Compensation for Retired Players is NFL’s Biggest Challenge
Posted November 26th, 2007 by RetiredPlayers
In the third annual SportsBusiness Journal/SportsBusiness Daily Reader Survey, readers voted compensation for retired players as the biggest challenge facing the National Football League in the coming year. Twenty-three and a half percent of the readers participating in the survey felt retired players issues posed a larger challenge to the league than revenue sharing and even maintaining labor peace. Results of the survey were published November 26, 2007.
The wide margin of victory shows the need for the NFL and NFLPA to address the pension and disability issues facing retired players. The league also has other very significant issues to tend with in the coming year. Survey participants felt those issues were less important than compensation for retired players. Owners have the ability to opt out of the current Collective Bargaining Agreement by sending a letter of termination by November 8, 2008.
Street & Smith’s SportsBusiness Journal is a periodical that is published forty-nine times a year. The magazine caters to business executives across the sports industry. The participants in the survey were not casual sports fans; they were primarily executives who are very familiar with the business side of the sports industry.