Democratic Underground Latest Greatest Lobby Journals Search Options Help Login
Google

So it looks like Bob Kraft, the Pats owner, saved the labor negotiations

Printer-friendly format Printer-friendly format
Printer-friendly format Email this thread to a friend
Printer-friendly format Bookmark this thread
This topic is archived.
Home » Discuss » Topic Forums » Sports Donate to DU
 
WilliamPitt Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Mar-12-06 12:22 PM
Original message
So it looks like Bob Kraft, the Pats owner, saved the labor negotiations
http://www.boston.com/sports/football/patriots/articles/2006/03/12/behind_nfls_deal_a_driving_force/

Behind NFL's deal, a driving force
As deadline closed in, Kraft plan created framework that helped combative owners find common ground

(snip)

At one point during the often contentious negotiations, Cowboys owner Jerry Jones mockingly offered to buy the naming rights to Paul Brown Stadium from the Bengals for $5 million ''because I can double that in about five minutes, Mike." Brown did not respond but the heat in the room was building when the Patriots' Jonathan Kraft and the Jets' Woody Johnson offered up a revenue-sharing plan devised by Kraft. Of the four plans that would be discussed, it was the only one that included all three elements essential to a deal: 1. a funding mechanism for expanded revenue sharing; 2. a value on how much was needed for it to work; and 3. a distribution plan. As it turned out, many of the men involved confirmed last week, the key was that Kraft suggested not only that his team was willing to put in $3 million or more of the Patriots' money a year, but that it would forgo its share of new revenues the league had been generating annually, thus increasing the revenue-sharing pie without taking a slice from the present income of high-revenue clubs.

''It's a lot easier to talk about sharing what you don't have yet than it is what you've already got," Jones said later. ''That was a major part of it. We took things from the future and basically shared that. We agreed to some things we're not sure how much will be involved financially. That was a brilliant stroke."

...more...
Printer Friendly | Permalink |  | Top
nickgutierrez Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Mar-12-06 05:57 PM
Response to Original message
1. Yeah, well, they still suck.
:P
Printer Friendly | Permalink |  | Top
 
DU AdBot (1000+ posts) Click to send private message to this author Click to view 
this author's profile Click to add 
this author to your buddy list Click to add 
this author to your Ignore list Thu Dec 26th 2024, 03:45 PM
Response to Original message
Advertisements [?]
 Top

Home » Discuss » Topic Forums » Sports Donate to DU

Powered by DCForum+ Version 1.1 Copyright 1997-2002 DCScripts.com
Software has been extensively modified by the DU administrators


Important Notices: By participating on this discussion board, visitors agree to abide by the rules outlined on our Rules page. Messages posted on the Democratic Underground Discussion Forums are the opinions of the individuals who post them, and do not necessarily represent the opinions of Democratic Underground, LLC.

Home  |  Discussion Forums  |  Journals |  Store  |  Donate

About DU  |  Contact Us  |  Privacy Policy

Got a message for Democratic Underground? Click here to send us a message.

© 2001 - 2011 Democratic Underground, LLC