NFL Reportedly Withheld Millions in Shared Revenue from Players

February 23, 2016   ·   Scott Polacek   ·   Jump to comments

The NFL reportedly kept a significant amount of money from the NFL Players Association, according to Matthew Futterman of the Wall Street Journal.
Citing Futterman, Frank Schwab of Yahoo Sports noted that "arbitrator Stephen Burbank ruled last week that the NFL withheld about $120 million in ticket revenue from a shared pool, which the report said kept about $50 million in salary from players."
Continuing to cite the Wall Street Journal, Schwab wrote that "the dispute came from a provision in the collective bargaining agreement that allows teams to exclude money from the shared pool from personal seat licenses, premium seating and naming rights to stadiums."
That income is frequently used to finance new stadiums, and the NFLPA discovered the withheld money during an audit of the NFL's finances.
"They created an exemption out of a fiction, and they got caught," NFLPA executive director DeMaurice Smith said, per Futterman.

NFL spokesman Brian McCarthy said th...

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