Register All Albums FAQ Community Experience
Go Back   New Orleans Saints Forums - blackandgold.com > Main > Saints

I just got a tweet from Heath

this is a discussion within the Saints Community Forum; Soo all the owners have to do to fire a player is to "pay off his contract"??? Oh really??? How much do you think Reggie is going to collect on his $11.8 million "Contract"... The owners can terminate a player ...

 
 
LinkBack Thread Tools Display Modes
Prev Previous Post   Next Post Next
Old 03-13-2011, 03:33 PM   #12
100th Post
 
Join Date: May 2010
Posts: 101
Soo all the owners have to do to fire a player is to "pay off his contract"??? Oh really??? How much do you think Reggie is going to collect on his $11.8 million "Contract"... The owners can terminate a player anytime they want to without honering the contract they signed....

I am normally pro-business but in this situation I come down on the side of the players... The owners do not carry the same risk most business owners carry while the players carry extraordinary risks...

How do I say that? The owners are in a business where their source of revenue is virtually all guaranteed. The network share is guaranteed. Sure some have unsold seats but as a percent of their overall revenue that is very small. Then the largest cost, players salaries is FIXED at 60% of their revenues... Man I would take that deal, guaranteed revenues and my largest cost fixed at a percent of revenues every day and twice on Sunday...

If the owners are losing money I would suggest it is due to their own extravagence... Jerrah has a huge nut because he decided he needed 1 billion and a half palace to his ego? Whose fault is that? When Benson was pleading poverty to the state a few years ago, it was found he was expensing his own personal yacht against the Saints books....

So the players should agree to a cut because of jerrah's palace and Tommy's yacht? I would think not.... Now if thats not what is happening.. If their cost of business, real business, is eating into their 40% of the huge pie, then I think they have to show a bit more than audited financial statements. I read those for a living and I can tell you, audited financial statements tell you nothing about what the costs of the business really is
nevergiveup3 is offline  
 


Posting Rules


All times are GMT -5. The time now is 06:10 AM.


Copyright 1997 - 2020 - BlackandGold.com
no new posts