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Thread: Owners Take Money from Employees

  1. #1
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    NFL Owners - Cutting Employee Pay

    Interesting take on pay cuts being forced on NFL employees by the owners. Until the season is delayed, they don't lose a dime. Some owners are hitting their employees pretty hard.

    [B]Pay Cuts Starting To Hit NFL Front Offices [/B] by One.Cool.Customer on Mar 17, 2011 6:30 AM CDT in Dallas Cowboys News
    [url]http://www.bloggingtheboys.com/2011/3/17/2055789/pay-cuts-starting-to-hit-nfl-front-offices[/url]


    On Wednesday the Arizona Cardinals became the latest team to announce salary cuts for their front office personnel. According to an ESPN report, the Cardinals' staff will have to take a 35% pay cut. The report says that the Cardinals might refund that money if no games are missed, but if even one game is missed, the organization is under no obligation to refund any of the money.

    The Bills have established a program of cuts that "focuses on shared sacrifice." No overall figure was released, but it was announced that the percentage of the cut will be based on salary, with the highest-paid employees receiving a larger cut in pay.

    The Jets implemented a 25 percent pay cut immediately after the lockout announcement on Saturday, which they'll augment with mandatory staff furloughs. Like the Cardinals, the Jets will reimburse these salary cuts to their employees if no season games are lost, but they also have an escalator in the staff contracts: if the lockout lasts three months, then the salaries could be cut by 50%.



    The Green Bay Press-Gazette reports that while the Packers have not reduced any salaries yet, the club announced that it has frozen hiring and salaries and that plans are in place for "sizeable salary cuts" at higher levels within the franchise.

    A report by the San Diego Union Tribune indicates the Chargers have also taken immediate pay cuts, but that team officials have declined to comment on the pay cuts as the NFL has instructed all personnel to avoid talking about anything related to the lockout.

    The Raiders will cut coaches salaries by 33% and increase that figure to 50% after three months, the 49ers start with a 20% cut and would also escalate to 40% after three months, according to the DMN.

    And these are just the teams a quick Google search showed were going to reduce their employee benefits. Most teams are expected to cut coaching salaries in a prolonged lockout, and even the league offices have cut salaries: NFL Commissioner Roger Goodell and NFL general counsel are slashing their salaries to $1 per year from their respective salaries of $10 million and $5 million respectively. Other employees of the NFL, including NFL Network and NFL.com, will have their salaries reduced anywhere from 5-25%.

    The DMN writes that the Cowboys coaching staff is the envy of the NFL, as they will likely not have to take any pay cuts:

    The coaches work for an organization that does not scrimp on their salaries and will not penalize them if a lockout begins as soon as Friday evening. The Cowboys' coaches will not take the financial hit many of their peers will during a lockout.

    Joining the Cowboys in protecting their coaching staffs (for now) are the Bears, Broncos, Dolphins, Giants, Ravens, Seahawks and Steelers, all of whom are among the teams not expected to cut coaching salaries any time soon

    What's remarkable about all these salary cuts, forced furloughs and other cost saving activities is that at this point, no team is actually losing any money. The players get their salaries in 17 game-day pay cheques over the course of the season, and team finances will not take a significant hit until the first game is canceled. Yet some owners see fit to take money out of their employees' hands.

    You can always argue that it's good business practice to keep costs under control and anticipate a revenue decline early on. You could also argue that most employees signed contracts which already contained lockout clauses, so they knew what they were getting into. And an argument can also be made that these cuts are just temporary, and that most employees will be reimbursed once the lockout ends.

    You can spin it any way you want, but at the end, it is a simple money grab by some of the owners at the expense of their employees that leaves a very bad aftertaste. After all, while the players are locked out, and therefore don't receive any pay, the coaching staffs and other front office employees continue to work - but they're the ones getting a pay cut.
    Last edited by Digetydog; 03-19-2011 at 04:40 PM.

  2. #2
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    [QUOTE=Digetydog;3983856]You can always argue that it's good business practice to keep costs under control and anticipate a revenue decline early on. You could also argue that most employees signed contracts which already contained lockout clauses, so they knew what they were getting into. And an argument can also be made that these cuts are just temporary, and that most employees will be reimbursed once the lockout ends.[/QUOTE]

    This.

  3. #3
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    This is just poor taste by some of these teams.

    If the Giants, Cowboys, Steelers, etc. are not cutting salary, why should anyone? They haven't lost anything!

    Greedy bastards.

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    Classy

  5. #5
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    Shock Doctrine. Never let a good crisis go to waste.

    Bastards.

  6. #6
    [QUOTE=Digetydog;3983856]Interesting take on pay cuts being forced on NFL employees by the owners. Until the season is delayed, they don't lose a dime. Some owners are hitting their employees pretty hard.

