NFLPA Assests Experience Rare Drop
The National Football Post » Hot News and Rumors —
NFLPA Assests Experience Rare Drop From Daniel Kaplan and Liz Mullen of The Sports Business Journal : With labor negotiations starting in football, NFL Players Association assets declined by 6 percent over the past year, marking the first time in at least a decade a drop has occurred. The union attributed the $16.5 million decline, to $276.7 million, to a deferred compensation payout to late Executive Director Gene Upshaw’s estate and to soft apparel sales. The decline is disclosed in the union’s latest annual report, which was filed late last month with the Labor Department ...
NFLPA Assets Decline
ProFootballTalk.com —
There was a watershed change involving the NFL Players Association beyond the passing of former executive director Gene Upshaw and the election of new executive director DeMaurice Smith. According to Daniel Kaplan and Liz Mullen of the Sports Business Journal , the union’s assets fell by six percent over the past year with a $16.5 million dip down to a total of $276.7 million. Per the report, which cites the NFLPA’s annual filing with the United States Labor Department, a decrease hasn’t happened in at least the past 10 years. The reasons behind the drop were chalked up to a ...
