yourdomain.com Forum Index
 
 FAQFAQ   SearchSearch   MemberlistMemberlist   UsergroupsUsergroups   RegisterRegister   ProfileProfile   Log in to check your private messagesLog in to check your private messages   Log inLog in 

NFL Team Profits are Soaring, Players' Pay trailing inflatio

 
Post new topic   Reply to topic    yourdomain.com Forum Index -> Professional Football
Author Message
observer



Joined: 06 Aug 2007
Posts: 196

PostPosted: Sun Sep 09, 2007 6:51 am    Post subject: NFL Team Profits are Soaring, Players' Pay trailing inflatio Reply with quote

---

Of note, per a graphic in the following article,
NFL team operating profits have soared an
average of 21.5%, NFL coaches' salaries have
increased an average of 14%, CEOs' pay (in-
cluding bonuses, stock options and the like?)
has increased by 10%, and NFL average pay
for players has increased by a paltry 2.7%
(trailing inflation) over the last 10 years.

---
September 9, 2007

Hotter than a CEO -- NFL Coaches'
Pay First-Cla$$
http://www.nypost.com/seven/09092007/business/hotter_than_a_ceo.htm
---

Complete article:

Salaries of National Football League head coaches
are soaring, growing five times as fast as players'
paychecks and even outpacing the growth of CEO
compensation over the past 10 years, research by
The Post shows.

Led by the behemoth contracts of Mike Holmgren,
who will earn $8 million this season coaching the
Seattle Seahawks, Joe Gibbs, who will be paid
$5.7 million to revive the Washington Redskins,
and Brian Billick, who will get $5 million to guide
the Baltimore Ravens, NFL head coaches' salaries
have ballooned by an average of 14 percent a year
over the past decade.

---
http://www.nypost.com/seven/09092007/photos/biz035.jpg
---

That outshines the average 10 percent annual increase
in total CEO compensation and the meager 2.7 percent
average annual increase of players' salaries, research
shows.

Head coaches will pocket an average of $3.25 million
this season - up from $1 million in 1997 - while the
players will earn an average of $1.5 million.

"There's no question salaries have skyrocketed over
the past 10 years," said Larry Kennan, staff director
of the NFL Coaches Association - a group working on
issues affecting its members.

And deep-pocketed owners are offering up more than
boatloads of cash to snare the right coach.

"I've had two-thirds of the league's owners come down
to the [Florida] Keys and offer to make me one of the
highest-paid coaches in the league and throw in 10 per-
cent of the team's proceeds," former Dallas Cowboys
and Miami Dolphins head coach turned Fox analyst
Jimmy Johnson told The Post in an interview from his
Florida home.

"Owners would shell out millions in the past for an
offensive tackle who could get hurt and miss the entire
season. But they were reluctant to consider paying a
head coach a lot of money. Eventually, their thought
process changed and salaries began to rise steadily,"
Johnson added.

Just how dramatic has the change been? Consider this:
Johnson earned $400,000 in his first season in Dallas
in 1989. Holmgren will pocket $500,000 per *game*
this year.

Contracts began taking a massive turn in 1996 when
the NFL Coaches Association formed. That was when
Kennan and his co-workers began gathering data on
pay scales for assistant coaches, placing a higher
value on their worth.

Over the same 10-year period, the average operating
profit of each NFL team has risen 21.5 percent a year,
according to Forbes.

Other factors that significantly influenced the boom
were free agency and the salary cap, which made the
coach's job more demanding - and important.

So does Johnson feel a bit jealous over the big bucks
being shelled out?

"When you consider all the work involved, I don't
see any coach being overpaid," Johnson said. "Nor-
mal weekdays during the season can be from 5 a.m.
until 10 p.m."

"There's a lot of sacrifice, especially for the ones
with a family," he added.

"There's only a two-week vacation. The rest of the
time you're working long, long hours. I do miss the
competitive nature, but not the 14-hour days."

