LordHelmet
Registered User
Owners want to tie player salaries to revenues. Put the shoe on the other foot - Would owners be willing to tie their profits to revenues?
Based on the Levitt numbers ($2.1B revenues, $775M operating costs) and what the league is proposing (54% hard linkage) the owners would take home 9% of revenues as profit.
So lets use that as a guide. Agree on an accounting system. Then take revenues minus operating costs and divide that up between the owners & players.
Using the owners proposed ratio of 9/54, you'd divide it up 16.6% to the owners and 83.4% to the players. Change it from a hard number into a range (say 81%-85% with a stiff, time adjusted tax starting at 84%)
Based on the Levitt numbers ($2.1B revenues, $775M operating costs) and what the league is proposing (54% hard linkage) the owners would take home 9% of revenues as profit.
So lets use that as a guide. Agree on an accounting system. Then take revenues minus operating costs and divide that up between the owners & players.
Using the owners proposed ratio of 9/54, you'd divide it up 16.6% to the owners and 83.4% to the players. Change it from a hard number into a range (say 81%-85% with a stiff, time adjusted tax starting at 84%)