Menu
Download the app

SBJ subscribers – Enhance your experience with the revamped iOS app

Leagues and Governing Bodies

REVENUE SHARING ALSO TOPIC OF DEBATE AT MEETINGS

     Aside from settling the Raiders situation, the NFL owners
also established a revenue-sharing system to help struggling
teams.  According to Will McDonough in today's BOSTON GLOBE, a
pool will be established so "financially strapped teams can apply
for money from a league committee."  The money will come from the
$20M the Rams are paying to move to St. Louis and from PSL's sold
in Jacksonville, St. Louis and Carolina (BOSTON GLOBE, 5/25).
Also, a portion of teams' gross from club seats will be pooled.
The NFL expects to generate a $72M pool over a four-year period
and distribute up to $3M per season to recipient clubs (John
Helyar, WALL STREET JOURNAL, 5/25).  The Lions, one of the NFL's
"least-profitable teams" due to their unfavorable lease at the
Pontiac Superdome, stand to gain $50,000-$3M under the new plan.
Lions COO Chuck Schmidt called the team's share a "drop in the
bucket," but said it was indication the league is doing "whatever
it can to keep the revenue gap from widening" (DETROIT FREE
PRESS, 5/25).

SBJ Morning Buzzcast: March 25, 2024

NFL meeting preview; MLB's opening week ad effort and remembering Peter Angelos.

Big Get Jay Wright, March Madness is upon us and ESPN locks up CFP

On this week’s pod, our Big Get is CBS Sports college basketball analyst Jay Wright. The NCAA Championship-winning coach shares his insight with SBJ’s Austin Karp on key hoops issues and why being well dressed is an important part of his success. Also on the show, Poynter Institute senior writer Tom Jones shares who he has up and who is down in sports media. Later, SBJ’s Ben Portnoy talks the latest on ESPN’s CFP extension and who CBS, TNT Sports and ESPN need to make deep runs in the men’s and women's NCAA basketball tournaments.

SBJ I Factor: Nana-Yaw Asamoah

SBJ I Factor features an interview with AMB Sports and Entertainment Chief Commercial Office Nana-Yaw Asamoah. Asamoah, who moved over to AMBSE last year after 14 years at the NFL, talks with SBJ’s Ben Fischer about how his role model parents and older sisters pushed him to shrive, how the power of lifelong learning fuels successful people, and why AMBSE was an opportunity he could not pass up. Asamoah is 2021 SBJ Forty Under 40 honoree. SBJ I Factor is a monthly podcast offering interviews with sports executives who have been recipients of one of the magazine’s awards.

Shareable URL copied to clipboard!

https://www.sportsbusinessjournal.com/Daily/Issues/1995/05/25/Leagues-Governing-Bodies/REVENUE-SHARING-ALSO-TOPIC-OF-DEBATE-AT-MEETINGS.aspx

Sorry, something went wrong with the copy but here is the link for you.

https://www.sportsbusinessjournal.com/Daily/Issues/1995/05/25/Leagues-Governing-Bodies/REVENUE-SHARING-ALSO-TOPIC-OF-DEBATE-AT-MEETINGS.aspx

CLOSE