Economic No-Brainer: Players Need to Get Back to Work and Play Ball

February 25, 2011   ·     ·   Jump to comments

From a business 101 perspective, the players need to get back to work and they need to do it now. Football brings out a lot of emotions in people so it's no surprise that the dispute between the NFL and NFL-PA generates thousands of opinions drenched in animosity.
I think its time to set aside the animosity and look at this from a purely economical perspective.
A staple in the free market in the USA is that "those who take the greatest financial risk get the greatest rewards." In this case, the owners take the biggest risk, so why shouldn't the owner (of any business) be rewarded if there is success?
The business owner is the one who mortgages their lives away, hoping that hard work, due diligence in the industry and a strong product or service will eventually pay off for them financially.
This is the case in any business, so the NFL should be no different. Now, let's talk some numbers.
The 59.6 percent currently paid by NFL owners is just remuneration for the ...

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