Goodell's Revenue-Sharing Memo Eases Small-Market Concerns
NFL Commissioner Roger Goodell sent a memo to each of the 32 teams Monday outlining the plan for increased revenue-sharing among the clubs that he foresees going into effect this season.
The plan was approved by the franchise owners in March in conjunction with their new labor agreement with the players' union. But all the details of the new revenue-sharing system were not completed then.
The owners are to discuss the plan at an Oct. 24 meeting in New Orleans.
Goodell's memo eased the concerns of some owners, like the Buffalo Bills' Ralph Wilson, who have been uneasy that the revised system will not properly address the needs of small-market franchises. Wilson and the Cincinnati Bengals' Mike Brown were the only two owners to vote against the labor and revenue-sharing settlement in March.
Goodell's memo included the formula by which teams will pay into the program. Goodell and a committee of owners still are in the process of establishing the criteria under which clubs will receive revenue-sharing payments under the new system.
By Mark Maske |
October 11, 2006; 1:35 PM ET
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