Curious to hear your answer to two questions:
1. Should the owners have asked for the players' individual financial records when they were negotiating an increase in the revenue sharing during the last negotiations? Maybe the owners need to interrogate the players' financial records to determine if they even have to hold themselves to $1 or $2 billion. Maybe they should take $4 billion off the top for expenses. Why do the players need so much? Maybe the players should open up their books to prove that they need it.
Come on, man. The players don't have any football expenses, so there are no books to look at. Personal expenses are irrelevant. Some of the discussion in this thread has been very good, but sometimes it gets kind of silly.
The point is that it
is silly. Expenses are irrelevant. Books have never been opened before. they won't be open now. The players do not need to see the owners books. this is a game, and it is silly.
Expenses aren't irrelevant.In a competitive market, business owners make a normal return on their investment. If they make more than that, others enter the market and bid up labor and other costs and/or reduce prices. (If they make less than that, some will close up shop and move into other industries instead.)
That's how the NFL market for labor would work in the absence of a collective bargaining agreement. Teams would bid away talent from each other until their profits were reduced to a normal level.
But with a CBA and a salary cap, that kind of market pressure doesn't exist. There's no natural mechanism that sets player salaries at a level that keeps owners in the range of normal profits. On the contrary, owners can obtain supernormal profits by artificially limiting salaries.
But why would the players agree to that? They wouldn't. They're entitled to antitrust protection against it. In order to give up that antitrust protection, they need to satisfy themselves that they're not being taken advantage of — that the owners are not keeping supernormal profits by artificially suppressing wages. The only way to determine that is to look at the profits they're making. Revenues minus expenses. They are not irrelevant.
(With a CBA, the owners and players should both make more than they otherwise would, which is why both sides will agree to it. So the owners should make more than a normal return on investment. How much more is a question to be negotiated. But it can't be negotiated blindly; the players need financial info in order to negotiate competently. They don't need as much info as they're asking for; but they need enough to negotiate competently.)