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[Ripclawe]

Odds are at least three idiots will get in trouble trying to turn up the heat on people who own them money is now very high.

http://profootballtalk.nbcsports.co...mends-execution-of-financial-emergency-plans/

With a lockout a virtual certainty come March 4 (absent a new labor deal), the union has sounded the alarm to all players.

The NFLP issued on Friday guidelines for all players, which become effective today and will last until a new labor deal is struck.

The guidelines begin with some decidedly low-tech advice.

“Make a list of everyone who owes you money,” the e-mail to all players recommends. “Turn up the heat and call in all those IOUs now so you can add to the balance in your lockout preparedness fund.”

The e-mail does not urge the players to refrain from breaking or threatening to break any bones in order to get their money. Hopefully, most of them will realize that this isn’t an acceptable collection technique.

“Take control of your cash and steer clear of these 5 Most Common and Harmful Money Mistakes,” the e-mail then explains, including a link to a secure site that players can access via password. “Mistakes can be catastrophic during this time where your finances are already vulnerable.”

Finally, the message suggests that the players “[l]ook ahead for alternative health insurance coverage if the lockout leaves you exposed,” and explains that they should “[t]ry to leverage the coverage with either your spouse’s employer-sponsored health plan or take advantage of the new healthcare legislation that enables you to gain coverage on your parent’s health insurance up to age 26.”

In English, the union wants the players to see if they can get onto someone else’s insurance. If that’s not an option, the players will be permitted to purchase ongoing health insurance for up to 18 months, under the COBRA laws.

This move illustrates the reality that, even though players won’t lose game checks until September, plenty of players who are due to become free agents will receive no signing or roster bonuses until the labor dispute is resolved. For men who assumed that they’d be hitting the market and depositing a check with lots of zeroes come March 4, the reality is that they’ll be depositing zero dollars and zero cents until the labor situation is resolved.

 

[Ninja Scooter]

I've heard a lot that you would be surprised how many millionaire NFL players still live pay check to pay check because of so much stupid spending. They are fucked if there really is a lockout. The league really could have them bent over the sink because of this. Most of these guys can't afford to not play.

 

[bodyofanamerican]

I've heard a lot that you would be surprised how many millionaire NFL players still live pay check to pay check because of so much stupid spending. They are fucked if there really is a lockout. The league really could have them bent over the sink because of this. Most of these guys can't afford to not play.

Yup, and from what I've read, it's just as bad in the NBA.

 

[Cosmic Dreams]

Yup, and from what I've read, it's just as bad in the NBA.

and the NHL?

 

[Celsior]

yup players are going to lose hard.
They going to go play in the CFL lol

 

[Slo]

The players don't have much leverage here, from what I understand the scabbed games during their last strike were still getting good ratings. Apparently the fans will watch their favorite team no matter who's wearing the uniform.

I wonder how long it'd take for fans to get sick of watching bad football before they stopped watching.

Spoiler

In Minnesota, the answer is roughly half a season.

 

[Tapiozona]

Probably won't even make it that far. Lockout will end before the draft in April. Most NFL owners can afford to ride with the loss of income (minus a few like the Bidwell's in Arizona who have money because of the Cards, not own the Cards because they have money), while most NFL players would be hard pressed to take that hit in their salary. Plus there's always the scabs who can bring the owners some money.

Rookie salary caps, or cutting their signing bonuses will happen, and odds are the 18 game season will as well. It's really a lost cause for the players.

 

[XiaNaphryz]

and the NHL?

Pretty much all professional sports:

http://www.neogaf.com/forum/showthread.php?p=21467304#post21467304

 

[chuckddd]

and the NHL?

Those guys just went a year without any pay. Hopefully they learned their lesson.

 

[funkmastergeneral]

Those guys just went a year without any pay. Hopefully they learned their lesson.

Most of them played in European professional leagues. They still made a good wage.

 

[crimzonflame]

Michael Vick playing for the Toronto Argonauts?

 

[Rorschach]

Apparently the fans will watch their favorite team no matter who's wearing the uniform.

Even Jason Campbell!

 

[JayDubya]

It's risible that these pampered millionaires have a union.

 

[RBH]

Even Jason Campbell!

 

[Slayven]

Man I feel bad about the entourages, will they get unemployment? Who will eat gun and drug charges?

 

[giga]

How will they ever pay their $10 million mortgages?!

 

[Cosmic Dreams]

Those guys just went a year without any pay. Hopefully they learned their lesson.

Goddamn..

Please tell me you were exaggerating.

 

[krae_man]

How will they ever pay their $10 million mortgages?!

It's not quite like that in the NFL. The QB's will be fine as long as they are not idiots when it comes to money management. But NFL rosters have what 50 people on them? Most are making low 6 figures.

 

[Zzoram]

It's not quite like that in the NFL. The QB's will be fine as long as they are not idiots when it comes to money management. But NFL rosters have what 50 people on them? Most are making low 6 figures.

Most people who make low 6 figures have significant savings. Probably not these guys though.

 

[Lkr]

the super stars will be just fine for a year off, they have all of the crazy sponsors.

 

[giga]

It's not quite like that in the NFL. The QB's will be fine as long as they are not idiots when it comes to money management. But NFL rosters have what 50 people on them? Most are making low 6 figures.

I was exaggerating. $1 million is a bit more realistic for the average player.

 

[xnipx]

They should have taken mannys advice and stuffed game checks in their locker for a rainy day.

But seriously tho a lot of these players who are backups/special team players are fucked because they really do live paycheck to paycheck trying to keep up with the star players living habits

 

[Dude Abides]

I was exaggerating. $1 million is a bit more realistic for the average player.

