Yormark readies ideas for Roc Nation Relativity ‘in a good place’ Top NFL prospects bypass usual suspects Boutiques break service of big agencies CAA acquires hospitality company Bridgewater signs trading card deal Agents make moves, sign NFL prospects Manziel finds team outside mainstream Carroll in line for national TV spots Banner year shaping up for Bus
Upcoming Conferences and Events
SBJ/July 23-29, 2012/Labor and Agents
Referees union largely funded by NFL
Published July 23, 2012, Page 10
|The NFLRA reported assets of $1.4 milion and minimal debt at the end of 2011.
NFLRA members might not be as worried about missing paychecks members of the NFL Players Association were during their labor dispute with the league last year, though the NFLPA also gets a healthy share of its revenue from the NFL.
Referees work part time in their NFL capacities and have other jobs. The NFLRA also has a healthy financial cushion, with assets of $1,457,492 and minimal debt as of Dec. 31, 2011, so the temporary loss of the NFL money likely would not harm the organization, which uses the money to pay its staff and outside counsel.
The NFL’s collective-bargaining agreement with the referees expired May 31, and the league locked them out three days later. The league is offering a smaller pay increase than the NFLRA wants as well a move from pensions to a 401(k)-type retirement program.