|
|
Post by Roosevelt on Feb 20, 2021 20:05:51 GMT -5
The NFL is asking for a 100% increase in TV rights payments, but Disney is pushing back
The National Football League wants to charge its current network partners double what they’ve been paying to broadcast games — but Disney is pushing back, citing the high price tag for Monday Night Football.
The NFL is in active discussions on renewal rates with all four of its existing network partners — NBC, CBS, Fox, and Disney-owned ESPN, according to people familiar with the matter. The NFL is hoping to get its primary package renewals completed by March 17, before the start of the new NFL league year, CNBC reported earlier this month.
NBC, CBS and Fox are likely to accept increases closer to 100% than Disney, which is currently paying much more than the three broadcast networks for its Monday Night Football package, said the people, who asked not to be named because the negotiations are private.
Disney agreed to pay $1.9 billion annually for Monday Night Football in 2011 — a deal that runs through 2021. That dwarfed the average $1.1 billion annual cost for Fox, $1 billion annual price tag for CBS and $960 million for NBC’s Sunday Night Football.
Disney has already rejected paying anywhere close to $3.8 billion per year for its new deal, said two of the people. Disney CEO Bob Chapek alluded to pushing back on the NFL’s asking price during his company’s earnings conference call last week.
“We’re looking at the long-term trends of sports viewership,” Chapek said on Feb. 11. “We’ve had a long relationship with the NFL. If there’s a deal that will be accretive to shareholder value, we will certainly entertain that and look at that. But our first filter will be to say whether it makes sense for shareholder value going forward.”
NFL games have been the most watched programming on television for many years. The top five broadcasts of 2020 were all NFL games. But there’s been a concerning decline among younger audiences, as evidenced by a decade-long decline in Super Bowl ratings among 18-to-49-year-olds.
Read more:
|
|
|
|
Post by Roosevelt on Feb 20, 2021 20:06:41 GMT -5
This has disaster written all over it if you ask me.
|
|
|
|
Post by Fletch842 on Feb 20, 2021 20:18:45 GMT -5
Wow, it takes gall to increase your pricing like that. My company would get smoked if we pulled a stunt like that.
|
|
|
|
Post by TEM on Feb 20, 2021 20:18:56 GMT -5
I read they were trying to increase broadcasting revenue before the cap numbers were finalized. This is saying the league took a big financial hit last season. I am assuming the 70 to 100 in losses per team reported holds some truth.
|
|
|
|
Post by GameTime on Feb 20, 2021 20:33:14 GMT -5
buy low sell high Mortimer.
|
|
|
|
Post by GameTime on Feb 20, 2021 20:36:03 GMT -5
Disney not being taken advantage of they want more too Disney’s Monday Night Football deal is for more than just the games. Disney also gets highlight rights for ESPN, branding rights for shows, and — importantly — streaming rights.
The league has asked Disney to pay the same type of increase as its other partners because Disney is asking for more from the NFL this time around — including double-header Monday Night games, where one game airs on ABC, the Disney-owned broadcast network, the people said. Disney also wants ABC to become part of the Super Bowl rotation with NBC, CBS and Fox. ABC was the home of Monday Night Football until 2005.
Disney also wants flexibility in terms of streaming rights as the company considers selling ESPN as a direct-to-consumer product. The NFL plans to include streaming rights as part of each network package, the people said.
Further, the NFL wants to add an 18th week of regular-season play as soon as next season. That’s an extra game for Disney — and every other broadcast partner.
