Ebook102 pages1 hour
The $29 Million "Tip": How Roger Goodell Earned His Big Payday
By Sean Gilbert
Rating: 0 out of 5 stars
()
About this ebook
In July 2011, NFL Commissioner Roger Goodell and the rest of the league had the NFL Players Association on the ropes. Five years of careful planning by Goodell and NFL owners, combined with the unfortunate death of NFLPA Executive Director Gene Upshaw in 2008, had put the players in a tough spot.
The players were going to have to take a cut in pay. They were going to have to hand over part of their share of football revenue to the owners. The question was down to two simple words.
How much?
In the end, Goodell was able to shift approximately $4.5 billion over a 10-year period from the players to the owners. Creating a deal that was not only lopsided, but historic in length. It was a shift of nearly 13 percent of all revenue from one side to the other, a cascade of cash.
But Goodell and his men, such as NFL VPs Jeff Pash and Peter Ruocco, weren’t done yet. Not only was there a shift of money, the league put clamps on just about every way that players had to make money in the short-term. Rookie salaries were cut in half for top picks. Salaries for top players (known as the “franchise tag”) were kept almost completely in check, even as revenue for the league grew by 25 percent.
This negotiation wasn’t just a victory for the owners, it was a rout. By 2012, the NFL made the lopsided nature of this victory known to the public when it rewarded Goodell for a job well done. A job thoroughly done. The NFL owners awarded Goodell a bonus that brought his total income to $29.49 million for 2011, nearly three times more than what he had ever made in any prior year. It was staggering.
It was a $29 million tip, as it were.
The players were going to have to take a cut in pay. They were going to have to hand over part of their share of football revenue to the owners. The question was down to two simple words.
How much?
In the end, Goodell was able to shift approximately $4.5 billion over a 10-year period from the players to the owners. Creating a deal that was not only lopsided, but historic in length. It was a shift of nearly 13 percent of all revenue from one side to the other, a cascade of cash.
But Goodell and his men, such as NFL VPs Jeff Pash and Peter Ruocco, weren’t done yet. Not only was there a shift of money, the league put clamps on just about every way that players had to make money in the short-term. Rookie salaries were cut in half for top picks. Salaries for top players (known as the “franchise tag”) were kept almost completely in check, even as revenue for the league grew by 25 percent.
This negotiation wasn’t just a victory for the owners, it was a rout. By 2012, the NFL made the lopsided nature of this victory known to the public when it rewarded Goodell for a job well done. A job thoroughly done. The NFL owners awarded Goodell a bonus that brought his total income to $29.49 million for 2011, nearly three times more than what he had ever made in any prior year. It was staggering.
It was a $29 million tip, as it were.
Related to The $29 Million "Tip"
Related ebooks
The Success Cycle: 3 Keys for Achieving Your Goals in Business and Life Rating: 0 out of 5 stars0 ratingsNew Money: Staying Rich Rating: 4 out of 5 stars4/5The Last Miracle: My 18-Year Journey with the Amazin' New York Mets Rating: 0 out of 5 stars0 ratings2018 Minor League Baseball Analyst Rating: 0 out of 5 stars0 ratingsCenter Field on Fire: An Umpire's Life with Pine tar Bats, Spitballs, and Corked Personalities Rating: 4 out of 5 stars4/5The New Book of Baseball Trivia: More than 500 Questions for Avid Fans Rating: 0 out of 5 stars0 ratingsSummary of David Halberstam's Playing for Keeps Rating: 0 out of 5 stars0 ratingsSummary of Gary Rivlin's Becoming a Sports Agent Rating: 0 out of 5 stars0 ratings7 Foot Man-Eating Chicken Rating: 0 out of 5 stars0 ratingsBill Belichick vs. the NFL: The Case for the NFL's Greatest Coach Rating: 4 out of 5 stars4/5What It Means to Be a Hawkeye: Kirk Ferentz and Iowa's Greatest Players Rating: 0 out of 5 stars0 ratings2014 Baseball Forecaster: And Encyclopedia of Fanalytics Rating: 0 out of 5 stars0 ratingsThe Big 50: New York Yankees Rating: 4 out of 5 stars4/5Ron Shandler's 2023 Baseball Forecaster: & Encyclopedia of Fanalytics Rating: 0 