Chiefs Chiefs losing money? - Page 2

KingPriest2 · 02-03-2010, 08:06 PM

http://sportsillustrated.cnn.com/201....ap/index.html

Bisciotti: NFL teams struggling Story Highlights
Steve Bisciotti hinted the NFL could shut down in 2011 without union concessions
Bisciotti insisted many of the 32 NFL teams are struggling to finish in the black

OWINGS MILLS, Md. (AP) -- Baltimore Ravens owner Steve Bisciotti said Wednesday that several NFL owners are facing a financial shortfall that could create "long-term problems for the league" and ultimately result in a lockout.

As the Ravens prepare for a 2010 season without a salary cap, Bisciotti hinted the NFL could shut down in March 2011 if concessions aren't made by the players union in negotiations for a new collective bargaining agreement.

Speaking at a news conference in which team officials looked back at last season and ahead to 2010, Bisciotti insisted many of the 32 NFL teams are struggling to finish in the black.

"I've got partners out there right now whose teams are making less money than their linebackers. I think we've got an acute problem here with the general profitability of the teams," Bisciotti said. "We always knew this was not a big cash-flow business, but when you've got guys like Jacksonville tarping up 10,000 seats to stop blackouts, when you've got teams that are voluntarily staying at the minimum of what they have to spend on the salary cap in order to not go upside down financially, then we already have a structural problem."
Three years ago, the owners and players union signed a CBA that Bisciotti labeled "a bad deal" for the owners.

"That puts us in the unenviable position of this thing ending in a lockout as opposed to a strike," he said. "There's no cash flow. If we don't get this thing back to the point that teams have enough cash flow ... then there's long-term problem for the league. We're going to have to address that."

Ravens president Dick Cass said the club is "doing well compared to other teams around the league. But just because we're still doing well in revenues, that doesn't mean we're generating a lot of profit."

Although there's a good chance there will not be a salary cap in place in 2010, that doesn't mean a team will be allowed to spend at will. And even by spending the maximum, that won't guarantee a spot in the playoffs.

Using baseball's New York Yankees as an example, Bisciotti wondered aloud about the payoff on an unbridled spending spree.

"It certainly doesn't show up in the standings," he said. "If I'm a Yankees fan, I'm upset we're not winning 130 games with the roster that they have and the money that they pay out. I think it's a disgrace they only beat the average team by 10 games in the standings with three times the money. I'd fire that GM. You don't need a GM. All you have to do is buy the last Cy Young Award winner every year."

Bisciotti, 49, has been the Ravens' owner for 10 years, during which the team has regularly sold out its home games. Despite that he still has concern about the future of the league.

"We want to be at a point where teams are not selling off their star players in their fourth year because they can't afford to sign them to that second contract," Bisciotti said.

As the Ravens enter an offseason with an uncertain financial environment and no salary cap, general manager Ozzie Newsome is eager to work within the system to enhance their wide receivers and fortify their pass rush.

"The restrictions put on the Baltimore Ravens are put on 31 other ballclubs, too," Newsome said. "We've got to be better than the other 31 clubs in order to make our football team under these circumstances. I look at it as a challenge. It puts the pressure on us to dig down deep to improve our football team."

The Ravens went 9-7 this season and reached the second round of the playoffs before being eliminated by Indianapolis. Bisciotti said the improvement of second-year quarterback Joe Flacco will be the key to success in 2011.

Flacco's ability to excel could be helped by new quarterbacks coach Jim Zorn -- and the addition of a few new targets.

"Do we want to improve at the wide receiver position? Yes, because that will further enhance our running game," Newsome said. "Having a playmaker on the outside will make Joe Flacco become a better quarterback."

LaChapelle · 02-03-2010, 09:07 PM

Coaches are not a part of the cap
the Hunts are not cheap in that area

milkman · 02-03-2010, 09:10 PM

Quote:

Originally Posted by alanm

In today's economy the NFL would go belly up in 2 yrs if they did that.

Which is why I think it may not happen until the following contract.

Mr. Laz · 02-03-2010, 09:10 PM

big pile of crap

milkman · 02-03-2010, 09:10 PM

Quote:

Originally Posted by Reerun_KC

its already there with Sunday Ticket....

Sunday Ticket isn't pay per view.

