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Monday, March 8, 2010

Economic Recession Affecting the NFL

On March 4th, Pete Kendall released a statement saying that all NFL players will receive, “A dramatic reduction in player compensation." Kendall, who is the union’s permanent player representative at labor negotiations, believes that cutting the player's salaries will benefit everyone.
The pay cut will be an 18% decrease for all NFL players. This cut also includes expenses such as operating practice facilities and/or traveling costs. According to the NY Times, Kendall feels, "Expenses for NFL franchises have risen faster than revenue in the current agreement and the economics must be adjusted. But, as we have repeatedly emphasized, constructive and creative negotiations can lead to a balanced agreement that will not reduce current player salaries."
In my personal opinion, professional athletes make more than enough money to support themselves and their families. Even if they do take an 18% pay cut, it wouldn't hurt them much at all. The game shouldn't be all about the money; the athletes should play for the love of the sport as well as for the young kids that look up to them.

1 comments:

Barbara Nachman said...

Good post. You told us the news and gave your opinion. I think, however, that the posting begs the questions, "Just how much $ do these guys make?" It would be interesting to include this and compare it to the salaries of, say, teachers and/or policemen. This shows the reader just how exorbitant these salaries are. It puts it into perspective. This is always good for the reader.
But to reiterate, good job.