THE BOOK--Playing The Percentages In Baseball

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Wednesday, March 02, 2011

War chest

By Tangotiger, 11:34 AM

The TV networks gave the NFL money for televising games, even if those games cannot be televised due to lockouts. The NFL simply is saying “pay us for 5 years worth of games, and even if it’s not the first 5 calendar years, you’ll still get your money’s worth”.

That seems fine… except that guarantee can only happen if they have players. So, the NFL owners build a war chest based on the future performances of those very same players. Something sure seemed fishy. Finally, a Judge agreed:

Judge David Doty has ruled that the NFL’s agreement with the TV networks violates the CBA. There will be a hearing to determine whether there will be financial damages and to determine whether the league will have access to the money in the event of a lockout. As of today, the league doesn’t have access to the money and we’re not sure when the hearing will be.

(2) Comments • 2011/03/02 • Other Sports • Football

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THE BOOK--Playing The Percentages In Baseball

Wednesday, March 02, 2011

War chest

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