NFL, Teams Agree To Raise Debt Limits

SmashMouth · 05-13-2020, 07:55 AM

The NFL and team executives agreed on a proposal to raise the debt limits for each club by $150 million in response to the coronavirus crisis, ESPN reported Tuesday.

Sources said and agreement was reached in a conference call Monday to hike the debt limit from $350 million to $500 million for the 2020 season. Owners are expected to vote on the proposal on May 19.

Teams are expected to lose tens of millions of dollars in revenue this season if games are played inside empty stadiums due to the COVID-19 pandemic.

more here

vpheughan · 05-13-2020, 08:09 AM

They are all NONESSENTIAL.

05-13-2020, 07:55 AM	#1
SmashMouth I donated, did you? Join Date: Sep 2007 Location: Mandeville, LA Posts: 38,210 Blog Entries: 29	NFL, Teams Agree To Raise Debt Limits The NFL and team executives agreed on a proposal to raise the debt limits for each club by $150 million in response to the coronavirus crisis, ESPN reported Tuesday. Sources said and agreement was reached in a conference call Monday to hike the debt limit from $350 million to $500 million for the 2020 season. Owners are expected to vote on the proposal on May 19. Teams are expected to lose tens of millions of dollars in revenue this season if games are played inside empty stadiums due to the COVID-19 pandemic. more here Beastmode likes this.

05-13-2020, 08:09 AM	#2
vpheughan 1000 Posts + Join Date: Aug 2007 Posts: 4,525	Re: NFL, Teams Agree To Raise Debt Limits They are all NONESSENTIAL. SmashMouth likes this.
vpheughan 1000 Posts + Join Date: Aug 2007 Posts: 4,525

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