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redwhiteANDblue
04-13-2010, 12:21 AM
http://www.youtube.com/watch?v=rIDitCG3HOI

I didn't know where to put this so please move it if necessary.

Wolf
04-14-2010, 04:53 PM
According to Houston Texans' owner Bob McNair, the NFL needs a bailout, and NFL teams are running out of money.

When asked why teams were not spending on free agents, McNair replied, "Most teams are stressed economically and do not have the money."

In today's economy, this is a believable statement, even coming from one of America's richest men.

Bob McNair was wealthy long before the Houston Texans—electricity, real estate, and biotechnology investments gave him more than enough money to bring the league's 32nd team to Houston.





http://bleacherreport.com/articles/378354-nfl-labor-bob-mcnairs-words-ring-hollow-while-nfl-books-still-closed

Second Honeymoon
04-14-2010, 04:59 PM
wahhhh wahhhh
i have only increased the value of my franchise $500 million in 8 years
wahhhh wahhhh

when we don't have football in 2011, you can thank McNair to a large extent

it seems like the other owners have money to bring in new players while retaining their own...what up McNair? what are they doing that you arent' doing? maybe they know that putting money into the product will deliver returns. i just hope McNair being the face of the greedy owners isn't going to hurt us in UFA and our own contract negotiations/talent recruiting. you gotta pay to play Bob....thought you would have learned after 8 years....but you hit 9-7...throw a freaking parade

is it just poor management or poor ownership...or both

i cant believe this guy is whining about money as an NFL owner...they are making money hand over fist on the TV deal alone

i guess 1/2 a billion in 8 years just isn't enough of a return on his investment...whatever Bob

its just pathetic for billionaires to yell poverty and ask for bailouts or rollbacks or whatever...just pathetic

Wolf
04-14-2010, 05:11 PM
wahhhh wahhhh
i have only increased the value of my franchise $500 million in 8 years
wahhhh wahhhh

when we don't have football in 2011, you can thank McNair to a large extent

it seems like the other owners have money to bring in new players while retaining their own...what up McNair? what are they doing that you arent' doing? maybe they know that putting money into the product will deliver returns. i just hope McNair being the face of the greedy owners isn't going to hurt us in UFA and our own contract negotiations/talent recruiting. you gotta pay to play Bob....thought you would have learned after 8 years....but you hit 9-7...throw a freaking parade

is it just poor management or poor ownership...or both

i cant believe this guy is whining about money as an NFL owner...they are making money hand over fist on the TV deal alone

i guess 1/2 a billion in 8 years just isn't enough of a return on his investment...whatever Bob

its just pathetic for billionaires to yell poverty and ask for bailouts or rollbacks or whatever...just pathetic

Is bob the only owner in the NFL or are there 31 others? I forgot .. ''

(I took the whole article as what the owners as a whole were thinking (being Bob is on the committee))




Does the NFLPA trust the NFL in saying that is it really paying its fair share—60 percent?

The only number that the NFLPA knows concretely is the total revenue—the number used to calculate the salary cap. However, the number in question is how much of that total revenue is expenditure and how much is operating profit.

The only open books in the NFL are those of the Green Bay Packers—publicly held by shareholders (i.e. the people of Green Bay, Wis.). The Packers had an operating profit of $20.1 million in the 2009 fiscal year.

The Packers are a small-market team, ranking 17th in the NFL in terms of total worth.

Forbes estimates the operating income of the Washington Redskins, the second-ranked franchise, at $90.3 million.

But the NFLPA can't go off of Forbes' estimations and is forced to accept what the NFL says it owes. As the NFL continues to grow—exponentially by many estimations—the NFLPA has no idea what their share should be.

Texan_Bill
04-14-2010, 05:12 PM
Bob also forgot to mention that free agency might be slow because when the best cornerback FA on the market was Dunta Robinson, it's an extremely weak-ass FA class.

Texan_Bill
04-14-2010, 05:16 PM
Is bob the only owner in the NFL or are there 31 others? I forgot .. ''

I took the whole article as what the owners as a whole were thinking ..

