{"id":21118,"date":"2011-03-03T01:01:01","date_gmt":"2011-05-23T18:03:00","guid":{"rendered":""},"modified":"2011-05-23T18:03:00","modified_gmt":"2011-05-23T18:03:00","slug":"will_nfl_kill_the_golden_goose","status":"publish","type":"post","link":"https:\/\/www.rushlimbaugh.com\/daily\/2011\/03\/03\/will_nfl_kill_the_golden_goose\/","title":{"rendered":"Will NFL Kill the Golden Goose?"},"content":{"rendered":"
\n

RUSH: In the meantime we go to Chicago. This is Matt. Great to have you on the EIB Network, sir. Hello.<\/p>\n

CALLER: Mega Rush dittos.<\/p>\n

RUSH: Thank you, sir.<\/p>\n

CALLER: Hey, so… (sigh) Okay, so I got a question. So the NFL may be going into a lockout here.<\/p>\n

RUSH: Yeah.<\/p>\n

CALLER: Now… (sigh) I\u2019m an NHL fan actually I\u2019m more partial to hockey, so I\u2019ve already lived through a lockout. Now, can you describe to me the parallels between the NFL\u2019s potential lockout and the Wisconsin mess?<\/p>\n

RUSH: The parallels between the NFL\u2019s potential lockout and the Wisconsin mess. Now, clearly if you have this question you must see some parallels. I had not made the association yet.<\/p>\n

CALLER: Well —<\/p>\n

RUSH: ‘Cause I\u2019m not sure there\u2019s going to be a lockout. I… (sigh) I know, and have spoken to a lot of people — owners and so forth — and they are uniform in their story, and they have been to me for a year and a half. ‘There ain\u2019t gonna be a lockout, there ain\u2019t gonna be a lockout,\u2019 and it isn\u2019t about… Everybody misunderstands, I think, what this is about, including the sports media covering this. Let me say some things, and you tell me if I\u2019m getting close to your parallel.<\/p>\n

CALLER: Okay.<\/p>\n

RUSH: The sports media is reporting here that you got a $9 billion pie, the NFL gets the first billion off the top and the owners now want the second billion. Right now the owners get a billion, the players and owners split it basically 60-40, and the sports media\u2019s running around saying, ‘The owners, they\u2019ve got enough money. They think they don\u2019t have enough, they want more money, and I keep saying, ‘It\u2019s not really so much about the money, it\u2019s the 60-40 split they can\u2019t live with. They can\u2019t live with, long-term, this thing they got saddled with in 2006 with Tagliabue, with the players getting 60% and the owners getting 40. There\u2019s talk, ‘Well, Rush, you gotta understand here these NFL players are partners.\u2019 They\u2019re not partners.<\/p>\n

CALLER: Right.<\/p>\n

RUSH: They don\u2019t invest anything.<\/p>\n

CALLER: Right.<\/p>\n

RUSH: They are employees.<\/p>\n

CALLER: Yeah.<\/p>\n

RUSH: I got nothing against them. The league wouldn\u2019t exist without \u2019em, I don\u2019t want anybody to misunderstand here. The strict business definition is they\u2019re not in ‘partnership\u2019 here. They don\u2019t make any investment unless you want to say allowing the NFL to take its billion off the top of the pie is their contribution, but there\u2019s no personal investment from these guys into the infrastructure that makes the game possible.<\/p>\n

CALLER: Right.<\/p>\n

RUSH: Okay? Now, I think the owners, all this talk about a lockout? Pshew. Everybody in this games knows that they\u2019re sitting on top of the biggest golden goose ever.<\/p>\n

CALLER: Oh, yeah.<\/p>\n

RUSH: Most popular golden goose there\u2019s ever been and they\u2019re in the midst of some bad PR from the Super Bowl, they made some moves there that looked like pure greed, selling seats that eventually weren\u2019t available because they weren\u2019t safe. This lockout business, you know, the one thing the owners know, it does them no good for the public to side with the owners. Does them no good, it does them no good. I remember being with the Kansas City Royals during a threatened strike, and I remember sitting around listening some of the management people, and they were loving the fact that the public was blaming greedy players. And I said ‘Gang, this is not helping us. That\u2019s who we sell. We don\u2019t want \u2019em hating the players. It would be better if they hated us, \u2019cause they\u2019re still gonna come out and see our product, then, but we don\u2019t want \u2019em hating the players.\u2019<\/p>\n

CALLER: Right.<\/p>\n

RUSH: That\u2019s why I say, the NFL does not want the public hating the players if there\u2019s a contest there. But the owners don\u2019t want to be hated, either. It\u2019s — it\u2019s —<\/p>\n

CALLER: Well, but the owners, they\u2019re the ones that, quote, unquote, ‘have skin in the game,\u2019 since they\u2019re the investor.<\/p>\n

RUSH: Yeah. Yeah, they do. In a strict definitional sense, yes.<\/p>\n

CALLER: Yeah. I mean, not to say that they\u2019re the ones out there, you know, getting beat up in the game. That\u2019s the players. But the players don\u2019t invest anything. They\u2019re just getting paid to provide entertainment.<\/p>\n