out of 5 stars0 ratingsSayers: My Life and Times Rating: 4 out of 5 stars4/5Managing the Show: Inside the Responsibilities of Major League Baseball's General Managers Rating: 0 out of 5 stars0 ratingsThe 2013 Texas Rangers: A Shutdown Ending Rating: 0 out of 5 stars0 ratingsInexact Science: The Six Most Compelling Draft Years in NHL History Rating: 0 out of 5 stars0 ratingsTales from the Chicago Bulls Locker Room: A Collection of the Greatest Bulls Stories Ever Told Rating: 0 out of 5 stars0 ratingsSummary of Mike Florio's Playmakers Rating: 0 out of 5 stars0 ratingsYou Can Observe A Lot By Watching: What I've Learned About Teamwork From the Yankees and Life Rating: 0 out of 5 stars0 ratingsUnwritten: Bat Flips, the Fun Police, and Baseball's New Future Rating: 4 out of 5 stars4/5Summary of Mark Leibovich's Big Game Rating: 0 out of 5 stars0 ratingsYou're the Umpire: Mind-Boggling Questions to Test Your Baseball Knowledge Rating: 0 out of 5 stars0 ratingsTales from the Detroit Pistons Locker Room: A Collection of the Greatest Pistons Stories Ever Told Rating: 0 out of 5 stars0 ratingsMy Team: Choosing My Dream Team from My Forty Years in Baseball Rating: 3 out of 5 stars3/5The Big 50: Green Bay Packers: The Men and Moments that Made the Green Bay Packers Rating: 0 out of 5 stars0 ratingsCap in Hand: How Salary Caps are Killing Pro Sports and Why the Free Market Could Save Them Rating: 5 out of 5 stars5/5PFGMRx: How To Build An NFL Team If I Were A Pro Football GM Rating: 0 out of 5 stars0 ratings
Sports & Recreation For You
Harvey Penick's Little Red Book: Lessons And Teachings From A Lifetime In Golf Rating: 4 out of 5 stars4/5Peak: Secrets from the New Science of Expertise Rating: 4 out of 5 stars4/5How Am I Doing?: 40 Conversations to Have with Yourself Rating: 5 out of 5 stars5/5The Field Guide to Knots: How to Identify, Tie, and Untie Over 80 Essential Knots for Outdoor Pursuits Rating: 0 out of 5 stars0 ratingsThe New Encyclopedia of Modern Bodybuilding: The Bible of Bodybuilding, Fully Updated and Revis Rating: 5 out of 5 stars5/5Just Tyrus: A Memoir Rating: 5 out of 5 stars5/5How Champions Think: In Sports and in Life Rating: 4 out of 5 stars4/5Ben Hogan’s Five Lessons: The Modern Fundamentals of Golf Rating: 5 out of 5 stars5/5Path Lit by Lightning: The Life of Jim Thorpe Rating: 4 out of 5 stars4/5Advanced Bushcraft: An Expert Field Guide to the Art of Wilderness Survival Rating: 4 out of 5 stars4/5Peak: The New Science of Athletic Performance That is Revolutionizing Sports Rating: 5 out of 5 stars5/5The Pocket Guide to Essential Knots: A Step-by-Step Guide to the Most Important Knots for Everyone Rating: 0 out of 5 stars0 ratingsMind Gym: An Athlete's Guide to Inner Excellence Rating: 3 out of 5 stars3/5The Ultimate Survival Medicine Guide: Emergency Preparedness for ANY Disaster Rating: 4 out of 5 stars4/5The Confident Mind: A Battle-Tested Guide to Unshakable Performance Rating: 0 out of 5 stars0 ratingsAnatomy of Strength and Conditioning: A Trainer's Guide to Building Strength and Stamina Rating: 4 out of 5 stars4/5Arthur: The Dog who Crossed the Jungle to Find a Home Rating: 4 out of 5 stars4/5The Bushcraft Field Guide to Trapping, Gathering, and Cooking in the Wild Rating: 4 out of 5 stars4/5Getting to Neutral: How to Conquer Negativity and Thrive in a Chaotic World Rating: 0 out of 5 stars0 ratingsRugby For Dummies Rating: 5 out of 5 stars5/5Straight Shooter: A Memoir of Second Chances and First Takes Rating: 5 out of 5 stars5/5Body by Science: A Research Based Program to Get the Results You Want in 12 Minutes a Week Rating: 4 out of 5 stars4/5The Ultimate BodyWeight Workout: Transform Your Body Using Your Own Body Weight Rating: 2 out of 5 stars2/5Winning Ugly: Mental Warfare in Tennis--Lessons from a Master Rating: 4 out of 5 stars4/5It Takes What It Takes: How to Think Neutrally and Gain Control of Your Life Rating: 4 out of 5 stars4/5Wooden: A Lifetime of Observations and Reflections On and Off the Court Rating: 4 out of 5 stars4/5The MAF Method: A Personalized Approach to Health and Fitness Rating: 4 out of 5 stars4/5
Reviews for The $29 Million "Tip"
Rating: 0 out of 5 stars
0 ratings
0 ratings0 reviews
Book preview
The $29 Million "Tip" - Sean Gilbert
r1^ book_preview_excerpt.html V6:,Znl7hEE#%,]~I)A)yLky6mnMZǧ_}fsLO'q<>g2C)t&o1m0lh˙sr.!r62t0 A1̓#ҊlC]G
@}Ce