Union Rejects N.F.L.’s Offer to Share More Financial Data
By JUDY BATTISTA
NYT
N.F.L. players union officials on Tuesday rejected an offer from the owners to turn over audited profitability data from all 32 teams for the past several years. The offer, made Monday night, was the first time the owners indicated a willingness to share financial information with the players beyond what is required by the collective bargaining agreement.
Union leaders told the owners’ negotiating committee that they wanted each club’s audited full financial statements, according to two people who were briefed on the talks.
The standoff could significantly hamper negotiations because union officials have indicated they will not make any more financial concessions without receiving fully audited financial statements, data it has been seeking for nearly two years.
One person involved in the negotiations called full financial disclosure a potential “silver bullet” in the negotiations.
(More here.)
NYT
N.F.L. players union officials on Tuesday rejected an offer from the owners to turn over audited profitability data from all 32 teams for the past several years. The offer, made Monday night, was the first time the owners indicated a willingness to share financial information with the players beyond what is required by the collective bargaining agreement.
Union leaders told the owners’ negotiating committee that they wanted each club’s audited full financial statements, according to two people who were briefed on the talks.
The standoff could significantly hamper negotiations because union officials have indicated they will not make any more financial concessions without receiving fully audited financial statements, data it has been seeking for nearly two years.
One person involved in the negotiations called full financial disclosure a potential “silver bullet” in the negotiations.
(More here.)
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