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Blog Entry

The threat that changed everything

Posted on: July 15, 2011 12:14 pm
 

Earlier I wrote on how the players made a threat that proved somewhat jarring to ownership and forced them to make concessions. Well, Sports Illustrated just reported what that threat was and it was a game changer.

The details I've heard are slightly different but the core facts are the same. The NFLPA had secured lockout insurance (there is such a thing?) for each player in the amount of $200,000 (one player told me the amount was $300,000) in the event the season was missed.

The union told the owners this late Wednesday night and, I'm told, it shook the owners. The next day, on Thursday, is when progress was made so quickly.

This is a huge deal and explains why the owners made concessions. While $200,000 or even $300,000 isn't a lot of cash to Peyton Manning, it is for most of the rank and file.

By playing this card, the players, at the last minute, outmaneuvered the owners. I'm told it completely stunned ownership.

Wow. Just wow,

This is the second biggest piece of news to only the fact a deal is all but done.

This was the players saying "checkmate."

Category: NFL
Tags: Lockout
 
Comments
mnix47mn
Since: Aug 4, 2008
Posted on: July 15, 2011 5:10 pm
This comment has been removed.

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mnix47mn
Since: Aug 4, 2008
Posted on: July 15, 2011 5:07 pm
This comment has been removed.

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Since: Aug 25, 2010
Posted on: July 15, 2011 5:05 pm
 

The threat that DIDN'T change everything

Unless I'm missing something completely -- what does "lockout insurance" exactly mean, i.e., who does it impact? If the NFLPA bought it -- who did they buy it from? ... and isn't the NFLPA paying the premium? How does this involve the owners unless it was negotiated in the CBA?



Since: May 31, 2011
Posted on: July 15, 2011 5:05 pm
 

The threat that changed everything

Wonder if the FED'S prosecuting Clemens thought of this?
Man, lie to these people and they will 'hound' you to your grave...Right Bobby?
With millions of taxpayers money!  GET OUT OF 'SPORTS!!!'  



Since: May 31, 2011
Posted on: July 15, 2011 4:59 pm
 

The threat that changed everything

Unbelievable what you can INSURE!  NBA players...TAKE NOTE!!! :-o)
Love to see look on David Stern's smarmy face if the NBA players pulled this! (though BOTH sides need to GET REAL!!!) 



Since: Aug 23, 2006
Posted on: July 15, 2011 4:54 pm
 

The threat that changed everything

I wonder when the policy was purchased, after the court decision?  Great move, I wonder if that was Smiths decision?  Great way to level the playing field.  FYI, I'm in the owner’s corner on this but this will shake the trees.




Since: Mar 21, 2010
Posted on: July 15, 2011 4:42 pm
 

The threat that changed everything

Pretty slick maneuver.

Risk is everything in negotiation. The players took the club out of the owners hand by insuring their biggest risk. Those of you who downplay this move do not understand negotiation. This was a sophisticated move that was very well timed.
WSUCougar05 I would not call it a "slick" maneuver. I would say that this maneuver was shrewd on the part of the NFLPA and made the owners think long and hard about continuing on with the lockout knowing that the players will have some semblance of an income stream coming in if the lockout continued. 

As you said to wait until the after the 8th Circuit handed down its ruling to reveal this Insurance Fund for the Players was indeed a well timed sophisticated move. If the "Insurance Card" had been played any earlier in the negotiation process the players would have been left with no leverage after the 8th Circuit's ruling.

The biggest winners are the fans who get a season, and the insurance company. The players got the concession they wanted, but what was the cost of the insurance? The owners loose, to the extend its possible to be a billionaire cutting a deal to make hundreds of millions per year, to watch a pro football team you own from lofty suite with silk stockings and 40 y/o scotch while laughing about being taxed at a lower rate than the "other America." God bless 'em.
If a tenative agreement is reached within the next 24 hours as is being reported here on CBS Sports.com then in my opinion the biggest winners have got to be the stadium workers (e.g. concession stand workers, security guards, etc.) because they will not miss a game check. They are the ones who have seemed to have really been lost in all of this lockout crap. These are people who can least to afford to miss a game check (pre-season games, regular season games, whatever), especially since they are not billionaire owners and do not have anyone advocating a Lockout Insurance Fund on their behalf like the multi-millionaire players do.





Since: Jun 17, 2008
Posted on: July 15, 2011 4:36 pm
 

The threat that changed everything

the idea that this insurance policy was the game changer is a rediculous idea and if Freeman thinks that then WOW!  Having said that it is a very smart move to have bought that insurance to keep calm the many players who aren't multi millionaires.



Since: May 14, 2007
Posted on: July 15, 2011 4:35 pm
 

The threat that changed everything

Checkmate owners! We're taking 5% less revenue. And you'll be hammering us with fines for illegal hits too. Checkmate! Take that.



Since: Sep 5, 2008
Posted on: July 15, 2011 4:28 pm
 

The threat that changed everything

Before I comment - superquad - that has to be the best post I've seen yet.  Back to reality, yeah, I'm sure Peyton, Ben, Tom, and all the other millionaires in the league were waitng to pull this $200,000 rabit out of their pockets and force a deal.  What's the lowest paid player in the league make, he's still alot better off than most of us in the real world, so I'm sure the 18 game schedule, rookie cap, franchise player status, retiree benefits, collective bargaining all that had nothing to do with anything, it was all this hidden $200,000 insurance policy.


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