Some owners want to take financial hit from pandemic over next two years

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The NFL Players Association wants the financial consequences of the pandemic to be absorbed by the salary cap from 2022 through 2030. Some owners want to take the hit sooner than that.

Per a league source, multiple owners participating in Monday’s negotiating session with the NFLPA pushed for the losses due to the virus to be absorbed in 2020 and 2021, with salary givebacks applying this year and a reduced salary cap next year.

Some regard the position as posturing, given that teams won’t want a sharply-reduced cap in 2021, since it will force them to cut not just veteran backups but key starters. Whatever it is, the financial impact of the pandemic will create issues for the NFL and the NFLPA. Today’s players should want it to be pushed out to the future, because taking the hit now will hit them in the wallet, either by taking away a chunk of their pay in 2020 and/or 2021 — or all of it.

9 responses to “Some owners want to take financial hit from pandemic over next two years

  1. Over the cap has some good material on this.
    10 years is silly and just posturing.
    2-3 years is more reasonable.

    The owners can cut a lot of vets to save some cap space, the NFLPA presumably doesn’t want that.

  2. Eh. Mostly millionaires bickering with billionaires.

    That said, the NFL is a business yet, we view it as a game/entertainment/bragging rights,

    We’re outside looking in. If you own something, you want to make it profitable. I.E Make more money for you. Why else would you own something? If your an employee, (players) don’t you want to make as much as you can? Yep, we all do!

    However, they neglect the fans. We’re the reason why all four major sports are worth billions.

    Players and owners will say we’re important but, only to the bottom line.

    I’m 53. I’ve watched less sports over the past 5-10 years than ever. I was a die hard when I was younger. To be honest, I don’t miss it that much.

    Because I cannot relate to the modern pro athlete like I could in the mid 70s through the 90s early 2000’s.

    Poor millionaires and billionaires.

  3. They will be cancelling the season in stages. Training camp will be pushed back indefinitely first.

  4. I don’t think it should be spread out more than 3 years, as that is the average career in the NFL. Yes, some veterans will be cut, but then resigned by another team at a lower salary. We see that every year. Teams that are top heavy with large guarantees will pay the price. Look at the Cowboys cap for 2021. I think that factored into the Prescott equation.

  5. Antonio Brown Where Are You? says:
    July 15, 2020 at 7:42 pm
    Over the cap has some good material on this.
    10 years is silly and just posturing.
    2-3 years is more reasonable.

    The owners can cut a lot of vets to save some cap space, the NFLPA presumably doesn’t want that.
    ————————————
    I agree that there is a lot of posturing on both sides. However, I don’t see the owners wanting to release any vets if they have to eat any guaranteed money. That’s why I think they will settle on something longer than 2 years… closer to 4-5.

  6. The majority of players (and therefore members of NFLPA) won’t be playing in 10 years which is no doubt why they want to spread the pain over as long as possible.

    It’s a tough situation for everyone because contracts will have been negotiated on the belief that the cap will always increase by at least X% per year. Even a cap that is static for a year will have big implications

  7. I know it is virus related, but this year’s crop of NFL players are the ones not bringing in the revenue necessary to support the cap where it is. Why should future players have to pay the price for that? Why should players today not have a reduced cap, but a crop of 12 and 13 year olds today who will be rookies at the end of that 10 year window.

  8. This is probably all moot since there’s a better than 50-50 chance the season won’t happen. If MLB has a huge outbreak and has to cancel the season, I can’t see how the NFL can think it won’t happen to them when there is lots of close contact and heavy breathing.

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