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Report: NFL settles revenue-sharing issue
This is potentially a franchise saver for keeping the Bills in Buffalo.
This is potentially a franchise saver for keeping the Bills in Buffalo.
The National Football League committee assigned to create a system for needy teams to tap a new revenue-sharing pool has reached an agreement, sources told the SportsBusiness Journal.
The deal comes as owners gather for the NFL's annual metting in Phoenix.
The issue has been a major source of concern for the Buffalo Bills. Owner Ralph Wilson has questioned the long-term viability of the franchise in Buffalo without a settlement that is favorable to small-market teams such as the Bills.
The committee has been struggling for months to arrive at a solution on how to distribute up to $900M over six years to low-revenue clubs. High-revenue clubs wanted more performance hurdles built into the system, while many teams in smaller markets complained they would be penalized for market size. Details of the decision of the eight-team committee, which includes the Bills, could not be determined.
The full ownership must still approve the committee's recommendation, but it is very rare for the league to ignore a committee recommendation. If the committee's recommendation does not get the 24 owner votes necessary to win approval, then Commissioner Roger Goodell would decide the issue. However, that appears unnecessary now.