    [B]Pay Cuts Starting To Hit NFL Front Offices [/B] by One.Cool.Customer on Mar 17, 2011 6:30 AM CDT in Dallas Cowboys News
    [url]http://www.bloggingtheboys.com/2011/3/17/2055789/pay-cuts-starting-to-hit-nfl-front-offices[/url]


    On Wednesday the Arizona Cardinals became the latest team to announce salary cuts for their front office personnel. According to an ESPN report, the Cardinals' staff will have to take a 35% pay cut. The report says that the Cardinals might refund that money if no games are missed, but if even one game is missed, the organization is under no obligation to refund any of the money.

    The Bills have established a program of cuts that "focuses on shared sacrifice." No overall figure was released, but it was announced that the percentage of the cut will be based on salary, with the highest-paid employees receiving a larger cut in pay.

    The Jets implemented a 25 percent pay cut immediately after the lockout announcement on Saturday, which they'll augment with mandatory staff furloughs. Like the Cardinals, the Jets will reimburse these salary cuts to their employees if no season games are lost, but they also have an escalator in the staff contracts: if the lockout lasts three months, then the salaries could be cut by 50%.



    The Green Bay Press-Gazette reports that while the Packers have not reduced any salaries yet, the club announced that it has frozen hiring and salaries and that plans are in place for "sizeable salary cuts" at higher levels within the franchise.

    A report by the San Diego Union Tribune indicates the Chargers have also taken immediate pay cuts, but that team officials have declined to comment on the pay cuts as the NFL has instructed all personnel to avoid talking about anything related to the lockout.

    The Raiders will cut coaches salaries by 33% and increase that figure to 50% after three months, the 49ers start with a 20% cut and would also escalate to 40% after three months, according to the DMN.

    And these are just the teams a quick Google search showed were going to reduce their employee benefits. Most teams are expected to cut coaching salaries in a prolonged lockout, and even the league offices have cut salaries: NFL Commissioner Roger Goodell and NFL general counsel are slashing their salaries to $1 per year from their respective salaries of $10 million and $5 million respectively. Other employees of the NFL, including NFL Network and NFL.com, will have their salaries reduced anywhere from 5-25%.

    The DMN writes that the Cowboys coaching staff is the envy of the NFL, as they will likely not have to take any pay cuts:

    The coaches work for an organization that does not scrimp on their salaries and will not penalize them if a lockout begins as soon as Friday evening. The Cowboys' coaches will not take the financial hit many of their peers will during a lockout.

    Joining the Cowboys in protecting their coaching staffs (for now) are the Bears, Broncos, Dolphins, Giants, Ravens, Seahawks and Steelers, all of whom are among the teams not expected to cut coaching salaries any time soon

    What's remarkable about all these salary cuts, forced furloughs and other cost saving activities is that at this point, no team is actually losing any money. The players get their salaries in 17 game-day pay cheques over the course of the season, and team finances will not take a significant hit until the first game is canceled. Yet some owners see fit to take money out of their employees' hands.

    You can always argue that it's good business practice to keep costs under control and anticipate a revenue decline early on. You could also argue that most employees signed contracts which already contained lockout clauses, so they knew what they were getting into. And an argument can also be made that these cuts are just temporary, and that most employees will be reimbursed once the lockout ends.

    You can spin it any way you want, but at the end, it is a simple money grab by some of the owners at the expense of their employees that leaves a very bad aftertaste. After all, while the players are locked out, and therefore don't receive any pay, the coaching staffs and other front office employees continue to work - but they're the ones getting a pay cut.[/QUOTE]

    i can't see the good that comes out of this other than shared sacrifice signal to the players.

  7. #7
    [QUOTE=Digetydog;3983856]Interesting take on pay cuts being forced on NFL employees by the ownersYou can spin it any way you want, but at the end, it is a simple money grab by some of the owners at the expense of their employees that leaves a very bad aftertaste. After all, while the players are locked out, and therefore don't receive any pay, the coaching staffs and other front office employees continue to work - but they're the ones getting a pay cut.[/QUOTE]

    Or this.

  8. #8
    What people need to remember is that the owners are taking the largest salary cut. It doesn't matter about the percentage cut employess are taking. The owners still have to pay the salaries with NO revenue coming in. It's essentially all coming out the owners pockets from profits past.

    Also, don't forget that assuming this lockout lasted a long time, the owners will still need money in their pockets to get the organization going again when/if the lockout ended.

    It's essentially the same kind of predicament the employess will be in only with much larger possibility for losses/gains.

  9. #9
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    [QUOTE=Mainejet;3984189]What people need to remember is that the owners are taking the largest salary cut. It doesn't matter about the percentage cut employess are taking. The owners still have to pay the salaries with NO revenue coming in. It's essentially all coming out the owners pockets from profits past.

    Also, don't forget that assuming this lockout lasted a long time, the owners will still need money in their pockets to get the organization going again when/if the lockout ended.