www.cnbc.com/2021/02/19/nfl-asking-for-100percent-increase-on-tv-rights-disney-pushing-back-.html |
|
|
|
Post by Zimonami on Feb 20, 2021 22:32:00 GMT -5
This has disaster written all over it if you ask me. IMO ratings will continue to deteriorate. The bubble will burst. We've got millions out of work and a very unsure economy, yet star athlete contracts continue to increase beyond reason. Many utility players make as much as 100X more than an average man's salary, and glorification of athletes as 'special' in our society continues. I know many who feel deeply resentful of the average Pro's contracts in these hard times and have stopped watching sports almost all together. There seems no end to the next announcement of a blockbuster superstar contract worth hundreds of millions of dollars. When will the NFL show some restraint after a year of significantly reduced viewer ratings? They seem oblivious to respect for the common fan in the face of another year of more Covid restrictions, people out of work, and further deterioration of ratings. While they are concerned about reduced ratings and appealing to the younger audience, they are in danger of losing their core audience of middle aged, middle America. |
|
|
|
Post by TCHOF on Feb 20, 2021 23:01:17 GMT -5
This has disaster written all over it if you ask me. IMO ratings will continue to deteriorate. The bubble will burst. We've got millions out of work and a very unsure economy, yet star athlete contracts continue to increase beyond reason. Many utility players make as much as 100X more than an average man's salary, and glorification of athletes as 'special' in our society continues. I know many who feel deeply resentful of the average Pro's contracts in these hard times and have stopped watching sports almost all together. There seems no end to the next announcement of a blockbuster superstar contract worth hundreds of millions of dollars. When will the NFL show some restraint after a year of significantly reduced viewer ratings? They seem oblivious to respect for the common fan in the face of another year of more Covid restrictions, people out of work, and further deterioration of ratings. While they are concerned about reduced ratings and appealing to the younger audience, they are in danger of losing their core audience of middle aged, middle America. Would you rather the owners make the money than the players? I mean, the owners are still making money either way, so if the players make less, that’s just more money in the owners’ pockets. IMO, I’d rather see the guys who are putting their health and their bodies on the line make the money. Got to be honest - I don’t understand this thought process |
|
|
|
Post by GameTime on Feb 20, 2021 23:03:42 GMT -5
With all the new betting platforms sports will be more active than ever. The reasons for viewership may take on a different bent however.
Once the pandemic is a thing of the past the stadiums will be packed again. I have no doubt about that.
I have witnessed people abandoned the NFL for the kneeling issue and I am sure as Zim said some may object to their high salaries but over all sports is an industry that will forge ahead and most likely never go away.
|
|
|
|
Post by Zimonami on Feb 20, 2021 23:24:40 GMT -5
IMO ratings will continue to deteriorate. The bubble will burst. We've got millions out of work and a very unsure economy, yet star athlete contracts continue to increase beyond reason. Many utility players make as much as 100X more than an average man's salary, and glorification of athletes as 'special' in our society continues. I know many who feel deeply resentful of the average Pro's contracts in these hard times and have stopped watching sports almost all together. There seems no end to the next announcement of a blockbuster superstar contract worth hundreds of millions of dollars. When will the NFL show some restraint after a year of significantly reduced viewer ratings? They seem oblivious to respect for the common fan in the face of another year of more Covid restrictions, people out of work, and further deterioration of ratings. While they are concerned about reduced ratings and appealing to the younger audience, they are in danger of losing their core audience of middle aged, middle America. Would you rather the owners make the money than the players? I mean, the owners are still making money either way, so if the players make less, that’s just more money in the owners’ pockets. IMO, I’d rather see the guys who are putting their health and their bodies on the line make the money. Got to be honest - I don’t understand this thought process You miss my entire point. The thought process is that the NFL should not be looking to get 100% increase in their TV revenue at this time.. I'm not blaming the players at all. I'm saying the TV revenue is, IMO, going to continue to decrease. They decreased about 7% this past season for the NFL, and NBA and MLB ratings dropped more than that. The greed by the them all has got to stop. The owners better brace for reduced broadcast revenues, not increased, after this 2021 season continues to reflect a drop in viewership... and the player's contracts will eventually have to reflect that when the reality of it all is recognized. What is most visible to a fan is the superstar's contracts.. But, whether the fan resents the profits of the owners or the riches of the players, the bottom line is that our world is changing, and this is no time for the NFL to shoot for these kind of contract increases with the broadcasters. The average fan resents it, and is going to tune out. |
