Truth & Rumors > NFL

Foote: Owners are making money now

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08:05 AM ET 05.30 | Larry Foote, for the first time this offseason, grew upset -- courtesy a headline out of Detroit, where he's training. Foote became angry when he read in a Detroit newspaper about the Lions forcing employees to take unpaid furloughs because of the lockout. Many teams have done this, including the Baltimore Ravens, who this week rescinded a 25 percent pay cut for office staff and repaid them the money after it became public. "That's ridiculous. We all know through this lockout owners aren't losing money, they're making money," Foote said. "They pay us $1,000 a week just to work out. Roster bonuses haven't been paid." They also don't have to pay health insurance, contribute to the pension fund, pay for medical issues, pay for lunches during the spring workouts and much more. "To lay people off to save money," Foote exclaimed. "I don't know who they're trying to fool."

Pittsburgh Post-Gazette

Larry Foote, Getty Images Larry Foote, Getty Images
May 30, 2011  08:41 AM ET

If the lockout continues and there is no football this season, will the blow to football popularity be as big as the anger about the baseball situation after the '94 season?

May 30, 2011  08:44 AM ET

Of course the owners are making money, at the very least their expenses have plummeted.

May 30, 2011  08:45 AM ET

Rex Ryan wants Larry badly.

May 30, 2011  08:57 AM ET

Free sandwiches?????? where's my free sandwich damn it!!!!

May 30, 2011  09:00 AM ET
QUOTE(#4):

Rex Ryan wants Larry badly.

JETS SUCK!!!

May 30, 2011  09:04 AM ET
QUOTE(#6):

JETS SUCK!!!

Ya beat me to it!

May 30, 2011  09:07 AM ET
QUOTE(#1):

If the lockout continues and there is no football this season, will the blow to football popularity be as big as the anger about the baseball situation after the '94 season?

Nope. Not even close. Every stadium will still be sold out on opening day. TV ratings may take a small hit, but not much.

May 30, 2011  09:10 AM ET
QUOTE(#3):

Of course the owners are making money, at the very least their expenses have plummeted.

The owners have been planning this lockout for four years. They have war chests that would last them for years. And not much for expenses. They are taking in ticket money as we write.

May 30, 2011  09:11 AM ET
QUOTE(#9):

Nope. Not even close. Every stadium will still be sold out on opening day. TV ratings may take a small hit, but not much.

Orf, unfortunately you are right.

May 30, 2011  09:12 AM ET
QUOTE(#9):

Nope. Not even close. Every stadium will still be sold out on opening day. TV ratings may take a small hit, but not much.

And the ratings do not mean a thing. That multi billion dollar contract between the TV Industry and the NFL has been signed. Money in the bank if nobody ever showed up to watch.
It is impossible for a NFL owner to not make millions. Impossible. Mickey Mouse could do it.

May 30, 2011  09:13 AM ET
QUOTE(#11):

Orf, unfortunately you are right.

The money is already in the bank, just waiting.

May 30, 2011  09:22 AM ET
QUOTE(#1):

If the lockout continues and there is no football this season, will the blow to football popularity be as big as the anger about the baseball situation after the '94 season?

Nah... because the owners and players will settle long before there is no season.

May 30, 2011  09:23 AM ET
QUOTE(#12):

And the ratings do not mean a thing. That multi billion dollar contract between the TV Industry and the NFL has been signed. Money in the bank if nobody ever showed up to watch. It is impossible for a NFL owner to not make millions. Impossible. Mickey Mouse could do it.

Right, 50, but my context was 'popularity'. This dispute is bad enough, but ya gotta wonder about the major stockholders of Fox/CBS/ABC-ESPN and where they stand with their CEOs plunking down such major coin with such a high-risk. No matter where one stands in the player/owner dispute, I don't think there is dispute that those TV folks set a new standard for 'dumb'.

May 30, 2011  09:24 AM ET

This kind of move by owners is not about money. It is part of a PR Campaign to show how these ordinary folk are hurt by the greedy players.
Thats all. These owners know how to fight and they have their minions to show them the way and advise them.

May 30, 2011  09:27 AM ET
QUOTE(#16):

This kind of move by owners is not about money. It is part of a PR Campaign to show how these ordinary folk are hurt by the greedy players.Thats all. These owners know how to fight and they have their minions to show them the way and advise them.

But the owners are the ones that looks bad.

May 30, 2011  09:30 AM ET
QUOTE(#15):

Right, 50, but my context was 'popularity'. This dispute is bad enough, but ya gotta wonder about the major stockholders of Fox/CBS/ABC-ESPN and where they stand with their CEOs plunking down such major coin with such a high-risk. No matter where one stands in the player/owner dispute, I don't think there is dispute that those TV folks set a new standard for 'dumb'.

We are a forgiving lot. With very short memories.
Those TV brokers were blackmailed by the NFL. They were told if you want to show us, these are the rules. Tail wagging the Dog thing. You want sports in the Fall on Sunday/ Monday? you want to watch the NBA? NHL? Soccer? when the World Series is over, there is nothing worth a National Audience.

May 30, 2011  09:32 AM ET
QUOTE(#17):

But the owners are the ones that looks bad.

Good Point. But who knows public opinion on this whole mess. it is still Spring. Sometimes PR back fires. And not all teams are doing this.

May 30, 2011  09:35 AM ET
QUOTE(#19):

Good Point. But who knows public opinion on this whole mess. it is still Spring. Sometimes PR back fires. And not all teams are doing this.

Here's a guess. The avid fan who follows this story closely would side with the players. The "average Joe" who watches on TV and maybe goes to a game once in a while sees greed on both sides, but find it hard to identify with the players. No matter what the 'average' salary, media reports highlight the large, but rarer contracts.

For a guy that's worried about being able to keep his job, sees his mortgage 'underwater' and $5/gallon gasoline on the way, there's not going to be much sympathy for either side.

May 30, 2011  10:09 AM ET
QUOTE(#19):

Good Point. But who knows public opinion on this whole mess. it is still Spring. Sometimes PR back fires. And not all teams are doing this.

It would be nice to know who really are the founders and stronger supporters of this mess. Packers are in an interesting spot because they're owned by the fans, are nonprofit, and are out of the loop, yet at the same time they're being somewhat used as a tool because they're the only ones whose books are open to the public. As a Packer fan, this all really bites large, yet hard to hold our team accountable for any of this. I'd really like to know who to what owner to direct my poison at. We all have to know not every owner is strongly behind this. I would like to know who is though... Snyder has to be in the forefront, but I wonder who else...

 
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