Angry Millionares do a smart thing

Posted: February 20, 2011 in Sports
Tags: ,

Being that football isn’t baseball I have very little interest or coinage involved if they bother to play a season or not next year, but I was rather surprised to read this story:

The NFL and its players’ union agreed to federal mediation Thursday in an effort to help settle the labor dispute that is threatening to lead to a lockout of players in as little as two weeks.

This is such a wise and sensible move that I’m totally shocked that the players and owners managed to do it. The amount of revenue generated by football is incredible and there is no reason why these two sides can agree to an acceptable split that keeps them both rich.

I assumed the NFL would do something stupid to threaten the money pot, it might still happen but for now they just might have figured out that quibbling over millions while people are hurting is bad PR.

Comments
  1. Proud2Serve says:

    Both sides likely realize they are already overpaid. The market does NOT support either the playes’r salaries or the owners’ revenues. Proof? Every franchise repeatedly turns to the taxpayer to purchase their infrastructure. What other business gets away with this? In this economy, the taxpayer cannot afford it.

    All professional sports are guilty in this fleacing. And no, I do not think any city gets back hundreds of millions of dollars in taxpayer welfare to millionaires through hot dog sales and parking fees. A normal “loan” or “investment” of this type would come with interest payments or revenue sharing for the one providing the money.

    I love football, but it disgusts me to see the players and owners laugh all the way to the bank at the cost of host city taxpayers. Get over it and get back to work!