|
|
|
Post by TCHOF on Feb 21, 2021 2:55:49 GMT -5
Would you rather the owners make the money than the players? I mean, the owners are still making money either way, so if the players make less, that’s just more money in the owners’ pockets. IMO, I’d rather see the guys who are putting their health and their bodies on the line make the money. Got to be honest - I don’t understand this thought process You miss my entire point. The thought process is that the NFL should not be looking to get 100% increase in their TV revenue at this time.. I'm not blaming the players at all. I'm saying the TV revenue is, IMO, going to continue to decrease. They decreased about 7% this past season for the NFL, and NBA and MLB ratings dropped more than that. The greed by the them all has got to stop. The owners better brace for reduced broadcast revenues, not increased, after this 2021 season continues to reflect a drop in viewership... and the player's contracts will eventually have to reflect that when the reality of it all is recognized. What is most visible to a fan is the superstar's contracts.. But, whether the fan resents the profits of the owners or the riches of the players, the bottom line is that our world is changing, and this is no time for the NFL to shoot for these kind of contract increases with the broadcasters. The average fan resents it, and is going to tune out. Not sure why any person would resent the fact that anyone else makes money, but I guess that’s the thinking behind the rising push for socialism in this country. |
|
|
|
Post by TCHOF on Feb 21, 2021 7:09:23 GMT -5
What is most visible to a fan is the superstar's contracts.. But, whether the fan resents the profits of the owners or the riches of the players, the bottom line is that our world is changing, and this is no time for the NFL to shoot for these kind of contract increases with the broadcasters. The average fan resents it, and is going to tune out. May I add the average fan all so resents being the one to foot the bill . They will be other alternatives. How are you footing the bill? When was the last time you paid for a ticket and went to a game? |
|
Deleted
Deleted Member
Posts: 0
|
Post by Deleted on Feb 21, 2021 7:56:00 GMT -5
What’s the matter? NFL too good to take a hit like everybody else? They should come here to Jersey and see what our Governor has done to all our small businesses owners. Tell Goodell to take a walk down the AC boardwalk and tell us what he sees.😡
|
|
|
|
Post by Delicreep on Feb 21, 2021 8:03:54 GMT -5
Am I missing something?
As a consumer of football on TV, here's the net effect of this - a few more commercials.
If I were a business that advertises during football games, the cost will increase if they can justify it, or they will get creative with packages.
I miss anything?
|
|
|
|
Post by TCHOF on Feb 21, 2021 8:05:17 GMT -5
What’s the matter? NFL too good to take a hit like everybody else? They should come here to Jersey and see what our Governor has done to all our small businesses owners. Tell Goodell to take a walk down the AC boardwalk and tell us what he sees.😡 This makes zero sense. Goodell should take less money on the NFL TV deal because businesses on the AC boardwalk have been hit by COVID? |
|
Deleted
Deleted Member
Posts: 0
|
Post by Deleted on Feb 21, 2021 8:21:28 GMT -5
What’s the matter? NFL too good to take a hit like everybody else? They should come here to Jersey and see what our Governor has done to all our small businesses owners. Tell Goodell to take a walk down the AC boardwalk and tell us what he sees.😡 This makes zero sense. Goodell should take less money on the NFL TV deal because businesses on the AC boardwalk have been hit by COVID? No...I’m just trying to say that everybody has to take a hit sometime in life. EVERYBODY is hurting right now...except for the unsatisfied rich. |
|
|
|
Post by GameTime on Feb 21, 2021 8:25:41 GMT -5
Streaming services, gaming, gambling and anything to do with online entertainment has increased dramatically during Covid. Many businesses have failed and gone under while others have thrived. Sports has thrived for the very fact that were a viable distraction. This football season, from my couch, was no different. I was watching any day there was football on. Most sports had some type of season.
Disney wants more so the NFL is asking for more. Its just business.
As fans we always want "our team" to do what's right for us. keep tix prices down, concessions prices down, get all the best players and win championships. We want them to do all that and not seem greedy or worry about their bottom line. I get it but it doesnt work like that and NEVER has.