Meh, Bob did what he needed to do and that was get rid of an overpriced, average at best, player and retain the services of the guys we need with the exception of OD... And that will get done.

ArlingtonTexan
04-14-2010, 05:39 PM
I should be amazed that the cut and paste version of this got attention when the full was ignored. Threads will be merged


http://www.texanstalk.com/forums/showthread.php?t=71075

Big Lou
04-14-2010, 06:06 PM
wahhhh wahhhh
i have only increased the value of my franchise $500 million in 8 years
wahhhh wahhhh

when we don't have football in 2011, you can thank McNair to a large extent

it seems like the other owners have money to bring in new players while retaining their own...what up McNair? what are they doing that you arent' doing? maybe they know that putting money into the product will deliver returns. i just hope McNair being the face of the greedy owners isn't going to hurt us in UFA and our own contract negotiations/talent recruiting. you gotta pay to play Bob....thought you would have learned after 8 years....but you hit 9-7...throw a freaking parade

is it just poor management or poor ownership...or both

i cant believe this guy is whining about money as an NFL owner...they are making money hand over fist on the TV deal alone

i guess 1/2 a billion in 8 years just isn't enough of a return on his investment...whatever Bob

its just pathetic for billionaires to yell poverty and ask for bailouts or rollbacks or whatever...just pathetic



Just because the value of the team has increased doesn't mean that he is richer right now. Before the Real Estate bubble burst my house increased in value, but since I wasn't selling it it's just value on paper. After the bubble burst my house is worth less than I owe, so am I rich now? Hell no, I've lost my ass, but I took a risk by buying a house.

Bob McNair is entitled to make a profit, it doesn't matter if it's 1% or 50%. If he's not making more than 6% a year, he might as well sell the team and invest is something with a safe 6% yield. Bob took all the risk with his money so he is entilted to the money, that's capitalism!! If we don't like it we don't have to buy the product.


Is your stance that players don't make enough money, or just that Bob isn't running the team like Daniel Schneider in DC?

I haven't read the article yet, but I'm sure McNair was using a figure of speach about a "Bail Out".

toronto
04-14-2010, 06:35 PM
I call BS on any owner crying poverty.

I'm not an accountant, but the NFL pulls in the following on their TV deals per season

1.1B from NBC and ESPN
plus 2.2B from the other networks (CBS, Fox) per season.

So the league earns approximately $300M per team just from their TV deals, which doesn't account for a dime on radio, merchandising, gate revenue etc.

So I'm going to pull out Mr. Pink's violin for Bud, Bob and the rest of these owners, that are trying to wage a PR war to shut down the NFLPA over rookie wages etc.

Sorry guys, I'm not listening, because you're full of crap.

awtysst
04-14-2010, 06:48 PM
One of the problems facing players is that they have VERY few options. In this case, most if not all the strength are with the owners. Yes players made a lot of $ are are multimillionaires, but players tend to also splurge and spend big $. How long can they really live large when they are not making any $? How much do they have in savings? Unless they were smart with their money or were in a Manning like contract, I am sure most if not all will have to make lifestyle adjustments.

In contrast many of the owners are BILLIONAIRES. They can easily ride out the storm and not have to make any real lifestyle changes. The other issue to consider is the players have no other football options. If their skill is playing football, where else can they go? Outside of the CFL and AFL II, what other football leagues are there? If you were a doctor and you did not like the working conditions at your hospital, after your contract was through, you could pick up and go to another hospital. If you are a WR, you don't have a lot of options available.

Texan_Bill
04-14-2010, 07:35 PM
One of the problems facing players is that they have VERY few options. In this case, most if not all the strength are with the owners. Yes players made a lot of $ are are multimillionaires, but players tend to also splurge and spend big $. How long can they really live large when they are not making any $? How much do they have in savings? Unless they were smart with their money or were in a Manning like contract, I am sure most if not all will have to make lifestyle adjustments.

