05-26-2011, 04:10 PM
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#11
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Franchise Player
Join Date: Mar 2007
Location: Virginia
Posts: 7,766
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Re: 8th Circuit Court Grants Stay, Lockout Continues
Interesting:
NFLLabor.com If it’s a history lesson you want… «
NFLLabor.com FACT CHECK: DeMaurice Smith at the University of Virginia’s Darden School of Business «
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Quote:
FACT: The NFL publicly released its proposal to the players on March 11. We offered to show the union five years (2005-2009) of year-by-year league-wide operating profits based on audited club reports reviewed and confirmed by Deloitte & Touche. We offered to show the union the number of clubs that had declines in operating profits from 2005-2009, and by how much on a cumulative basis, again based on audited financial statements. We offered the NFLPA the ability to review Deloitte’s work. We also offered to give five years (2005-2009) of audited individual club financial statements to a third-party accounting firm to verify for the union the profitability data provided to the union. And there were no conditions put on the information offered, meaning that they could have asked for more. But the union’s concern was giving up its public relations position. As linebacker Hunter Hillenmeyer wrote in an NBC Chicago blog post on April 1, “It’s true, the NFL did offer some financial info towards the end of mediation. We rejected it, not because nothing is better than something, which it is not, but because the perception would then be that we got what we needed.”
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