How much money are teams losing? Union is curious to find out

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The agreement that allowed the 2020 season to proceed attempts to account for the financial consequences of the pandemic. For now, however, not much is known by the NFL Players Association regarding the losses the league has endured.

Per a source with knowledge of the situation, the union anticipates getting some guidance later this month, when owners receive preliminary information about the 2021 salary cap during their quarterly meeting in December. That’s typically when the first figures emerge every year. It’s theoretically possible, given the upside-down nature of 2020, that they won’t.

The two sides have agreed the cap will be no lower than $175 million in 2021, with the goal of spreading the losses over several years instead of absorbing them all at once. This helps players make more money, and it protects teams from having to engage in widespread roster bloodletting.

Most assume that the cap will indeed drop all the way to $175 million, given that most stadiums have remained empty all year, and that those with fans present haven’t had many. The good news is that the league, by delivering all games (with some reshuffling) has made its TV money, which is the bulk of the annual revenue.

The duration of the league’s reduced earning capacity remains unknown. Dr. Anthony Fauci recently has said it’s possible that NFL teams will have full stadiums in September 2021. Meanwhile, the league is believed to be negotiating new TV contracts with the various networks.

The Monday Night Football deal expires after 2021, and the other contracts end after 2022. It’s possible that the balance of the existing deals will be ripped up and replaced with new contracts as soon as next season.

8 responses to “How much money are teams losing? Union is curious to find out

  1. There will be widespread “roster bloodletting” for a few teams before the start of next season. Here’s a few of them: Jags, Falcons, Saints, Rams, and the Chiefs.

  2. Nobody’s “losing” anything, the billionaires are just making less money than they usually do from the teams.

    The league is still getting its TV money, the vast majority of the money it brings in, plus merch sales and other advertising money.

  3. The cities suffering from COVID spikes being unable to utilize the billion-dollar publically funded stadiums for quarantine are the ones who are losing.

  4. Nobody’s “losing” anything, the billionaires are just making less money than they usually do from the teams…..

    so if they not making as much money as they usually do, that equates to losing. by this logic the eagles have not won as many games as they usually do but we are not losing anything, everybody is a winner! comment was obviously from a 12 year old or a liberal, same level of logic.

  5. How much are the players losing? Zero. I don’t hear them complaining about the owners losing money since they’re getting theirs. I expect there will be plenty of whining next year as some of the players become cap casualties.

  6. As the players say all the time……it’s a business, and its us against the owners….in this case, they are going to find out how uncomfortable that is when the league tells them the revenue is down 15-20% and they are asked to share in that loss. Sadly, he stars will still get paid and the lower end of the roster will move to much cheaper players, which usually means rookies and 2nd year people. If you have five years in the league, and are not a starter, good luck!

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