Thursday, July 15, 2010

Interesting News that Could Effect the Next NFL CBA

The Green Bay Packers put out a financial report that give owners some evidence to support their case for a new collective bargaining agreement.

The problem with sports teams in building evidence for financial restructuring is they don't make their financial reports public. That is their right as privately held business, but since they deal with the public (and the public pays for their stadiums) it is in there interest to make these reports public.

It would go a long way to ending a CBA war that could cause a giant game of chicken, known as the lockout. However, the NHL shows a owners inevitable victor will be rather Pyrrhic.

Luckily, since the Packers are a rare public sports team the owners have an argument to make.

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