Greg Giannotti
π€ SpeakerAppearances Over Time
Podcast Appearances
But I'm not sure that that's a lock because these guys get so much money from these rich teams spending over the competitive balance tax.
There's the other part of it, too, and this is what I was arguing about in 1987.
Stop negotiating...
against the TV deals and start negotiating against the net worth of the teams themselves and how they're growing.
So if somebody bought a team for $6 million in 1969, how much is that team worth today?
And I'm talking about the Bengals specifically.
If somebody wanted to buy them, probably somewhere between...
maybe $4 billion to $6 billion for an NFL team with a great stadium deal.
Now, that deal doesn't come with all the bells and whistles of all the real estate around the stadium, all that stuff that Steve Cohen is building over here at Citi Field, and that's where he's going to make a lot of money.
But, yeah, I understand that from the players' perspective that these teams aren't spending enough money.
And what they should be really looking at is the net worth of each individual team, and that should be what you should be negotiating.
Also, I mean, I don't know if you can because it's a business and it's capitalism, but it's like, can you tell an owner you have to spend this much of your revenue sharing and CBT tax money on your roster?
Well, they do that in the NFL.
They do it in the NFL.
You have to spend it on your roster?
They have a minimum.
That's why the Rams, they have a rolling three years.
And that's why the Rams had to spend money in free agency this year.
They had to catch up a little bit.
But I'm not talking about a salary floor.