NFL | To end $100 million in revenue sharing
Mon, 07 Dec 2009 07:39:48 -0800
Chris Mortensen, of ESPN, reports the NFL has notified the players' union that effective in March, owners will pull the plug on the $100 million-per-year revenue-sharing program that has subsidized lower-revenue clubs, according to multiple sources. By Tuesday, Dec. 8, the NFL Players Association will challenge the move with an NFL arbitrator, claiming owners can't terminate the revenue-sharing model without the union's approval because it was adopted into the 2006 labor agreement, which doesn't expire until March 2011.
This is a big deal if goes through.
Mon, 07 Dec 2009 07:39:48 -0800
Chris Mortensen, of ESPN, reports the NFL has notified the players' union that effective in March, owners will pull the plug on the $100 million-per-year revenue-sharing program that has subsidized lower-revenue clubs, according to multiple sources. By Tuesday, Dec. 8, the NFL Players Association will challenge the move with an NFL arbitrator, claiming owners can't terminate the revenue-sharing model without the union's approval because it was adopted into the 2006 labor agreement, which doesn't expire until March 2011.
This is a big deal if goes through.