The NFLPA Provides “The Economic Truth About The New NFL CBA”
There are plenty of great gatherings of Sports Law professionals and students interested in Sports Law, but year after year, the best event is the annual Sports Lawyers Association conference. This year’s conference was held last week in San Diego, California.
The NFL Players Association typically holds its Certified Contract Advisor Session just prior to the “Breakout Sessions.” I put forth my best efforts to get inside of the session, even though I am not certified as a Contract Advisor by the NFLPA (nor do I have any desire to be). Unfortunately, the lady at the desk in front of the room denied my entrance (and she was not very nice about it, either).
Anyhow, I was able to get my hands on a document that the NFLPA handed out to its Contract Advisors at the meeting (a scanned copy of the document is embedded at the bottom of this post). Titled, “The Economic Truth About The New NFL CBA,” the document provides bullet-points containing the “hard economic facts,” which are meant to reassure Contract Advisors that the players’ representatives (the union) did a good job at the bargaining table.
Basically, the NFLPA states that teams are spending more money on players (in cash and benefits), which includes an increase in the percentage of guaranteed money. The guaranteed money increase appeared to be so significant that the NFLPA printed the same information in two separate bullet-points.