The NFL, like each of the franchises, is the same. They make a tremendous amount of money but they also spend a tremendous amount.
|
|
|
|
Post by TEM on Feb 21, 2021 8:35:05 GMT -5
You miss my entire point. The thought process is that the NFL should not be looking to get 100% increase in their TV revenue at this time.. I'm not blaming the players at all. I'm saying the TV revenue is, IMO, going to continue to decrease. They decreased about 7% this past season for the NFL, and NBA and MLB ratings dropped more than that. The greed by the them all has got to stop. The owners better brace for reduced broadcast revenues, not increased, after this 2021 season continues to reflect a drop in viewership... and the player's contracts will eventually have to reflect that when the reality of it all is recognized. What is most visible to a fan is the superstar's contracts.. But, whether the fan resents the profits of the owners or the riches of the players, the bottom line is that our world is changing, and this is no time for the NFL to shoot for these kind of contract increases with the broadcasters. The average fan resents it, and is going to tune out. Not sure why any person would resent the fact that anyone else makes money, but I guess that’s the thinking behind the rising push for socialism in this country. At some point it is going to become flat. There is no more money to be produced. We may be seeing the very beginning of that process. |
|
|
|
Post by GameTime on Feb 21, 2021 8:35:56 GMT -5
This makes zero sense. Goodell should take less money on the NFL TV deal because businesses on the AC boardwalk have been hit by COVID? No...I’m just trying to say that everybody has to take a hit sometime in life. EVERYBODY is hurting right now...except for the unsatisfied rich. the company I work for is a major player in entertainment and electronics. They have had one of the best years in a while due to streaming and gaming, They have also been very philanthropic and conscience of whats is going on globally. Should they put of freeze on making money? BTW......everybody is not hurting right now. Or better said its in varying degrees. I know some people who are ignoring most mandates and still think its BS!! Are they hurting? I get your frustration but the world moves merrily on during tragedy all the time. It just now its happening to us in the USA for the last year or so and we are not used to this level of stress and the results of that. |
|
Deleted
Deleted Member
Posts: 0
|
Post by Deleted on Feb 21, 2021 8:47:13 GMT -5
No...I’m just trying to say that everybody has to take a hit sometime in life. EVERYBODY is hurting right now...except for the unsatisfied rich. the company I work for is a major player in entertainment and electronics. They have had one of the best years in a while due to streaming and gaming, They have also been very philanthropic and conscience of whats is going on globally. Should they put of freeze on making money? BTW......everybody is not hurting right now. Or better said its in varying degrees. I know some people who are ignoring most mandates and still think its BS!! Are they hurting? I get your frustration but the world moves merrily on during tragedy all the time. It just now its happening to us in the USA for the last year or so and we are not used to this level of stress and the results of that. Well, the best way to sum up what you said is selfish people have their views and agendas as well. That’s all that it says to me. And yes, this whole state’s economy has suffered so should I side with the decisions that companies like Disney and the NFL are mulling over? If anybody thinks that then they are going to be waiting a long time. F their bloated salaries and F their bloated costs. The people come first. |
|
|
|
Post by Kase1 on Feb 21, 2021 9:00:29 GMT -5
This has disaster written all over it if you ask me. IMO ratings will continue to deteriorate. The bubble will burst. We've got millions out of work and a very unsure economy, yet star athlete contracts continue to increase beyond reason. Many utility players make as much as 100X more than an average man's salary, and glorification of athletes as 'special' in our society continues. I know many who feel deeply resentful of the average Pro's contracts in these hard times and have stopped watching sports almost all together. There seems no end to the next announcement of a blockbuster superstar contract worth hundreds of millions of dollars. When will the NFL show some restraint after a year of significantly reduced viewer ratings? They seem oblivious to respect for the common fan in the face of another year of more Covid restrictions, people out of work, and further deterioration of ratings. While they are concerned about reduced ratings and appealing to the younger audience, they are in danger of losing their core audience of middle aged, middle America. So people aren't gonna watch because they're put of work and athletes make too much money?? The NFL is a corporation, they don't care about anything other than money and the bottom line |
