NFL Owners hid $120 Million from Players
It’s a shame that the best sport in the world is governed by the worse league in the world – yes even worse than FIFA.
The NFL has been ordered to give back $120 million to the players after hiding that amount from the players with fake tax exempts. The owners kept close to $50 million away from the players by creating an exempt that was noticed by an audit of league finances.
Matthew Futterman of The Wall Street Journal reported the story, a ruling that was decided just a week ago. Arbitrator, Stephen Burbank ruled in the favor of the players’ union after they filed a grievance in January.
What this means for the players is that the salary cap will increase in 2016, giving each team an estimated amount of $50 million to spend this season. The cap is still to be determined.
NFL Spokesperson, Brian McCarthy, claimed that this was a case of “technical accounting issues involving funding for stadium renovations.”
I’m not even sure if he believes that.
This is just another example of how the NFL owners' greed is destroying the great sport of football, and Rodger Goodell is their puppet that helps them steal all the money. After the 2014-15 season, Goodell made more than any player in the NFL, $34 million – a decrease from his initial $44 million salary. As commisioner of the NFL, one would think that he would not allow this type of behavior from the owners but Goodell’s action has made it clear that he only works for the owners and no one else.
It’s a shame that this is where the league has come too.