Bankers hours resume at mediation on Wednesday

At midnight Thursday, the labor agreement between the NFL and the players’ union will expire.  And so the two sides will be meeting around the clock until then, right?

Well.  No.

Albert Breer of NFL Network reports that mediation resumes Wednesday at 10:00 a.m. in D.C. It will break only a couple of hours later, between noon and 1:00 p.m. for an ownership meeting that begins at 3:00 p.m. in Chantilly, Virginia, 25 miles away.

So why bother to even have a mediation session?

Breer reports that mediation possibly will resume after the ownership meeting, but we won’t hold our breath.  The day after an adverse court ruling (Judge David Doty ruled that the league violated the CBA by incorporating “lockout insurance” into its TV deals) typically features defiance, not conciliation.  The best move by both sides would be to agree to stop the clock on the expiration of the deal for at least a week, and then to commit to constant talks aimed at resolving the labor dispute after the league has had a full and fair chance to migrate through the five stages of grief.

Though the league predictably will continue to downplay the “lockout insurance” outcome, the reality is that the league specifically beefed up network contracts to ensure that significant revenues would continue to flow into the owners’ pockets during a work stoppage.  That strategy now has been blocked, and both sides need to adjust accordingly.

19 responses to “Bankers hours resume at mediation on Wednesday

  1. Why are you still trumpeting this decision like it is a game changer? The NFL (owners) will still be able to get the same loans they had arranged from the networks from banks. You know, those institutions that exists to give loans to individuals with high net worth and a lot of assets to back to the loan. Furthermore, if the owners lockout the players they are so likely to cave before any game checks are missed that I’m not convinced the tv money would have really played a factor. The biggest outcome of this decision, in my opinion is that Doty has made his last ruling regarding the NFL.

  2. What a disaster this cba has become…

    I said it before and I’ll say it again…if the pie was only $1million there would never be a work stoppage and everyone would just love the game of football, but the pie is $9billion so money trumps the game.

    Do anyone of these ppl realize how this is going to trickle down and affect those that are just trying to get by?

    I do hope that some of the owners and players realize the financial impact (and care about it) that a lockout is going to have on the average US citizen.

  3. I love it! The scumbag owners just got caught in their own trap. They thought they were so clever and were counting on this money to take football away from us for AS LONG AS IT TOOK to break the union’s back. Losing money was just the lie they were using to justify the lockout. Why else would they be so hesitant to show the books? If they were truly losing money, opening books to the union would have been the first thing they would have done to prove their point and end the discussion.

  4. I’m certain the NFL is now enthusiastically open to an extension of the current deal for at least a week – or until they can manipulate the justice system to overturn the TV money/lockout insurance ruling, whichever comes first.

  5. I am on the owners side on this. Probably because I see first hand how useless and corrupt most Unions are. I see them protecting the worst employees while those that want to exceed are often held back.

    If the players dont like what the owners are offering, they should find a new job.

    I would like to see, more than anything a decent rookie wage scale. There is no way rookies should make as much as they do in their first few years.

  6. “The scumbag owners”. I love the civility of the thugish left.

    I also love how clueless they are and how clueless is a certain former lawyer from West Virginia. The money from the networks that was to be used in the event of a strike or a work stoppage was to be used to augment cash flow, not to keep the franchises afloat. The people this ruling will impact are not the owners, but the staffs at each of the franchises; from assistant coaches, to marketing people, to sales, to the janatorial staff. A lot of these folks will see their salaries either cut or they will be furloughed until this is all settled.

    So here we have another example of what “labor” is all about; protecting the power structure of labor at the expense of those that can really be defined as working people.

    The owners still win; the players will lose, Judge Doty aside.

  7. Can’t wait to see the greedy NFLPA rendered powerless! It’s about time! GO OWNERS! Stick to your guns!

  8. @mick

    Well said. It is clear he doesn’t get it and most of the followers on this site don’t either.