|
|
|
Post by GameTime on Feb 21, 2021 9:14:16 GMT -5
the company I work for is a major player in entertainment and electronics. They have had one of the best years in a while due to streaming and gaming, They have also been very philanthropic and conscience of whats is going on globally. Should they put of freeze on making money? BTW......everybody is not hurting right now. Or better said its in varying degrees. I know some people who are ignoring most mandates and still think its BS!! Are they hurting? I get your frustration but the world moves merrily on during tragedy all the time. It just now its happening to us in the USA for the last year or so and we are not used to this level of stress and the results of that. Well, the best way to sum up what you said is selfish people have their views and agendas as well. That’s all that it says to me. And yes, this whole state’s economy has suffered so should I side with the decisions that companies like Disney and the NFL are mulling over? If anybody thinks that then they are going to be waiting a long time. F their bloated salaries and F their bloated costs. The people come first. in no way should you side with anything you dont agree with and I wasnt trying to convince you to do so. In NJ if Murphy and the state gov didnt close things down then they would be trashed for letting people die. I get the outrage but what would have been the "right way" to handle the situation? I sure as hell dont have the answer. What did the state's government have to gain by shutting things down? They had zero to gain and would no doubt get trashed for it. |
|
|
|
Post by TCHOF on Feb 21, 2021 9:18:08 GMT -5
Not sure why any person would resent the fact that anyone else makes money, but I guess that’s the thinking behind the rising push for socialism in this country. At some point it is going to become flat. There is no more money to be produced. We may be seeing the very beginning of that process. Maybe so, but that’s how capitalism and free markets work. I just can’t get behind the “I’m mad at you because you make a lot of money and I don’t” mentality. |
|
|
|
Post by TCHOF on Feb 21, 2021 9:21:27 GMT -5
This makes zero sense. Goodell should take less money on the NFL TV deal because businesses on the AC boardwalk have been hit by COVID? No...I’m just trying to say that everybody has to take a hit sometime in life. EVERYBODY is hurting right now...except for the unsatisfied rich. So maybe there will come a point in time when you are doing well and the NFL is not. Welcome to life. |
|
|
|
Post by Roosevelt on Feb 21, 2021 9:24:16 GMT -5
You miss my entire point. The thought process is that the NFL should not be looking to get 100% increase in their TV revenue at this time.. I'm not blaming the players at all. I'm saying the TV revenue is, IMO, going to continue to decrease. They decreased about 7% this past season for the NFL, and NBA and MLB ratings dropped more than that. The greed by the them all has got to stop. The owners better brace for reduced broadcast revenues, not increased, after this 2021 season continues to reflect a drop in viewership... and the player's contracts will eventually have to reflect that when the reality of it all is recognized. What is most visible to a fan is the superstar's contracts.. But, whether the fan resents the profits of the owners or the riches of the players, the bottom line is that our world is changing, and this is no time for the NFL to shoot for these kind of contract increases with the broadcasters. The average fan resents it, and is going to tune out. Not sure why any person would resent the fact that anyone else makes money, but I guess that’s the thinking behind the rising push for socialism in this country. I am not in favor of paying players ridiculous sums of money to play this game for one reason. The fans pay for it in the end. We pay for it with higher season ticket costs, parking fees, concessions, and of course and worst of all, increased advertising, which means more stoppages and distractions from the game. |
|
Deleted
Deleted Member
Posts: 0
|
Post by Deleted on Feb 21, 2021 9:36:39 GMT -5
