05-01-2017, 03:49 PM
From a 2011 article:
"When NFL owners read the opposing defense, they see an obvious soft spot in the line: the free-spending, high-living ways of more than 20 percent of the league’s players.
Though a lockout has been threatened for years — and despite an apparent rise in the number of football stars safeguarding their millions — roughly 380 of the NFL's near 1,700 players still live paycheck to paycheck, according to financial experts familiar with the league.
“Therein lies the leverage these owners have to potentially use as an excuse to force the Players Association … to sneeze first,” said Reggie Wilkes, a 10-year NFL linebacker and now a financial adviser who preaches “lifestyle management” to more than 20 NFL clients. “If (union chief) DeMaurice Smith doesn’t have guys saving their money, it’s going to be difficult for them to withstand a potential lockout.”
With one of the strongest unions 1/4th of players living paycheck to paycheck w/in the last decade. Kind of interesting...
In 2016 the average NFL team was worth 2.3 billion dollars according to Forbes.
Roger Goodell is earning north of $40 million per year. No wonder he hugs those players so warmly at the draft podium.
Getting figures on expenditures for the league, "a non-profit," is tough, but their marketing budget must be astronomical. And yet they still have an image problem. Hmmm, wonder how it could be they could collect millions from the US military for patriotic displays, spend tons on marketing their brand, make billions, and still have an image problem.
"When NFL owners read the opposing defense, they see an obvious soft spot in the line: the free-spending, high-living ways of more than 20 percent of the league’s players.
Though a lockout has been threatened for years — and despite an apparent rise in the number of football stars safeguarding their millions — roughly 380 of the NFL's near 1,700 players still live paycheck to paycheck, according to financial experts familiar with the league.
“Therein lies the leverage these owners have to potentially use as an excuse to force the Players Association … to sneeze first,” said Reggie Wilkes, a 10-year NFL linebacker and now a financial adviser who preaches “lifestyle management” to more than 20 NFL clients. “If (union chief) DeMaurice Smith doesn’t have guys saving their money, it’s going to be difficult for them to withstand a potential lockout.”
With one of the strongest unions 1/4th of players living paycheck to paycheck w/in the last decade. Kind of interesting...
In 2016 the average NFL team was worth 2.3 billion dollars according to Forbes.
Roger Goodell is earning north of $40 million per year. No wonder he hugs those players so warmly at the draft podium.
Getting figures on expenditures for the league, "a non-profit," is tough, but their marketing budget must be astronomical. And yet they still have an image problem. Hmmm, wonder how it could be they could collect millions from the US military for patriotic displays, spend tons on marketing their brand, make billions, and still have an image problem.
JOHN ROBERTS: From time to time in the years to come, I hope you will be treated unfairly so that you will come to know the value of justice... I wish you bad luck, again, from time to time so that you will be conscious of the role of chance in life and understand that your success is not completely deserved and that the failure of others is not completely deserved either.
