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|Subject: NFL Could Lose $1 Billion w/Lock Out next year Wed Oct 13, 2010 4:25 pm|| |
http://www.ktvu.com/sports/25381230/detail.htmlCHICAGO -- The NFL reportedly could lose $1 billion if there is a lockout after the March 3 expiration of the collective bargaining agreement - even if the entire 2011 season is played.
The Wall Street Journal reported the figure Wednesday, citing unidentified senior NFL officials familiar with information presented to the 32 team owners at the league's meeting in Chicago.
The paper said the NFL could lose $400 million in March alone, when many season tickets are renewed, and another $500 million if preseason games are canceled next summer because of labor unrest.
The NFL officials also told the Journal that each team could expect to lose about $8 million for every canceled home game.
The owners opted out of the collective bargaining agreement with the players in 2008.
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|Subject: Re: NFL Could Lose $1 Billion w/Lock Out next year Wed Oct 13, 2010 4:45 pm|| |
If there is a lockout, owners will be pushing even harder for 18 game Regular seasons.
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|Subject: Re: NFL Could Lose $1 Billion w/Lock Out next year Thu Oct 14, 2010 12:11 am|| |
The point of the article isn't that they lose $1 billion if the season doesn't happen. It's that they lose a billion beginning as soon as March as advertisers make other plans.
If this crew (both sides) can't figure this out? A pox on both their houses.
|Subject: Re: NFL Could Lose $1 Billion w/Lock Out next year || |