In contrast many of the owners are BILLIONAIRES. They can easily ride out the storm and not have to make any real lifestyle changes. The other issue to consider is the players have no other football options. If their skill is playing football, where else can they go? Outside of the CFL and AFL II, what other football leagues are there? If you were a doctor and you did not like the working conditions at your hospital, after your contract was through, you could pick up and go to another hospital. If you are a WR, you don't have a lot of options available.

I'm all for players making all they can get while playing. What they make is a drop in the bucket compared to the owners and the league.

That's where it ends (and not flaming you here).

In defense of the billionaire owners, how many got rich from their teams? Wouldn't one have to have money before owning an NFL team. That means they were generally successful in business.

PLayers are afforded opportunities that none of us are. Most of them go to school - just like the rest of us. The difference? While their playing careers may get cut short, they had an opportunity to make way more money than a average college student that just graduated... I guess, at the end of the day, they'll have to manage their money better or, gasp, get a job and work for a living like the rest of us.

Big Lou
04-14-2010, 11:07 PM
Just did the math if the Franchise is worth $1.2 Billion, then a 5% return on investment would be $60 million. So if the Skins are 2nd and bring in $90 million and the Packers are bringing in $20 million and are 17th, I would say that it's a good guesstimate for his profit would be around $60 million. A 5% profit from your investment is not really excessive.

I wouldn't feel bad for McNair if he was barely making a profit, but on the flip side I don't fault him for making millions. The NFL is not a charity.

I'm all for the players making every thing they can, but they are employees, and although they take a risk with their bodies and thus their careers, the employer is the one with all the exposure. If something were to happen and the Franchise was sued (I know this is far fetched, but it's the point.) who would pay, Bob, or the Players? Bob, would and could theoretically be bankrupted, while the players, and coaches would walk away to continue on.

This society needs to get it's hands out of each others pockets. Unless someone that is rich is taking advantage of people then they can do what ever the hell they want.

steelbtexan
04-14-2010, 11:25 PM
Just did the math if the Franchise is worth $1.2 Billion, then a 5% return on investment would be $60 million. So if the Skins are 2nd and bring in $90 million and the Packers are bringing in $20 million and are 17th, I would say that it's a good guesstimate for his profit would be around $60 million. A 5% profit from your investment is not really excessive.

I wouldn't feel bad for McNair if he was barely making a profit, but on the flip side I don't fault him for making millions. The NFL is not a charity.

I'm all for the players making every thing they can, but they are employees, and although they take a risk with their bodies and thus their careers, the employer is the one with all the exposure. If something were to happen and the Franchise was sued (I know this is far fetched, but it's the point.) who would pay, Bob, or the Players? Bob, would and could theoretically be bankrupted, while the players, and coaches would walk away to continue on.

This society needs to get it's hands out of each others pockets. Unless someone that is rich is taking advantage of people then they can do what ever the hell they want.

I would be with you if Bob's team was a winning/playoff team.

dalemurphy
04-14-2010, 11:26 PM
The characterization that Bob McNair is "whining about poverty" is a clear distortion. He was asked why more money hasn't been thrown around in free agency. Essentially, his answer is that budgets are tight. That's hardly a cry for sympathy. He's just answering the question as to why owners aren't spending like they have in the past.

give me a break!

NitroGSXR
04-15-2010, 12:20 AM
Who owns the Packers?

The people of Green Bay? Wow. That sounds pretty frickin' kickass to me...

m5kwatts
04-15-2010, 01:00 AM
Who owns the Packers?

The people of Green Bay? Wow. That sounds pretty frickin' kickass to me...

That doesn't mean joe shmoe can walk into Ted Thompson's office and demand they trade their 1st rounder for Steven Jackson... its like shareholders in stock...

ObsiWan
04-15-2010, 01:17 AM
That doesn't mean joe shmoe can walk into Ted Thompson's office and demand they trade their 1st rounder for Steven Jackson... its like shareholders in stock...

Agreed. If any given fan doesn't like the way the team is being run, he/she has the option to sell their Packer shares, take that money and do something else with it.

if we don't like the way the Texans are being run, we have the option to take our money and do something else with it

...like go watch the Astros

wait... errr, the Rockets?

no... ummm.... The Dynamo...??
:D

Big Lou
04-15-2010, 10:25 AM
Who owns the Packers?