  9. Can’t we all just get along hahahaha…..Let’s see how many strikes were there before the Curt Flood ruling in Major League Sports uh NONE. After the Curt Flood ruling, Major Leagues Sports have gone to the dawgs with strikes and numnuts like Lebron, Kobe, and all the other greedy bastards players and owners. We saw baseball owners look the other way while the sport became polluted with steroids, we saw the NBA go from a team sport to a ME sport, and now we see the NFL which has enjoyed the biggest pie of them all going down the drains because of GREED, the same GREED that sucked our country down in 2007. I want the NFL of my youth where the players played their hearts out and it wasnt all about SHOW ME THE MONEY. Alas, that league is dead as this one will soon be if they dont get it done NOW. It’s a FREAKING GAME, people will find other things to do and save and spend their money on other things…then Jerry Jones can sit in his big ass Stadium alone when the bank comes to foreclose. Both sides are at fault. JUST PLAY FOOTBALL IDIOTS!!

  10. If we miss one minute of the 2011 NFL season, this is one of the things I’m really going to need an explanation on.

    I mean, they stop talking on a Thursday and reconvene on a Tuesday!?!

    4-day weekends? Really?!

    I’m sure they’re not all just going to the beach Friday-Monday, but it’s still ridiculous. I know that both sides need time to work on things outside of the meetings, but there’s clearly a lack of urgency here.

    Every NFL fan would love it if Smith and Goodell said, “we’re locking ourselves in a room and not coming out until we have a deal”, yet they’re doing the exact opposite of that.

  11. fin72 says: Mar 2, 2011 7:50 AM

    “Losing money was just the lie they were using to justify the lockout. Why else would they be so hesitant to show the books? If they were truly losing money, opening books to the union”

    That’s kind of the whole point in this mess.
    None of the owners arelosing money.
    They’re just not making as big a profit as they used to.
    That’s why they use terms like “decreasing revenues” instead of “losses”.

    Going back to last season, the Packers (one of the smallest market teams) posted an operating profit of $9.8 million in the fiscal year that ended March 31, down from $20.1 million the previous year.

    Sure, it’s less than the year before, but it’s hardly a “loss” as most owners would have you believe.
    They still made a tidy profit.

  12. chapnastier says: Mar 2, 2011 8:50 AM

    “Can’t wait to see the greedy NFLPA rendered powerless!”

    How are they greedy?
    The players aren’t asking for a penny.

  13. “They still made a tidy profit.”

    Foozie has a limited mental capacity. He just keeps repeating the same talking points that his bosses at the SEIU gave him on the last hand out.

    Here’s the whole story with the Packers that Foozie fails to mention:

    He is correct that the team made 9.8 million dollars in 2009. He is also correct that they made 20.1 million dollars the year before. What he fails to mention is that in 2007, the team made over 35 million dollars.

    Any of you union thugs see a trend there? Here’s another helpful hint for you knuckle draggers: During those same three years when the Packers profitability was going in the tank, their player costs, that means salaries to the players, rose on average, 15% per year. AND THAT’S WITH THE YOUNGEST ROSTER IN THE LEAGUE FOR EACH OF THOSE YEARS!!!

    What this means, knuckle draggers, is that eventually, perhaps as early as the 2010 fiscal year, the Packers will lose money. Now, you may not care, but if the only Not for Profit, publicly held team in the league, cannot make a profit, what is happening to the other 31 teams? Here’s another one for you morons” There is no “scumbag billionaire owner” to bail out this franchise, meaning at some point, as the players take more and more of each new revenue dollar that comes in the door, and all the other expenses like insurance etc, keep escalating, the Packers will find themselves in an insolvent position.

    What then? Do you knuckle draggers feel that then the federal government will simply “raise taxes on the scumbag rich” to keep the team, and the other teams afloat, so you can sit on your fat lazy behinds and watch football?

    Get a clue. The league and the owners see that the current CBA will lead to long term problems. It needs to be adjusted accordingly. It’s as simple as that. It has nothing at all to do with your class hatreds, your class envy, or your ignorance.

  14. mick730 says: Mar 2, 2011 10:32 AM

    “It has nothing at all to do with your class hatreds, your class envy, or your ignorance.”

    Then why was your entire post one long rant about class hatred, class envy and ignorance?

    ..or do you just really like saying “knuckle draggers”?

  15. As a banker I resent the title to this post.

    Now if you excuse me, it’s time for my massage.

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