Mr. Laz · 02-03-2010, 09:12 PM

Quote:

Originally Posted by alanm

In today's economy the NFL would go belly up in 2 yrs if they did that.

they would lose me ... i would cry, but they would lose me.

you know what i call pay-per-view .... my mother ****ing cable bill!!

Reerun_KC · 02-03-2010, 09:12 PM

Quote:

Originally Posted by milkman

Sunday Ticket isn't pay per view.

If I no pay, I no view...

So in theory, it is pay per view.

Brock · 02-03-2010, 09:18 PM

I don't know how they can say this crap with a straight face.

Coogs · 02-03-2010, 09:39 PM

Price of ketchup's going up!

googlegoogle · 02-03-2010, 09:53 PM

Never understood why players get a percent of anything when owners take all the risk.

Brock · 02-03-2010, 09:54 PM

Quote:

Originally Posted by googlegoogle

Never understood why players get a percent of anything when owners take all the risk.

Yeah, it's not like the players can have their ability to walk, talk, and breathe taken away from them on any given play.

FloridaMan88 · 02-03-2010, 11:44 PM

NFL owners are crying about their "dire economic condition" yet refuse to release their financial records to prove this.

**Bugeater** · 02-03-2010, 11:51 PM

Quote:

Originally Posted by KCChiefsfan88

NFL owners are crying about their "dire economic condition" yet refuse to release their financial records to prove this.

I'm not sure how accurate they would be anyway, all of the parking and concessions are in cash so it would be pretty easy to fudge those numbers.

MikeMaslowski · 02-03-2010, 11:52 PM

Quote:

Originally Posted by BossChief

not saying they are, but when you see the stadium over half empty, sign Cassel and hand him a check for 30 mil, pay Tyson his SB, pay Chan and Herm for work they didnt have to do, and pay for the staduim to get upgraded...one has to ask how much KC could have possibly profited in 2009.

Don't forget LJ's on his ass cash.

worth every penny.

Sweet Daddy Hate · 02-04-2010, 02:33 AM

Quote:

Originally Posted by milkman

Something is going to have to give?

My guess.

The fan.

I know you're right, and I hate what it means for us. When the next wave of success hopefully comes, it's going to be one expensive bitch. I wish and hope that the relationship between the franchise and the fans remains fair, but I know it won't. See "Giants 101".

Going to a meaningful game at Arrowhead means more to most non-season ticket holders than the "lifers", though I in no way, shape, or form deride them for their years of support. Excluding the everyday common fan and his friends/family is a slap in the face of what Kansas City is all about.

You want a great steak dinner for you and your lady in Kansas City? You can have it for under $50.00, including a couple of drinks apiece.
Now, go give your football team your first-born child for a great panoramic view of east KC up in the nosebleed seats.

**MahiMike** · 02-04-2010, 07:46 AM

I TOTALLY believe it. I read on PFT that the stalemate is due to the owners not wanting to show their books. Not because they're raking it in but because they're embarrassed to show how little they make. If the world found out how little they net, the values of their franchises would plummet like the housing market. $800 million for a franchise? Gimme a break. The owners have been riding the appreciation while writing off the annual losses on their taxes. The only reason to own a franchise is the appreciation.

