Image via WikipediaSo, my prediction looks last week about be one week.
Still, the NFL for companies will be again and again in the coming days in particular, because they don't want to miss the $800 million in revenue, which the early season provides.
And on the basis of the reports, which we have been listening have on the new CBA look 2 crucial elements be a rookie wage scale and wage and payroll floors.
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ESPN reported, rookie should include the wage scale these components:
Five year contracts, with a team option for the fifth year.
-If the team option will be exercised, in the fifth year of the top 10 takes would receive a salary in the amount of the average of the top 10 Player salaries to their respective positions. The money would be guaranteed, if the option will be exercised after the third year of the contract.
-If the team option will be exercised, would in the fifth year is 11-32 a salary equal to the average annual number of no. 3-25-salaries at their respective positions get. The money would be guaranteed, if the option will be exercised after the third year of the contract.
And the biggest change is to earn the amount of guaranteed first-round draft picks, which probably will be reduced by about 50%. M are about $275. If you don't think that's a big deal monetarily think again.
A review of this website indicates that together around $550 2010 paid NFL teams M in guaranteed money for first-round draft picks. According to our previous calculations, football, to finance these payments almost 3 weeks would take all the revenue from the previous season.
This is a huge gamble for team executives to take and a King's ransom for players who can ultimately never pan out to get. Sam Bradford of the St. Louis Rams and Ndamukong Suh Detroit Lions alone received $50 and $40 M in guaranteed money in 2010 as the top 2 picks. That was almost 1/6th of the entire pool of guaranteed money, was the first-round picks! Fortunately are for these teams, those investments likely pay in the long term based on early returns.
But the new system makes rookies earn their keep (as she should), and much less Alka-Seltzer for executives in the past risked her career by investing millions in later flops means.
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Any system that gets significant revenue share must also impose "Wage and payroll of floors", so that teams invest lower sales 'shared money' in her team are again, instead of pocketing the money. Each professional sports league with significant revenue sharing pay and payroll floors should have from the perspective of justice.
Do you hear me, major league baseball?
That was NFL CAP to $123 million in 2009 and 2010 was an uncapped season, these work negotiations in advance. According to John Clayton of ESPN not only is that new CBA to fall back a cap at $120 million (actually on $141 M, but $21 M strictly associated with benefits is), but it will probably force teams, more than 90 percent of the salary cap in cash at any time set. That would mean $108 M for the season 2011.
Based on this list of wage and payroll team at the start of the season 2010, have looks like Tampa Bay, Kansas City, Jacksonville, and Arizona take some issues in the next few weeks.
Spend it smart remains to be seen.
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Are you ready for some Football…transactions?
You better Be…because the next 2 weeks is how feel pro football version of the frivolous franchise.
Except instead of Vin Diesel, Paul Walker and a bevy of babes, it is Logan Mankins, Vincent Jackson and a bevy of beasts, which can be always ready to give what they seem American sports fans without life.
With rookie wage scales and wage- and salary levels in place, the existing system for the hunt for Super Bowl glory is much more effective and equitable than in recent memory.
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Dr. Patrick Rishe is an associate professor of Economics at the Walker School of business at Webster University in St. Louis, as well as Director of sports impact.
Follow Patrick on Twitter @ SportsDocRock or visit www.patrickrishe.net
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