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It's a good thing got a heart transplant four years ago. He needed a strong one Thursday when his secret got out.
Then again, neither did the . Yet there was owner Arthur Blank on Thursday, beaming as Atlanta leaders announced .
Public money will fund only $200 million of that. So by NFL standards, Blank is a selfless philanthropist. But by negotiating standards, all owners have been getting away with robbery for too long.
They claim to need public money for building projects, but they won't prove it. would rather dress as a cheerleader than open the books.
If taxpayers knew how much teams rake in, they'd never give an owner another dime. Yet Blank just got paid.
The got completed in 2010.
The are trolling for public help with .
Richardson whipped local politicians into line, but Gov. Pat McCrory says North Carolina doesn't have an additional $62.5 million the Panthers want. McCrory is a former Charlotte mayor.
A poll this week showed giving Richardson any state money. Lucky for him it was conducted before Thursday, or the opposition would be 100 percent.
Leaked documents to show the Panthers had $112 million in profits the past two fiscal years. The Panthers said the documents are an "incomplete picture."
With all the accounting tricks out there, businesses can sac Louis vuitton pas cher[/url] photo-shop financial reports to fit any agenda. The fact is few people could tell you the Panthers' real picture. And if they did, Richardson would have to kill them.
As private entities, NFL teams have a legal right to not disclose their financials. But Balenciaga Outlets[/url] when you are rolling in public dough, taxpayers have a moral right to see what's going on.
Players wanted to know during the 2011 collective bargaining negotiations. Jay Rockefeller, chairman of the Senate Committee on Commerce, Science and Transportation, even asked the NFL to open its books.
"Don't keep secrets," Rockefeller, a Democrat from West Virginia, . "If there are financial pressures that keep you from agreeing to the revenue-sharing plan proposed by the players, let's see the proof."
The proof never appeared, though the NFL did show selected documents. When was handed one, he is.
"Do I need to help you read a revenue chart, son?" he said. "Do I need to help break that down for you because I don't know if you understand how to read that."
He also has said the . Yeah, that's why the average team values have skyrocketed toward $1 billion.
Such arrogance and deception comes from Richardson's negotiating experience. Politicians dread the thought of losing an NFL team, so they show up with their checkbooks ready.
I used to be on board with that. If Wal-Mart and BMW got massive tax breaks to do business in a particular city, why shouldn't a major football business?
Then the economy tanked. Balenciaga bags outlet[/url] Everyone took a hit except federal workers and sports leagues. We can only guess how well the NFL has managed, since the publicly owned are the only team required to disclose financial data.
The in 2011-12. Otherwise, we know the NFL made $9.5 billion in 2012. That's up $3.4 billion from 2005.
When new media deals kick in next year, teams will split $7 billion. And that's before Jerry Jones sells the first $90 pizza in one of the Cowboys Stadium skyboxes.
The smell of that kind of profit is what's driving owners like Richardson. NFL teams split TV and other pooled money. They keep the ticket, concession and other locally generated revenue.
In other words, he's already making a lot of money. He just wants to make more.
That's great. I'm all for free enterprise, capitalism and businesses making as much money as possible. I just like it to be done with transparency and good faith.
If the Panthers really need a public handout, Charlotte should make the team do the unthinkable.
Open the books. Give the complete picture. Show your true financial situation.
Then to be safe, please have doctors standing by in case Richardson needs CPR.