This has disaster written all over it if you ask me. IMO ratings will continue to deteriorate. The bubble will burst. We've got millions out of work and a very unsure economy, yet star athlete contracts continue to increase beyond reason. Many utility players make as much as 100X more than an average man's salary, and glorification of athletes as 'special' in our society continues. I know many who feel deeply resentful of the average Pro's contracts in these hard times and have stopped watching sports almost all together. There seems no end to the next announcement of a blockbuster superstar contract worth hundreds of millions of dollars. When will the NFL show some restraint after a year of significantly reduced viewer ratings? They seem oblivious to respect for the common fan in the face of another year of more Covid restrictions, people out of work, and further deterioration of ratings. While they are concerned about reduced ratings and appealing to the younger audience, they are in danger of losing their core audience of middle aged, middle America. It’s endless! You never hear any league official or player say “ we are just going to have to tighten our belts through this crisis.” The sky is the limit with these people. It’s like NJ property taxes. |
|
Deleted
Deleted Member
Posts: 0
|
Post by Deleted on Feb 21, 2021 9:39:14 GMT -5
Would you rather the owners make the money than the players? I mean, the owners are still making money either way, so if the players make less, that’s just more money in the owners’ pockets. IMO, I’d rather see the guys who are putting their health and their bodies on the line make the money. Got to be honest - I don’t understand this thought process You miss my entire point. The thought process is that the NFL should not be looking to get 100% increase in their TV revenue at this time.. I'm not blaming the players at all. I'm saying the TV revenue is, IMO, going to continue to decrease. They decreased about 7% this past season for the NFL, and NBA and MLB ratings dropped more than that. The greed by the them all has got to stop. The owners better brace for reduced broadcast revenues, not increased, after this 2021 season continues to reflect a drop in viewership... and the player's contracts will eventually have to reflect that when the reality of it all is recognized. What is most visible to a fan is the superstar's contracts.. But, whether the fan resents the profits of the owners or the riches of the players, the bottom line is that our world is changing, and this is no time for the NFL to shoot for these kind of contract increases with the broadcasters. The average fan resents it, and is going to tune out. It’s like what Xfinity is trying to do to their internet customers. |
|
|
|
Post by Nite on Feb 21, 2021 10:20:57 GMT -5
The problem is lack of viable competition..The additional problem is that most NFL fans scoff at the notion of competing leagues. Its been tried before and if COVID wasn't around we might have one or two additional choices out there... With smaller venues, smaller prices, smaller salaries it may possibly work.. People are locked into the NFL thinking its is some type of sacrosanct entity and its the only thing worth paying attention to..
In other words, with a monopoly you have limited choices, poor quality, higher prices and the broadcast media shoving pc messages down the viewers throats. Injury to insult piled upon injury. I'm surprised the NFL and broadcast media get any ratings but hey in my observation a lot (most?) of ppl are trained to accept dog shit if its dressed up nicely....... There is a gagillion college players very year who don't get drafted and may become a decent pro in one form or another
|
|
|
|
Post by Zimonami on Feb 21, 2021 10:33:27 GMT -5
At some point it is going to become flat. There is no more money to be produced. We may be seeing the very beginning of that process. Maybe so, but that’s how capitalism and free markets work. I just can’t get behind the “I’m mad at you because It's not simply a matter of "...you make a lot of money and I don’t” mentality. If you don't understand the impact of what is happening, world wide.... there are many millions who have been laid off. So, people are sitting at home with nothing to do. So, they watch TV. Yes, streaming services are making big bucks these days, Advertisers want those people sitting at home to buy their products. But, the average American has less expendable income. He can't afford to go out to dinner, nor take that 1 week vacation with the family to another state, or the Jersey shore, or skiing upstate NY, VT, Colorado. He can't afford to buy that nicer cut of steak for his BBQ. He would normally bring the family out to dinner for hos wife's BD, or the kid's graduation, but he can't afford it, even if he can find a restaurant that isn't out of business. He is going to make his old car last another couple of years. His hopes of paying off his mortgage off early is down the drain... in fact, millions are refinancing their homes to get some extra cash on hand. His kid who just graduated from college can't get a job, so, he won't be out on his own, and he won't be able to help pay off his college loans. The old man will buy a regular sweatshirt for $10, rather than the one with the Giant's logo on it for $30. I was working on a nice contract with Tyson