Yesterday, 12:15 PM
(07-23-2025, 07:57 PM)Luvnit2 Wrote: https://www.espn.com/nfl/story/_/id/45807728/packers-say-received-record-4326m-revenue-sharing
This is crazy. Cash should not be an issue to put in escrow (savings accounts) for any guaranteed deals.
I know a lot goes to the cap, salaries and benefits, but for 32 teams NFL made 32 billion last year to share.
Yep. Mikey being cash poor is an effing joke.
BTW, the national revenue ($432 mil) accounts for around 60% of their total revenue, according to the article. 432/x = 6/10 means x is $720 million in revenue. Per year.
Our adjusted cap is $290. 720-290 is $430 mil.
Look, I know we are doing improvements to the stafium. Amd we have operating expenses. And Mikey has to pay taxes (I think). And outgoing cash exceeds the cap numbers.
But $430 million is a TON of cushion. A TON.
The idea that he cannot afford to restructure Burrow (+$19 mil to cap), structured Tee & Chase to maximize space (+$11 mil to cap), sign Trey with guarantees beyond Y1 with a raise(but max cap space with a longer term), and brought in a better quality FA class with the cap savings (OF, DT, S) is just ludicrous. Absurd.
He's just a greedy old dude who cares more about hosrding wealth than winning..