    It's essentially the same kind of predicament the employess will be in only with much larger possibility for losses/gains.[/QUOTE]

    While I understand part of your argument, I have to disagree with it. Under the current CBA (which the owners rejected - not the players) and the current TV package, the owners had pleanty of money coming in. They gave it up and started the lockout.

  10. #10
    [QUOTE=Mainejet;3984189]What people need to remember is that the owners are taking the largest salary cut. It doesn't matter about the percentage cut employess are taking. The owners still have to pay the salaries with NO revenue coming in. It's essentially all coming out the owners pockets from profits past.

    Also, don't forget that assuming this lockout lasted a long time, the owners will still need money in their pockets to get the organization going again when/if the lockout ended.

    It's essentially the same kind of predicament the employess will be in only with much larger possibility for losses/gains.[/QUOTE]

    I agree with you, but the key thing to remember is that the owners elected to bring this upon themselves at the height of their success.

  11. #11
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    nfl clubs have not lost any money yet, have not missed any games yet. no need to do this yet.

  12. #12
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    It is stories like these that lead me to believe the owners are expecting a long lockout. They are planning now, in March, for no football in July for training camps. Carrying that thought forward, they don't expect the season to start on time either.

    Prudent business practice? Probably. Tipping their hand as to their thoughts on the future? Probably.

  13. #13
    [QUOTE=rgoltsch;3984230]It is stories like these that lead me to believe the owners are expecting a long lockout. They are planning now, in March, for no football in July for training camps. Carrying that thought forward, they don't expect the season to start on time either.

    Prudent business practice? Probably. Tipping their hand as to their thoughts on the future? Probably.[/QUOTE]

    Or is it possible that its more of a show to make the PLAYERS think theyre getting ready for long lockout, and therefore won't give in to any demands...

  14. #14
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    [QUOTE=Mainejet;3984189]What people need to remember is that the owners are taking the largest salary cut. It doesn't matter about the percentage cut employess are taking. The owners still have to pay the salaries with NO revenue coming in. It's essentially all coming out the owners pockets from profits past.[/QUOTE]

    Isn't this the same as any offseason? :confused:

  15. #15
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    [QUOTE=Mainejet;3984189]What people need to remember is that the owners are taking the largest salary cut. It doesn't matter about the percentage cut employess are taking. The owners still have to pay the salaries with NO revenue coming in. It's essentially all coming out the owners pockets from profits past.

    Also, don't forget that assuming this lockout lasted a long time, the owners will still need money in their pockets to get the organization going again when/if the lockout ended.

    It's essentially the same kind of predicament the employess will be in only with much larger possibility for losses/gains.[/QUOTE]



    Jets season Ticket holders have been invoiced for 2011 and are required to make payment by April 1.

    Money is coming in

  16. #16
    [QUOTE=rgoltsch;3984230]It is stories like these that lead me to believe the owners are expecting a long lockout. They are planning now, in March, for no football in July for training camps. Carrying that thought forward, they don't expect the season to start on time either.

    Prudent business practice? Probably. [B]Tipping their hand as to their thoughts on the future? Probably.[/QUOTE][/B]

    this might work in their favor as the players might see them getting ready for a long lock out and might be more willing to cave....what can the players do? Move back home, cut out the spending?

  17. #17
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    [QUOTE=beemer;3983910]Shock Doctrine. Never let a good crisis go to waste.

    Bastards.[/QUOTE]

    You are so right!!!

    Hmmmm I wonder just how many posters out here are aware of the reference in your Post to Naomi Klein and her insightful book "Shock Doctrine" and the inevitable ramifications therein.

    A far more vitriolic polemic on that type of thing, but one which I think you would enjoy is “The TeleScreen” by Jeffery Grupp, pick it up I think that you would like it!!!

    Oh yes, the Owners, they are GREEDY!!!!

    Good Grief!!!:eek:

  18. #18
    [QUOTE=tedtedthefootballhead;3984215]nfl clubs have not lost any money yet, have not missed any games yet. no need to do this yet.[/QUOTE]

    Yet. I'm sorry, but if I'm a business owner, and I see a boat load of lost revenue just over the horizon, I take action now. It sucks for the employees, but it is nothing that doesn't happen in the real world.

  19. #19
    [QUOTE=OrangeJet;3984786]Yet. I'm sorry, but if I'm a business owner, and I see a boat load of lost revenue just over the horizon, I take action now. It sucks for the employees, but it is nothing that doesn't happen in the real world.[/QUOTE]

    Your right. But let me ask your opinion as a business owner.

    Would you shut down your business at the height of its success? Would you risk an anti-trust case with a judge that hates your guts after just losing an anti-trust case?

    I think the lock out is a very high risk move by the owners motivated by greed.

  20. #20
    [QUOTE=Digetydog;3983856]Interesting take on pay cuts being forced on NFL employees by the owners. [B]Until the season is delayed, they don't lose a dime.[/B] Some owners are hitting their employees pretty hard.[/QUOTE]

    False. What do you think this is doing to their advertising revenue, sponsorships and sales?

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