02-03-2010, 08:06 PM
KingPriest2 Super Grover Join Date: Oct 2002 Location: KCMO Casino cash: $8635135	Chiefs losing money? http://sportsillustrated.cnn.com/201....ap/index.html Bisciotti: NFL teams struggling Story Highlights Steve Bisciotti hinted the NFL could shut down in 2011 without union concessions Bisciotti insisted many of the 32 NFL teams are struggling to finish in the black OWINGS MILLS, Md. (AP) -- Baltimore Ravens owner Steve Bisciotti said Wednesday that several NFL owners are facing a financial shortfall that could create "long-term problems for the league" and ultimately result in a lockout. As the Ravens prepare for a 2010 season without a salary cap, Bisciotti hinted the NFL could shut down in March 2011 if concessions aren't made by the players union in negotiations for a new collective bargaining agreement. Speaking at a news conference in which team officials looked back at last season and ahead to 2010, Bisciotti insisted many of the 32 NFL teams are struggling to finish in the black. "I've got partners out there right now whose teams are making less money than their linebackers. I think we've got an acute problem here with the general profitability of the teams," Bisciotti said. "We always knew this was not a big cash-flow business, but when you've got guys like Jacksonville tarping up 10,000 seats to stop blackouts, when you've got teams that are voluntarily staying at the minimum of what they have to spend on the salary cap in order to not go upside down financially, then we already have a structural problem." Three years ago, the owners and players union signed a CBA that Bisciotti labeled "a bad deal" for the owners. "That puts us in the unenviable position of this thing ending in a lockout as opposed to a strike," he said. "There's no cash flow. If we don't get this thing back to the point that teams have enough cash flow ... then there's long-term problem for the league. We're going to have to address that." Ravens president Dick Cass said the club is "doing well compared to other teams around the league. But just because we're still doing well in revenues, that doesn't mean we're generating a lot of profit." Although there's a good chance there will not be a salary cap in place in 2010, that doesn't mean a team will be allowed to spend at will. And even by spending the maximum, that won't guarantee a spot in the playoffs. Using baseball's New York Yankees as an example, Bisciotti wondered aloud about the payoff on an unbridled spending spree. "It certainly doesn't show up in the standings," he said. "If I'm a Yankees fan, I'm upset we're not winning 130 games with the roster that they have and the money that they pay out. I think it's a disgrace they only beat the average team by 10 games in the standings with three times the money. I'd fire that GM. You don't need a GM. All you have to do is buy the last Cy Young Award winner every year." Bisciotti, 49, has been the Ravens' owner for 10 years, during which the team has regularly sold out its home games. Despite that he still has concern about the future of the league. "We want to be at a point where teams are not selling off their star players in their fourth year because they can't afford to sign them to that second contract," Bisciotti said. As the Ravens enter an offseason with an uncertain financial environment and no salary cap, general manager Ozzie Newsome is eager to work within the system to enhance their wide receivers and fortify their pass rush. "The restrictions put on the Baltimore Ravens are put on 31 other ballclubs, too," Newsome said. "We've got to be better than the other 31 clubs in order to make our football team under these circumstances. I look at it as a challenge. It puts the pressure on us to dig down deep to improve our football team." The Ravens went 9-7 this season and reached the second round of the playoffs before being eliminated by Indianapolis. Bisciotti said the improvement of second-year quarterback Joe Flacco will be the key to success in 2011. Flacco's ability to excel could be helped by new quarterbacks coach Jim Zorn -- and the addition of a few new targets. "Do we want to improve at the wide receiver position? Yes, because that will further enhance our running game," Newsome said. "Having a playmaker on the outside will make Joe Flacco become a better quarterback."
Posts: 6,427

02-03-2010, 09:07 PM	#16
LaChapelle Banned Join Date: Mar 2009 Casino cash: $10004900	Coaches are not a part of the cap the Hunts are not cheap in that area
Posts: 8,588

02-03-2010, 09:10 PM	#18
Mr. Laz Don't Tease Me Join Date: Dec 2000 Location: KS Casino cash: $11047037	big pile of crap __________________
Posts: 95,626

02-03-2010, 09:18 PM	#22
Brock Say hello to my little friend Join Date: Aug 2000 Location: Larryville Casino cash: $9598422	I don't know how they can say this crap with a straight face.
Posts: 47,314

02-03-2010, 09:39 PM	#23
Coogs In Search of a Life Join Date: Aug 2000 Location: Northern Kansas Casino cash: $-2055651	Price of ketchup's going up!
Posts: 21,898

02-03-2010, 09:53 PM	#24
googlegoogle Banned Join Date: Nov 2008 Casino cash: $10004900	Never understood why players get a percent of anything when owners take all the risk.
Posts: 4,700

02-03-2010, 11:44 PM	#26
FloridaMan88 Mahomes: We Are All Witnesses Join Date: Mar 2003 Location: Miami, FL Casino cash: $-537094	NFL owners are crying about their "dire economic condition" yet refuse to release their financial records to prove this.
Posts: 49,742

02-04-2010, 07:46 AM	#30
MahiMike He's Mahomie! Join Date: Aug 2001 Location: Jax, FL Casino cash: $10023443	I TOTALLY believe it. I read on PFT that the stalemate is due to the owners not wanting to show their books. Not because they're raking it in but because they're embarrassed to show how little they make. If the world found out how little they net, the values of their franchises would plummet like the housing market. $800 million for a franchise? Gimme a break. The owners have been riding the appreciation while writing off the annual losses on their taxes. The only reason to own a franchise is the appreciation. __________________ 99.9%
Posts: 17,387