How the Financials Have Changed in NFL Free Agency

March 27, 2013   ·     ·   Jump to comments

Though the NFL is the one of the richest in the history of any sport, I get asked all the time what I think about the economics of football.  I do not have records to the financials of the 32 NFL teams, and this was a point of contention for players in the past bargaining round.  How could the NFLPA as a union ever have a fair negotiation with the NFL if the teams would not open their books?
What I do know is the NFL is a money-making machine, and everyone involved stands to gain from the success of the sport.
The NFLPA and NFL were able to hammer out a solid collective bargaining agreement (CBA) that will keep labor peace in the NFL through 2021.  The 10-year pact signed in 2011 rewarded the players with better benefits, less practice time and a rookie “salary cap.”
The rookie pay scale was put in place to keep players who were drafted in the top of the first round from not being able to live up to the guaranteed dollars that in previous years...

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