--- end of article ---

Archived from group: alt>sports>football>pro
Back to top
View user's profile Send private message
Ron



Joined: 26 Aug 2007
Posts: 38

PostPosted: Sun Sep 09, 2007 1:49 pm    Post subject: Re: NFL Team Profits are Soaring, Players' Pay trailing infl Reply with quote

"observer" wrote in message $0$11162$a82e2bb9@reader.athenanews.com...
>
> ---

The players get 60% of all revenue
Back to top
View user's profile Send private message
bushlyed



Joined: 06 Aug 2007
Posts: 19

PostPosted: Sun Sep 09, 2007 1:50 pm    Post subject: Re: NFL Team Profits are Soaring, Players' Pay trailing infl Reply with quote

On Sep 9, 10:49 am, "Ron" wrote:
> "observer" wrote in message
>
> $0$11162$a82e2bb9@reader.athenanews.com...
>
>
>
> > ---
>
> The players get 60% of all revenue

But they are the game

Why should they get only 60% of the revenue

I think it would be great if the players got together and formed a
collective, a true collective where they share profits
Back to top
View user's profile Send private message
observer



Joined: 06 Aug 2007
Posts: 196

PostPosted: Sun Sep 09, 2007 2:07 pm    Post subject: Re: NFL Team Profits are Soaring, Players' Pay trailing infl Reply with quote

"Ron" wrote in message
$0$17145$4c368faf@roadrunner.com...
>
> "observer" wrote in message
> $0$11162$a82e2bb9@reader.athenanews.com...
> >
> > ---
>
> The players get 60% of all revenue

And, as a result, per the following, their aver-
age pay is trailing inflation over the past 10
years, only going up 2.7%, while owner profits
are soaring, going up 21.5% over the past 10
years:

Of note, per a graphic in the following article,
http://www.nypost.com/seven/09092007/photos/biz035.jpg
NFL team operating profits have soared an
average of 21.5%, NFL coaches' salaries have
increased an average of 14%, CEOs' pay (in-
cluding bonuses, stock options and the like?)
has increased by 10%, and NFL average pay
for players has increased by a paltry 2.7%
(trailing inflation) over the last 10 years.

---
September 9, 2007

Hotter than a CEO -- NFL Coaches'
Pay First-Cla$$
http://www.nypost.com/seven/09092007/business/hotter_than_a_ceo.htm
---
Back to top
View user's profile Send private message
Eddie Wilson



Joined: 06 Aug 2007
Posts: 3

PostPosted: Sun Sep 09, 2007 2:54 pm    Post subject: Re: NFL Team Profits are Soaring, Players' Pay trailing infl Reply with quote

Are we supposed to feel sorry for millionaires? The average NFL
salary is over $2M/season. Talking about %s without actual $ figures
is misleading.
Want to be fair? Pay everyone $1M for the regular season, and put the
rest into a winner-take-all pool for the Super Bowl.
Back to top
View user's profile Send private message
bushlyed



Joined: 06 Aug 2007
Posts: 19

PostPosted: Sun Sep 09, 2007 5:34 pm    Post subject: Re: NFL Team Profits are Soaring, Players' Pay trailing infl Reply with quote

On Sep 9, 1:54 pm, Eddie Wilson wrote:
> Are we supposed to feel sorry for millionaires? The average NFL
> salary is over $2M/season. Talking about %s without actual $ figures
> is misleading.
> Want to be fair? Pay everyone $1M for the regular season, and put the
> rest into a winner-take-all pool for the Super Bowl.

Most players only play a few years and don't get compensated near that
much; many, many, many suffer permanent and debilitating injuries.

Meanwhile, in our capitalistic society (capitalistic for us), the
owners get socialism from the cities that build stadiums for them with
our tax money while bridges are falling down from neglect.
Back to top
View user's profile Send private message
travisgod



Joined: 06 Aug 2007
Posts: 3

PostPosted: Mon Sep 10, 2007 12:18 pm    Post subject: Re: NFL Team Profits are Soaring, Players' Pay trailing infl Reply with quote

> Most players only play a few years and don't get compensated near that
> much; many, many, many suffer permanent and debilitating injuries.
>
> Meanwhile, in our capitalistic society (capitalistic for us), the
> owners get socialism from the cities that build stadiums for them with
> our tax money while bridges are falling down from neglect.

You have a point.

Capitalism? The Fed is a socialist institution.

We got a big war instead of solar panels and wind turbines. So, stop
whining.

But, MY pay has trailed inflation, as has the pay of most Americans.
That is kind of the POINT of inflation, to dilute non-elite pay to
lower real costs. That's actually how shitting on your currency
produces "export competitiveness."

Trav

Back to top
View user's profile Send private message
Display posts from previous:   
Post new topic   Reply to topic    yourdomain.com Forum Index -> Professional Football All times are GMT
Page 1 of 1

 
Jump to:  
You cannot post new topics in this forum
You cannot reply to topics in this forum
You cannot edit your posts in this forum
You cannot delete your posts in this forum
You cannot vote in polls in this forum


Powered by phpBB © 2001, 2005 phpBB Group