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NFL ordered to return more than $100 million it withheld from players

this is a discussion within the NFL Community Forum; The ruling found NFL owners mischaracterized $120 million of ticket revenue in the past three years by creating an exemption which kept $50 million of salary away from players. That’s no small chunk of change. The NFLPA filed a grievance ...

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Old 02-23-2016, 01:30 AM   #1
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NFL ordered to return more than $100 million it withheld from players

The ruling found NFL owners mischaracterized $120 million of ticket revenue in the past three years by creating an exemption which kept $50 million of salary away from players. That’s no small chunk of change. The NFLPA filed a grievance back in January after they discovered the revenue when performing an audit of the league’s finances.

“They created an exemption out of a fiction and they got caught,” said DeMaurice Smith, executive director of the NFLPA.”

The NFL said the ruling was a resolution of a “technical accounting issue under the CBA,” which seems like code for ‘we tried to take more money from the players, but were caught.’


NFL ordered to return more than $100 million it withheld from players

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Old 02-23-2016, 07:40 AM   #2
 
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Re: NFL ordered to return more than $100 million it withheld from players

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