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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 ...
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Join Date: May 2010
Posts: 101
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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 |
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