Obama Asked Whether He Would Intervene In NFL Labor Dispute

President Obama was asked today during a press briefing whether he would consider intervening in the ongoing NFL labor dispute. Obama said, "You've got owners, most of who are worth close to a billion dollars, you got players who are making millions of dollars. My working assumption at a time when people are having cutback, compromise and worry about making the mortgage and paying for their kid's college education is that the two parties should be able to work it without the president of the United States intervening."

Obama noted he is a "big football fan," but said, "For an industry that's making $9 billion a year in revenue, they can figure out how to divide it up in a sensible way and be true to their fans who are the ones who, obviously, allow for all the money that they're making." Obama: "My expectation and hope is that they will resolve it without me intervening, because it turns out I've got a lot of other stuff to do" ("Power Lunch," CNBC, 3/3).