The people of Green Bay? Wow. That sounds pretty frickin' kickass to me...

I wrk wth a guy from Wisconin, and he owns Packer Stock. That is petty kick ass. I also work with a Dallas Fan, and he always says "We made this trade, or we this and we that", and people that aren't NFL fans always mock him because he doesn't "own the team" so they say it's not his.

Wel if you own stock, it is your team. As another poster said, that truely kicks ass!!!

Malloy
04-15-2010, 10:38 AM
I would absolutely LOVE it if I could just buy a 1/1000000000 of the team, does not matter that I would have zip influence, it would still be 'my' team! :)

Section516
04-15-2010, 11:14 AM
Agreed.

But IIRC, this no longer can happen. The rules were changed and Green Bay was grandfathered in.

badboy
04-15-2010, 11:32 AM
Do you hear that terrible honking? It is the goose that lays golden eggs being choked. I hope both owners and management/players realize the great thing they have. I believe most owners would be successful financially if they did not have the team. How many of the players could land a job even with their degrees? Sure some go on to be attorneys or doctors or "communication experts" but many land jobs for publicity that benefits their new employers. How much sausage would Earl Campbell sell if he had not been an NFL great?

I think many workers in the "real world" have had a rude awakening in the last few years. I mean there you are complaining about the boss, the low pay, poor benefits, too much work then BAM! you are living on unemployment and wishing you had that cruddy job back.

The rookie wage will be scaled radically back benefitting owners, some pre-season games will become regular season and owners will pat themselves on the back for a season and then go back to complaining that they need financial relief; and yes, they will continue to thow ridiculous contracts at players.

steelbtexan
04-15-2010, 11:48 AM
BoB is one of the leaders of the pack when it comes to the new CBA.

If there's not football in 2011. Uncle BoB will have had a major hand in a NFL less 2011.

I guess 500 mil in 8 yrs isn't enough of a return on his $.

Greed is good. NOT!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!

LOL

dalemurphy
04-15-2010, 02:26 PM
BoB is one of the leaders of the pack when it comes to the new CBA.

If there's not football in 2011. Uncle BoB will have had a major hand in a NFL less 2011.

I guess 500 mil in 8 yrs isn't enough of a return on his $.

Greed is good. NOT!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!

LOL

He was also central to striking the deal last time around. He came up with the compromise that brought owners like Ralph Wilson into the fold in the 12th hour.

I wonder if you will be crediting Bob if and when a new CBA is reached before a lockout since he is "one of the leaders of the pack".

steelbtexan
04-15-2010, 02:29 PM
He was also central to striking the deal last time around. He came up with the compromise that brought owners like Ralph Wilson into the fold in the 12th hour.

I wonder if you will be crediting Bob if and when a new CBA is reached before a lockout since he is "one of the leaders of the pack".

Sure I will.

Texan_Bill
04-15-2010, 11:21 PM
He was also central to striking the deal last time around. He came up with the compromise that brought owners like Ralph Wilson into the fold in the 12th hour.

I wonder if you will be crediting Bob if and when a new CBA is reached before a lockout since he is "one of the leaders of the pack".

Wow, how that is soooo forgoten. :)

threetoedpete
04-16-2010, 01:36 PM
I would absolutely LOVE it if I could just buy a 1/1000000000 of the team, does not matter that I would have zip influence, it would still be 'my' team! :)

You kinda just did when you voted for the Houston Sports Association. You won/bought a piece of the billion and something public debt we absorbed by building the three, and now four stadiums with bond money. If you live in Harris county everyone and their grandchildren will be dead and gone before that debt is paid off. And just judging by the vigor applied to the public debt with the Astro Dome, it's up in the air whether it will ever be paid off.

threetoedpete
04-16-2010, 01:50 PM
BoB is one of the leaders of the pack when it comes to the new CBA.

If there's not football in 2011. Uncle BoB will have had a major hand in a NFL less 2011.

