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Union wants more financial information than NFL has offered
The NFL and the NFL Players Association commenced their 14th day of labor talks Wednesday morning at the Federal Mediation and Conciliation Service building on the heels of their longest session, a 9½-hour meeting on Tuesday.
On Tuesday, the NFL made an offer for more financial transparency and it was rejected by the NFLPA. The dispute comes down to the inability of the sides to agree on what should and shouldn't be available to the union, putting the ongoing negotiations in peril.
According to league and union sources, the NFL offered the NFLPA top-line info -- an aggregate of profitability over a five-year period at the league level. The union pushed for more information at the individual club level, and the NFLPA's belief is having the numbers for each of the 32 teams is vital to justifying the additional cost credit the NFL is looking for, because that data contains financial information very specific like stadium and overhead costs.
The NFL currently receives a $1 billion cost credit from the NFLPA and has asked for more to "grow the game" as part of this negotiation. The league initially asked for an addition $1 billion, but has come down on that figure since.
Additionally, the NFL offered to illustrate the effect of economic conditions, the number of clubs who have experienced a shift in profitability over the aforementioned five-year period, 2005-09, and a third-party auditor to assess all information..........
Read more @ http://www.nfl.com/news/story/09000d...e=HP_headlines
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