Wednesday, August 2, 2017

Show me the Guaranteed Money

Story by Kent Paisley
Thumbnail by Jerry McGuire

Syracuse, N.Y.- The NFL faces an issue: it doesn't guarantee it's player's contracts. See my video and audio links below on the issue, as well as a transcript of the take. 

Rod Tidwell once asked his agent, Jerry Mcguire, to “Show me the money!”

And the question he should have asked was, “Show me the guaranteed money!”

Currently the NFL does not guarantee its contracts to its players.

Jason Fitzgerald of notes that approximately 15-20% of contracts come to completion, meaning that the player is not cut.

So what happens to the 80-85% of players who do not have their contracts get finished?

They get cut, they make no more money.

So why is this an issue?

Well, part one, the NFL makes so much money.

The NFL made 14 Billion dollars last year.

The NBA? Projected to make 8 billion dollars last year.

The NBA is projected to make eight billion dollars in the 2016-17 season. The NFL made 14 billion dollars.

And let's look at how much the players get paid.

Star running back of the Pittsburg Steelers Le’veon Bell made 12 million dollars last year. This is comparable to Solomon Hill, a replacement level small forward, for the New Orleans Pelicans.

So, where do the players go to start fixing this issue?

Well it starts with head of the Player's Association Demaurice Smith, and asking him, to show them the guaranteed money.

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