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Tuesday, March 01, 2011

NFL Fallout?

In my opinion, the NFL is the model business format of the four major sports. The financial model used by the league results in all teams making a profit no matter how they perform during the season.
The 2011 season appears to be in jeopardy as a federal mediator oversees negotiations over sharing a pie that is worth billions of dollars. The National Football League is a not only a monetary juggernaut but also a ratings behemoth with a championship game that is mentioned in the same breath as most watched television programs.
The progress in the talks is being watched by everyone who has a stake in the pending labor agreement from the owner to the hot dog vendor. Cancelled games will mean cancelled revenue for the league and little guys across the country looking for another way to earn somme extra cash.
My first thought regarding the impending labor stoppage is this: It won't happen. There is too much money on the table for people to squabble over and risk losing a year in the gold mine. Then again, this isn't the first time we've seen millionaires and billionaires arguing over more money than most people will see in their lifetime.
People are wondering if there will be any fallout from a potential labor stoppage. There will be none. Since the baseball strike in 1994, there have been three other work stoppages in professional sports. When the games resume, there are fans who are angry and swear off the game. The resolve usually lasts until the first game of the season.
The same will happen for the NFL. People will be angry but it won't last. the owners and players will go on with their lives and fortunes. Fans may be angry but it won't last and they won't allow it to matter.

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