RUSH: AND to take huge physical risks.<\/p>\n

CALLER: Right, and not to diminish that, because they do things I wish I could do on the field, but at the same time the owners are the ones that are gonna, you know, be in the poorhouse if things go belly up. The players, they can just go find another team.<\/p>\n

RUSH: Ahhhhhhh. Well, now, wait a minute, that\u2019s interesting. You say if an owner goes belly up —<\/p>\n

CALLER: Right. They\u2019re gonna go in the poorhouse.<\/p>\n

RUSH: Well, if that happens they\u2019ll sell the team; there\u2019s gonna be a new owner. That\u2019s not gonna affect the player.<\/p>\n

CALLER: No. No.<\/p>\n

RUSH: I mean, a team is not gonna cease to exist because an owner hits the poorhouse.<\/p>\n

CALLER: No. But if the team went belly up and they had to sell it then, you know, they have to sell it. The player, they can just go to another team.<\/p>\n

RUSH: Well, theoretically. That\u2019s not all that easy.<\/p>\n

CALLER: No, no.<\/p>\n

RUSH: Moving around, what with free agency and —<\/p>\n

CALLER: No —<\/p>\n

RUSH: — there\u2019s a limited number of slots available. But what is your parallel here? What do you see as a parallel to Wisconsin in this?<\/p>\n

CALLER: So in Wisconsin you have teachers who are getting paid basically benefits that in the private sector they could never, ever even get. I mean no company would ever give them, you know, free health care or, you know, all the — I don\u2019t even know what\u2019s really true out there, but the teachers are essentially similar to the players, in my opinion. And the people in Wisconsin are essentially like the owners in the NFL.<\/p>\n

RUSH: Okay, the owners —<\/p>\n

CALLER: Yeah.<\/p>\n

RUSH: — are paying the teachers; i.e., the owners are paying the players.<\/p>\n

CALLER: Right. And — and —<\/p>\n

RUSH: In the NFL the owners are not paying their players lifetime salaries, lifetime health care, lifetime pensions.<\/p>\n

CALLER: Right, right.<\/p>\n

RUSH: Although they do contribute. They are trying to build up that retired players pension fund, and there are arguments over the contributions to it.<\/p>\n

CALLER: Right. So in the NFL parallel, the viewers, the fans are like the students in the classes that aren\u2019t getting taught. We wouldn\u2019t get to see the NFL. The students wouldn\u2019t be able to have class and be able to get an education.<\/p>\n

RUSH: Yeah. Let me ask you a question.<\/p>\n

CALLER: Mmm-hmm?<\/p>\n

RUSH: What would you rather lose, school or the NFL?<\/p>\n

CALLER: (laughing) <\/p>\n

RUSH: Frankly I\u2019d be more depressed if I lost football. (laughing)<\/p>\n

CALLER: Depends on the classroom, I guess. I mean if it was any poli-sci class, yeah, I\u2019d rather be watching football.<\/p>\n

RUSH: I see how you\u2019re thinking. You can come up with some parallels, I guess. We are the owners in Wisconsin. Maybe we ought to be the ones that do the lockout. We are relying on our ‘negotiators,\u2019 i.e., the governor and the members of Congress, their legislature to do our bidding: Lockout. Fascinating. I\u2019m Today\u2019s D-Day, midnight tonight\u2019s D-Day for a lockout. I\u2019m just not sure there\u2019s gonna be one simply because everybody else is so convinced there\u2019s gonna be one. <\/p>\n

BREAK TRANSCRIPT<\/p>\n

RUSH: So the question came from Ben Feller, who is the AP White House correspondent. He asked this long question. The question is longer than Obama\u2019s answer. I\u2019m not gonna read the question to you. I\u2019m just gonna tell you that 90% of the question is about Libya, and then the throwaway second part of the question is about the NFL on the brink of a complete shutdown tonight over the labor dispute. He wants to know if Obama would be willing to personally intervene, and if not why not.<\/p>\n

OBAMA: My working assumption at a time when people are having t\u2019cut back, compromise, aaand, uh, worry about making the mortgage aaand paying for their kids\u2019 college education is that the two parties should be able to work it out without the president of the United States intervening. I\u2019m a big football fan, but, uh, I also think that for an industry that\u2019s making $9 BILLION a year in revenue, uh, they can figure out how to divide it up, uh, in a sensible way. My expectation and hope is — is that they will have resolve it, uh, without, uh, me intervening because it turns out I\u2019ve got, uh, a lot of other stuff to do.<\/p>\n

RUSH: Ohhhh, yeah, ‘a lot of other stuff to do,\u2019 like wrecking the US economy for everybody else. By the way, that $9 billion is not profit. He said ‘make,\u2019 it\u2019s ‘an industry making $9 billion a year in revenue,\u2019 generating $9 a year in revenue and they\u2019re fighting over how to divvy it up. That\u2019s the gross. That\u2019s the gross. Here\u2019s the problem that the owners have, and I\u2019m not really taking sides in this thing \u2019cause at some point it\u2019s gonna get settled. Everybody knows this is a big, big business at its peak of popularity and at the end of the day (which is September) they\u2019re not gonna destroy it, all right? It\u2019s gonna get settled at some point. But here\u2019s the deal. These teams are being valuated, on average at a billion dollars, but that\u2019s when you sell it. <\/p>\n

