12-16-2020, 02:05 PM
Fortunately for us, they can't use this as an excuse to shed payroll because of the cap floor that is put in place (89% of cap spent over 4 years).
Also, remember that the league is projected to cut the leaguewide cap between 5% to 12% this year. The lost revenue is built into these savings.
The 42 million in cap savings we've been seeing is with the high end of this (cap decreases over 10%) already accounted for. The "shedding of payroll" (expenses) is built in.
And don't feel too bad for the only Brown family on loss of ticket sales and concessions. Each team gets an estimated 250 million this year in TV revenue.
Source: https://www.usatoday.com/story/sports/nfl/2020/06/13/tv-money-gives-nfl-leg-up-if-fans-cant-fill-teams-coffers/111957448/
Also, keep in mind the value of the franchise (part of their net worth) has increased by 200% over the last 15 seasons. And this family has added probably around 1.5 BILLION dollars to their worth in the last 20 years.
If they try to in any way say that Covid is affecting their ability to spend anywhere then they're selling everyone a big steaming pile of BS.
Also, remember that the league is projected to cut the leaguewide cap between 5% to 12% this year. The lost revenue is built into these savings.
The 42 million in cap savings we've been seeing is with the high end of this (cap decreases over 10%) already accounted for. The "shedding of payroll" (expenses) is built in.
And don't feel too bad for the only Brown family on loss of ticket sales and concessions. Each team gets an estimated 250 million this year in TV revenue.
Source: https://www.usatoday.com/story/sports/nfl/2020/06/13/tv-money-gives-nfl-leg-up-if-fans-cant-fill-teams-coffers/111957448/
Also, keep in mind the value of the franchise (part of their net worth) has increased by 200% over the last 15 seasons. And this family has added probably around 1.5 BILLION dollars to their worth in the last 20 years.
If they try to in any way say that Covid is affecting their ability to spend anywhere then they're selling everyone a big steaming pile of BS.
