Blog Entry

NFLPA to pay players with lockout fund on 4/15

Posted on: March 29, 2011 4:12 pm
 
Posted by Will Brinson

Times are tight for NFL players -- even though it's perceived that they make piles of money (and many of them do), many players live check-to-check. Which is why the NFLPA established a "lockout fund" with which to begin paying players.

And, according to Jason LaCanfora of the NFL Network, the players will begin receiving those payments on April 15. LaCanfora cites an NFLPA source as well as an email that was sent to the players recently.

"We are e-mailing you to inform you that the NFLPA Board of Player Directors approved the payout from the Lockout Fund to begin on April 15, in six installments or until the lockout ends. In order to start receiving your payments, please fill out the attached direct deposit enrollment form and return it to us with a voided check from your checking account or bank letter verifying the account information. We will e-mail you at the address that you provide on the form when payments are sent to your bank account.

"Please note that any other future payments that you may receive from the NFLPA or NFL PLAYERS Inc (for example player marketing deals or royalty payments) will be deposited into this account and you will be notified via email of the deposit."

The maximum total payment made to a player -- over the course of the six installments -- would reportedly be $60,000, utilizing funds that were compiled during the 2009 and 2010 seasons via players' dues and rights' fees.

A player who was on a 53-man roster for the full length of those seasons would reportedly be eligible to receive the maximum sum of $60,000.

The payments to the players really establishes two things about the current state of NFL negotiations.

One, this lockout wasn't unexpected. But we already knew that -- both sides are doing a dance that they've been rehearsing for quite some time.

And two, DeMaurice Smith and the NFLPA did a hell of a job planning ahead for this scenario. $60,000 is quite a step down for many players, but it's still money coming in, which is critical because it offsets money going out.

And that means the players will continue to have some leverage in being able to avoid work and, most importantly paychecks.

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Comments

Since: Dec 2, 2011
Posted on: December 5, 2011 7:03 am
 

NFLPA to pay players with lockout fund on 4/15

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Since: Dec 2, 2011
Posted on: December 5, 2011 7:01 am
 

NFLPA to pay players with lockout fund on 4/15

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Since: Mar 15, 2011
Posted on: April 13, 2011 1:22 pm
 

NFLPA to pay players with lockout fund on 4/15

players have monthly expenses a lot higher than  $10,000---this will not be enough money.  They have multiple houses, expensive cars and do a lot of traveling---the owners should kick in some money to fund the difference.



Since: Sep 8, 2006
Posted on: March 31, 2011 12:27 pm
 

NFLPA to pay players with lockout fund on 4/15

A Players Fund that pays $10,000 a month?!?!?!

Oh these players and all the heartaches, trials & tribulations they are going through.

Watch, they will eventually ask the fans to "donate" to the fund and hire Jerry Lewis to hold a telethon on PBS.

Get a deal done already!!!




Since: Sep 3, 2007
Posted on: March 30, 2011 7:36 pm
 

NFLPA to pay players with lockout fund on 4/15

 I love the SEAHAWKS and look forward to a new NFL season the day after the Superbowl! My season ticket package and the money spent on game day is about the only guilty pleasure I allow myself considering I have a 15 son looking at cars and talking about collage. I have a lot of friends and associates that are loosing their jobs, houses,cars,medical coverage,retirements and futures due largely in part to people that have ENOUGH, but there greed is insatiable! Most of the people I know live humbly on Main Street not Wall Street and had little or no stake in this financial melt down but, they and their families are paying for it! The perpetrators of the greatest Ponzi scheme in world history are getting bailed out with OUR tax dollars so the "market" doesn't cash and burn! And now we have millionaires and billionaires fighting over 9 billion dollars of NFL revenue! America has become a country of consumers and that is exactly what Wall Street wants. The life blood of capitalism is money and its oxygen is greed! And if you say these 3 magical words you can justify anything you do ......."its just business"! AMERICA and our elected representatives have proved that there is no bigger value we hold higher than money! ENOUGH!




Since: Jan 13, 2009
Posted on: March 30, 2011 11:18 am
 

NFLPA to pay players with lockout fund on 4/15

HMMMM...10k per month for those over 2 years service for 6 months--Sounds like slave wages to me.  Wonder if Peterson and mendenhal will call out the union, i mean association for these very low payments. Does this make DeeMorry a plantation owner?



Since: Sep 28, 2006
Posted on: March 30, 2011 11:17 am
 

NFLPA to pay players with lockout fund on 4/15

Great posts RedWings1969 and many others.

There has to be some loophole where the money was collected prior to dissolving the Union so they can still make the payments.  If not then the NFLPA's lawyers need to be fired.

I read a post that said the Owners threw out a previously agreed upon deal.  That is not true because part of the deal was an Opt Out clause if the deal was not working out as the owners expected.

I think the players get to big a percentage of the profits.  The players, especially the rookies, make to much money and it costs to much to go to games.

Whatever ends up being worked out it better involve a lower cost to go to games or I may never go again. I doubt this will happen and that's why I think the players and owners suck.




Since: Aug 16, 2006
Posted on: March 30, 2011 11:10 am
 

NFLPA to pay players with lockout fund on 4/15

Just wondering, could any of the NFLers, go play in the UFL?



Since: Mar 3, 2011
Posted on: March 30, 2011 9:54 am
 

NFLPA to pay players with lockout fund on 4/15

I thought the NFLPA has dissolved and no longer exist.  They said the website is gone.  Then why are the NFLPA paying the players after April 15th?  This means the owners can lock the players out because the players are still with the NFLPA.  This situation is turning into a three ring circus.  I don't know who to believe and I don't know when the NFL will be in business again.  



Since: Apr 14, 2007
Posted on: March 30, 2011 9:44 am
 

NFLPA to pay players with lockout fund on 4/15

Times are tight for NFL players -- even though it's perceived that they make piles of money (and many of them do), many players live check-to-check.

Will Brinson's love of, and siding with the players makes him look foolish.

"even though it's perceived that they make piles of money."

$325,000.00 per year minimum Will. This cannot be disputed. I suppose you could be talking about the practice squad players that make $88,000 per year, but then you allude to players on the active roster getting this consideration, so that would rule them out for at least the larger amount stated here.

A player who was on a 53-man roster for the full length of those seasons would reportedly be eligible to receive the maximum sum of $60,000.

And this little snippet, if completely accurate drops the number of eligible players even lower.

There has to be a class available on the topic of journalistic research Will. But given your track record, you may want to rely on someone else to hunt for it.


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