stuff
I actually agree with most of that.
I think the “partnership” idea is really what this is all about. The players basically want to be equal partners with the owners as it relates to revenues. The owners are essentially OK with that so long as the players also bear some of the expense of “growing the game”.
The idea is that it costs money to make money, but only the owners are willing to invest that money and take that risk. It used to be that the owners would split like eight of the nine billion dollars in revenue. The last billion was to motivate and help to fund growth. It’s pretty much like saying I’ll take 40%, you take 40% and the other 10 is for re-investments into the game.
The owners are now saying the game is growing so fast that they need more off the top to keep that growth rate going. The players say no and think the owners want to pocket the savings. I think it’s BS, because a single stadium takes decades to pay for. In any eventt, instead of asking the owners to open their private books, they should just ask that each team has to show after each year going forward that a certain amount of money goes toward growing the game. Problem solved.
We have a starting QB and two recent first-round QBs all three on the roster; Now we're gonna reach for another 1st round QB.. a year after spending a 2nd, 3rd and 4th round pick on a QB. Yeah, you betcha.
NO
YOU WERE RIGHT. I WANT TO SEE THE PLAYERS BOOKS TO SEE WHY THEY CAN’T TAKE A PAY CUT.
/joking.
But seriously.
Draft Peterson. Elway fears him.
Players books?
Most of those dudes have spent their yearly earnings within a week of signing a new contract.
They don’t keep great books for things such as Vegas and Miami nightclubs, Lamborghini leasing dealerships and poorly conceived/planned real estate developments.
Kyle Orton is currently one of the ten most talented Denver Broncos. And that is precisely the problem and why he shouldn’t start in 2011. We are rebuilding from the very bottom so that = Tebow.
Great post Rodney
I usually don’t read CBA crap but this was pretty informative and simple enough for my Poli sci major ass to understand. Just a question: where did you get this information, do you have a link? And by info I mean like where did you see the owners gave their books to the NFLPA? I realize some of this was speculative.
If you reply to a comment/post/fanshot of mine, I will more likely then not respond to it, unless you come off like a d-bag.
unlike you though I do take this with optimism
negotiations usually take some small concessions to pick up steam, and I see this as one of those. Its definitly not going to put this thing in motion to be done by the draft, but its a start. The owners have made their move, hopefully the NFLPA will make one as well and not sit on their rumps till this becomes a huge court battle
If you reply to a comment/post/fanshot of mine, I will more likely then not respond to it, unless you come off like a d-bag.
It was all sarcasm lol
They never opened their books. I was trying to say opening them would be a no win situation
We have a starting QB and two recent first-round QBs all three on the roster; Now we're gonna reach for another 1st round QB.. a year after spending a 2nd, 3rd and 4th round pick on a QB. Yeah, you betcha.
Basically, the owners are saying they are making less money
The players are saying, why? The money you are bringing in is the highest it’s ever been. The players are saying make us understand, show us your books. The owners are saying trust us. Would you? I wouldn’t.
I get that point and you made it more efficiently and succinct than I've seen it before I think
The reason I don’t agree with it is because I see it as a non-starter. Billionaire business men are not in the habit of being forced to do anything. And even if the players find what they’re looking for, it matters none. The owners still opted out of the last agreeemnt and still want a better one. That won’t change if they open their books. Nothing gets fixed by opening their books. If anything, the owners will be forced to by the courts and they’ll be absolutely pissed and vindictive. I believe that. Truly. I think it would piss me off if my employees forced me to show them my expenses. I’d rather lose money than give in. Principles.
As to the players, they need better representation, IMO. There’s more than one way to skin a cat. The owners used to get one-billion dollars off the top so that they could grow the game. The owners are now saying that they need more to be able to keep up with the current growth rate. So instead of asking them to show their previous financials, just make them prove that the new money goes toward “growing the game”, things like stadiums, etc..
But no, to answer your question, I wouldn’t expect the players to trust them. But I also wouldn’t expect those employees to tell their employer that they’re not budging until the employer shows them all how they run their business. I would be offended. And I’ll bet the owners are offended. There are other ways to go about this.
We have a starting QB and two recent first-round QBs all three on the roster; Now we're gonna reach for another 1st round QB.. a year after spending a 2nd, 3rd and 4th round pick on a QB. Yeah, you betcha.
You can't compare the NFL to an average business or industry
It has anti-trust protection. Congress can get involved because the NFL is a monopoly. Only other pro sports are comparable. Watch what happens when the NBA CBA is up. The NBA as a whole is not making much money, there will be some changes.
The players are saying we want the last deal and the owners are saying, we can’t because we aren’t making as much money. I’m on the players side.

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