In exchange for controlling the ESPN of various NFL media assets, the NFL will get 10 % shares in the four -letter network.
What is it for players? This is to determine the NFL Players Association.
“The NFLPA is committed to seek the financial welfare of our members and implement the CBA provisions,” a union spokesman told PFT Thursday. “Since the new media contract between the NFL and the ESPN goes through the approval process, the union will remain in talks with the League to get a clear understanding of the terms, especially when those conditions are related to the shares of the players under the CBA and will affect them.”
Part of the ESPN, which will go to the NFL, is currently priced between $ 2.5 billion and $ 3 billion. Unless it turns into cash, the players get nothing.
Currently, the League and the Union distributed the revenue on the basis of about 50-50. It can change (NamelyShrink) Under the next labor deal.
