It seems the players are being asked to take less on average (per player via cap space/ roll backs) precisely because profits on average are decreasing while franchise values on average are increasing...Potatoe1 wrote:
The players aren't being asked to take less because Phoenix is losing money, they are being asked to take less because most teams are losing money and the cumulative league earnings are not very good.
no one is suggesting that revenue sharing is a fix all, but its the moral high ground. Do everything possible on all fronts, not just on the backs of the players.Increasing revenue sharing is difficult to do with out the massive TV contracts that the other sports have.
if current revenues as per forbes is to be believed then total revenue and expenses are about equal (+5 Million)Further and perhaps more importantly, there really isn't enough league wide profit to share. As noted the ROE (return on equity) for the entire league is quite low (about 4% vs around 10% for average S&P returns) when compared to other industries and things seem to be trending down in that regard under the current CBA.
That right there is a good starting point for a discussion about what the players share of HRR should be. Listening to Fehr on TSN suggests the players are willing to give back but not while MSG and MLSE and Wirtz inc. are raking it in.
no question the players would lose money they will never see again, however, you have to balance that with the continual roll backs the owners have gotten since 1995 and will continue to seek every time a CBA expires..over time that amount is going to be a lot more...Unfortunately the money the players would lose while missing 2-years of their careers would never be made up by even the most favorable CBA.
That's the bullshit they want us to believe but without the games, the whole enchilada falls apart. no games, no revenue = empty buildings means no return on investment...whats the ROE on Rogers arena withtwo years of tribute bands and tractor pulls?If the league were very healthy and the owners were making money hand over fist the players would have some leverage. But in an environment where profits are low the owners don't have all that much to lose by sitting out.
Sure its a hard pill to swallow but its the owners who are chiseling here, lets play real hardball and sort it once and for all