I guess 500 mil in 8 yrs isn't enough of a return on his $.

Greed is good. NOT!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!

LOL

Well form my perspective when the players brought in an Obama hatchet man the fate of 2011 season was already sealed. Bob McNair had nothing to do with that vote. Paying 100 million to players with shaky shoulders which is what is about to transpire with Bradford, is a system spiraling out of control. The current vet minimum is 800 and something K . I know of no other entertainment nor sporting industry who affords, even with the risks, of those involved a better pay day. After five years you are vested and get a very nice check for the rest of your life. Everyone would like to own an NFL team. But no one wants to talk about the start up capitol required to do it. McNair took the fair risk and he deserves his fair reward. I do not begurde him his right to protect his capitol investment the best way he sees fit. and if that means a lock out, I support him 100%. And if you don't like the results, guess what ? You too can find a half a billion in seed money and just start your own football league. Free country, at least for now. Why the heck not ? No one wants to talk about the capitol risks the original owners took when they formed the NFL or the American Football League. Nor the other leagues formed to challenge the NFL who failed. They didn't call the American football league the foolish club for nothing. All of them bleed red ink. And a few of them went broke. And i didn't see your granddaddy running up handing them out support (cash) to the United States Football league when they were losing money,all of them and went broke. This October American Needle will decide once and for all what is and is not true about the NFL. If the NFL is a collective of single entities, the players can go suck eggs. Go work at sears and see if they can generate 800K in income selling washers and dryers.

Malloy
04-17-2010, 01:21 AM
You kinda just did when you voted for the Houston Sports Association. You won/bought a piece of the billion and something public debt we absorbed by building the three, and now four stadiums with bond money. If you live in Harris county everyone and their grandchildren will be dead and gone before that debt is paid off. And just judging by the vigor applied to the public debt with the Astro Dome, it's up in the air whether it will ever be paid off.

Unfortunately I live in Denmark, so no Texans for me :)

Also, how would you feel if the team were on 'foreign' hands? :)

Second Honeymoon
04-17-2010, 07:57 PM
Unfortunately I live in Denmark, so no Texans for me :)

Also, how would you feel if the team were on 'foreign' hands? :)

are they committed to winning a championship and willing to spend the money to put the players and coaches together to do so?

if so, the dude could be from Mars and I wouldn't care at all. Just win, baby.

NitroGSXR
04-17-2010, 08:18 PM
That doesn't mean joe shmoe can walk into Ted Thompson's office and demand they trade their 1st rounder for Steven Jackson... its like shareholders in stock...
I realize that. I'd still like to be a shareholder.

JB
04-17-2010, 08:22 PM
I realize that. I'd still like to be a shareholder.

That would be cool!

gary
04-17-2010, 08:48 PM
Oh my, how cheap Bob is.

imatexan
04-17-2010, 11:44 PM
Oh my, how cheap Bob is.

Ya he only put hundreds of millions into getting the city of Houston a team :hmmm:

Texan_Bill
04-18-2010, 12:02 AM
Ya he only put hundreds of millions into getting the city of Houston a team :hmmm:


After his initial investment of $ 750,000,000.00 and an additional $115,000,000.00 investement in the construction of Reliant Stadium..


What a cheap bastard because Reliant Energy signed on to pay $ 300,000,000.00 over the next 30 years...

Bob is a cheap sumbitch!





:sarcasm:

Goldensilence
04-18-2010, 10:27 PM
Here's my deal....if owners really are struggling much as they keep alluding to then why not open up the books for everyone to see.

Other thing I think most people know that owners aren't getting more uber rich by owning a team, but they certainly aren't pinching pennies in their lives like the bulk of people that buy tickets for their teams.

threetoedpete
04-18-2010, 10:49 PM
Unfortunately I live in Denmark, so no Texans for me :)

Also, how would you feel if the team were on 'foreign' hands? :)

You got 800 Million and of reasonable character, there are two franchises in trouble and on the block. Better you put up a billion to build a stadium in L.A. they won't give a damn if you are from from Bum F. Egypt. They'll work something out.