One team, the Packers, the Green Bay Packers — the only team, quote, unquote, ‘publicly owned,\u2019 so they release their books. The Packers\u2019 operating profit was $9 million. Now, a $9 million profit on a $1 billion industry is very small. Now, it\u2019s $9 million in profit and that\u2019s nothing to sneeze at, but you\u2019re not buying that business to live off of it. You buy that for resale, and as these things keep escalating in value, the pool of people individually — the NFL does not want corporate ownership. The pool of people that have that kind of money to buy these teams is not all that large. Now, that $9 billion, currently, there\u2019s a billion taken off the top. <\/p>\n

The owners get that for stadiums, infrastructure, investment, modernizing facilities. It\u2019s operational money. So that takes it to $8 billion, and they split that 60-40. Players get 60; owners get 40. Now, the owners are asking for another $2 billion off the top and a revision in the 60-40. The players are saying, ‘Wait a minute, it isn\u2019t 60-40! When you take the billion off the top, we\u2019re basically looking at 50-50 of $9 billion. You get the first billion. We\u2019re talking $8 billion we split not nine. So, yeah, we\u2019re getting 60% of the remaining eight but you get the first billion, so it\u2019s really a 51-49 proposition players right now with the owners getting…\u2019<\/p>\n

So the owners want an additional billion, so the way that will end up is the owners will get $1.2 to $1.5 billion instead of the two. The owners will probably cave on the 18 games, maybe go to a 17-game schedule with a couple bye weeks. It\u2019s all gonna get worked out. They\u2019re not gonna miss any games that matter. It just isn\u2019t gonna happen. Mark my words. Now, you probably say, ‘Well, Rush, you\u2019re the only guy saying that.\u2019 That\u2019s RIGHT! Conventional wisdom is, of course, otherwise. The conventional wisdom… Look, I\u2019ve talked to people. I\u2019m a powerful, influential member of the media, and over the course of my life, I\u2019ve gotten to know a lot of the players here. <\/p>\n

I\u2019ve been told for two years by a number of the owners: ‘Yes, there\u2019s gonna be a lockout. Damn right!\u2019 And I\u2019ve had… (sigh) I\u2019m gonna stop there. But I think a lot of that has been positioning. Today\u2019s the day for the lockout. We\u2019ll see. What do you think the odds are there\u2019s a one-week or two-week extension of the current deal? 11:59 tonight is drop-dead time. I don\u2019t pretend to know — and even if there is a lockout, the players can then decertify their union but they\u2019ve gotta do that today. If they don\u2019t do it today they\u2019ve gotta wait six months. That\u2019s the labor law. (sigh) All the conventional wisdom that you\u2019ve been reading about up \u2019til now, generally it\u2019s always wrong, especially when the herd is writing the same thing. <\/p>\n

You can\u2019t find a different interpretation of events no matter where you go. I don\u2019t care what website you go to, I don\u2019t care what writer you go to, they\u2019re all of the Doom and Gloom Brigade, ‘We\u2019re not gonna see football maybe all of next year. Maybe a shortened season.\u2019 The number of guys that actually think this is all gonna get settled in time for a full season this year is a very small number of people. Now, four years ago, the Green Bay Packers reported a profit of $34 million. Last year it was nine. Some teams make more than that, others don\u2019t, but it\u2019s an expensive business. It is a hugely expensive business to run and to be part of. <\/p>\n","protected":false},"excerpt":{"rendered":"

RUSH: In the meantime we go to Chicago. This is Matt. Great to have you on the EIB Network, sir. Hello. CALLER: Mega Rush dittos. RUSH: Thank you, sir. CALLER: Hey, so… (sigh) Okay, so I got a question. So the NFL may be going into a lockout here. RUSH: Yeah. CALLER: Now… (sigh) I\u2019m […]<\/p>\n","protected":false},"author":25,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_et_pb_use_builder":"","_et_pb_old_content":"","_et_gb_content_width":"","ngg_post_thumbnail":0,"footnotes":""},"categories":[],"tags":[],"class_list":["post-21118","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"\nWill NFL Kill the Golden Goose? - The Rush Limbaugh Show<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/admin.rushlimbaugh.com\/daily\/2011\/03\/03\/will_nfl_kill_the_golden_goose\/\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:title\" content=\"Will NFL Kill the Golden Goose? - The Rush Limbaugh Show\" \/>\n<meta name=\"twitter:description\" content=\"RUSH: In the meantime we go to Chicago. 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This is Matt. Great to have you on the EIB Network, sir. Hello. CALLER: Mega Rush dittos. RUSH: Thank you, sir. CALLER: Hey, so… (sigh) Okay, so I got a question. So the NFL may be going into a lockout here. RUSH: Yeah. 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