Median was $770,000 in 2009 according to this.

http://www.buzzle.com/articles/nfl-player-salaries.html

 

[giga]

Median was $770,000 in 2009 according to this.

http://www.buzzle.com/articles/nfl-player-salaries.html

Talking about mortgages, not salaries.

 

[BobTheFork]

I've heard a lot that you would be surprised how many millionaire NFL players still live pay check to pay check because of so much stupid spending. They are fucked if there really is a lockout. The league really could have them bent over the sink because of this. Most of these guys can't afford to not play.

More than just that, apparently it's really common for the big BIG make players to loan money to the guys who only make 6 or low 7 seven figures to make it through until the season starts and they get checks again. Forget all that crap about 'make a ton, spend a ton', if you KNOW how much money you are going to get that year ahead of time (and they do) then the inability to budget that through 12 months is ridiculous. It's especially so when you consider they would be paying back the players they owe money to and be 'in the hole' so to speak at the start of each season.

 

[CygnusXS]

Best case scenario: NFL is cancelled forever and baseball retakes its spot as the #1 sport.

 

[Jenga]

how many millionaire NFL players still live pay check to pay check because of so much stupid spending

someone think of the NFL players!

 

[Ronabo]

I think fans should boycott the Super Bowl. Sending a message to both sides that they need to get their shit together.

 

[Tapiozona]

Best case scenario: NFL is cancelled forever and baseball retakes its spot as the #1 sport.

#1 hobby you mean. Slightly better than golf.

 

[chuckddd]

Goddamn..

Please tell me you were exaggerating.

Nope.

...prior to 2004–05, NHL clubs spent about 76 percent of their gross revenues on players' salaries – a figure far higher than those in other North American sports – and collectively lost US$273 million dollars during the 2002–03 season.

You're about to see armageddon in the NBA, I believe (and deservedly so). The NFL negotiations will be contentious, but I don't think it's going to be enough to lose any games. The NFLPA is weak and getting weaker.

 

[Dude Abides]

I think fans should boycott the Super Bowl. Sending a message to both sides that they need to get their shit together.

It's the owners threatening a stoppage, not the players.

 

[captmcblack]

Awesome. I'm gonna go be a scab player on the practice squad!

 

[EvilMario]

Greedy owners, and stupid athletes. Long live sports.

 

[Equus Bellator Apex]

There will not be a lockout.

There is like a zero percent chance of it happening.

 

[Celsior]

There will not be lockout.

There is like a zero percent chance of it happening.

Players will fold real fast when their checks stop coming, salaries in all 4 major sports have been overblown so much in the past 10 years, their will be hell to pay for it.

 

[jakncoke]

Is there forced classes that try and teach you good budget habits in college? It's amazing how bad pro athletes are at them

 

[bucknuticus]

The only sympathy I have for anyone here are the fans. Oh No! How will the players make it without their millions, or ever 6 figure salaries! Oh the humanity!

 

[LQX]

I wonder how much money these teams and owners bring in. Football is said to be Americans sport yet of any other sport they all make less. You don't here of many NFL players making obscene amounts of money like you do in Baseball and the NBA. Yeah the season is the shortest of all the sports but I would think the attendance of each game makes up for that.

 

[Drkirby]

Is there forced classes that try and teach you good budget habits in college? It's amazing how bad pro athletes are at them

Nope.

 

[BobTheFork]

Players will fold real fast when their checks stop coming, salaries in all 4 major sports have been overblown so much in the past 10 years, their will be hell to pay for it.

As overblown as ticket prices I'd say. Both sides need to loose a few teeth here.

 

[BertramCooper]

It's going to be a tough year for gold-plated stripper pole manufacturers.

 

[mre]

Is there forced classes that try and teach you good budget habits in college? It's amazing how bad pro athletes are at them

I'm pretty sure the NFL has required rookie "classes" on this, but they can't make that stud QB not buy a Ferrari or two. Or three.

 

[Shalashaska]

The only sympathy I have for anyone here are the fans. Oh No! How will the players make it without their millions, or ever 6 figure salaries! Oh the humanity!

How will the owners make it without their hundreds of millions! Oh no!

 

[Manos: The Hans of Fate]

I'm pretty sure the NFL has required rookie "classes" on this, but they can't make that stud QB not buy a Ferrari or two. Or three.

And screw 10 different women and have kids with them...who was that? It was someone from Denver right?

 

[Fuzzy]

I'm pretty sure the NFL has required rookie "classes" on this, but they can't make that stud QB not buy a Ferrari or two. Or three.

Didn't NBA moms set something up for rookies also?

 

[Cobra84]

If they don't play for the whole year, do the players and union think they can ever make that lost money back? An average player making $7500,000 isn't going to get that back even with a $200,00 raise with the short length of NFL careers.

 

[bucknuticus]

Didn't NBA moms set something up for rookies also?

Yeah they have something because I remember a few years ago some the KU players got caught smoking weed and trying to flush it down the toilets.

 

[teacupcopter]

You'd reckon the various sporting leagues would start up programs for their players just as a precaution against stupid PR like this, and also to... you know, be nice to the players.

I don't have a lot of concrete info but here in Australia the AFL has this (quick wiki search)
http://en.wikipedia.org/wiki/AFL_Players_Association

Which provides resources and help towards keeping players/encouraging tertiary level education, money classes, job skills, career transition after football, even depression awareness programs as well as programs used to fight alcohol and drug abuse and street violence.

While you do have a few high profile idiot AFL players repeatedly fucking up, and a few doing stupid shit each year on top of that they really do seem to be trying to work towards trying here.

 

[Narag]

And screw 10 different women and have kids with them...who was that? It was someone from Denver right?

 

[dschalter]

It's risible that these pampered millionaires have a union.

it's pretty risible that the nfl owners form a cartel hurf durf.