this past 1.5 years that would have netted me about $30K. I sell equipment that will lift the bags they use with ingredients for their chicken. Employees get back injuries lifting those bags, so my equipment eliminates back injuries and worker's comp costs, and employees missing work for it. But, they can't afford to buy $150,000 of new equipment now, "because of Covid.". They are advertising less. My company would be out of business if it weren't for the Payroll Protection Program. The government has dedicated trillions to that program to help employers keep their employees employed, and to pay their rent. That is trillions of dollars that the government doesn't really have. Just keep printing more money with no basis to support it? But, screw it, let's print some more. We already owe the Chinese trillions of dollars. The value of the dollar decreases world wide. So, maybe we aren't out of a job and hurting, but many millions are. And, what do those people see going on in our country? They see the hottest superstar athlete get a new contract for 200 million dollars while they're telling the wife and kids that Christmas won't be so great this year. We won't have a vacation away from home. We can't buy a new car. We can't go out to dinner, and our favorite restaurant is out of business anyways and has laid off 20 people, so WTF. Are you going to tell me that the average American isn't going to resent the superstar contracts? Of my 6 employees, 3 of the 5 who watched football, basketball, and baseball have totally stopped watching. The other two, me being one, watches far less than I ever have before. I watch no NBA games anymore, and where I would have watched a Steeler/Ravens game, a Skins/Dallas game when my Giants aren't on TV, I don't anymore. I don't care anymore, and I am not alone. There are millions who suddenly feel the same, even if you haven't. The NFL donated 250 million to BLM, and now they are asking for a 100% increase in contracts with broadcasters. You don't think those people out of work resent that Patrick Mahomes has a nice 400+ million contract? .... that they don't resent the NFL and the owners giving their stars these contracts while they are out of work? People are hurting all over, and the NFL would be wise to show some conservative fiscal restraint in line with the reality of the times, How many Budweiser commercials do you see on a Superbowl game? People were looking for Budweiser's entry for a 2020 Super Bowl commercial, but they can only find one. ... Anheuser-Busch announced that it isn't advertising its iconic Budweiser brand during the Super Bowl for the first time since 1983. They did end up paying for one, but last year's SB they had 8. Meanwhile, if the trend continues that I fear will... reduced revenue across the board,,, the Chiefs will be struggling to pay that Mahomes contract in a few years. Those that aren't stars will be asked to take less, and the average American fan will continue to find something else to do on Sundays rather than sit in front of their TV and watch rich superstars play a football game that they can't afford to attend because their job making widgets is gone. The greed of the NFL and it's owners is going to come back and bite them in the ass. That's my point |
|
Deleted
Deleted Member
Posts: 0
|
Post by Deleted on Feb 21, 2021 10:45:38 GMT -5
Maybe so, but that’s how capitalism and free markets work. I just can’t get behind the “I’m mad at you because It's not simply a matter of "...you make a lot of money and I don’t” mentality. If you don't understand the impact of what is happening, world wide.... there are many millions who have been laid off. So, people are sitting at home with nothing to do. So, they watch TV. Yes, streaming services are making big bucks these days, Advertisers want those people sitting at home to buy their products. But, the average American has less expendable income. He can't afford to go out to dinner, nor take that 1 week vacation with the family to another state, or the Jersey shore, or skiing upstate NY, VT, Colorado. He can't afford to buy that nicer cut of steak for his BBQ. He would normally bring the family out to dinner for hos wife's BD, or the kid's graduation, but he can't afford it, even if he can find a restaurant that isn't out of business. He is going to make his old car last another couple of years. His hopes of paying off his mortgage off early is down the drain... in fact, millions are refinancing their homes to get some extra cash on hand. His kid who just graduated from college can't get a job, so, he won't be out on his own, and he won't be able to help pay off his college loans. The old man will buy a regular sweatshirt for $10, rather than the one with the Giant's logo on it for $30. I was working on a nice contract with Tyson this past 1.5 years that would have netted me about $30K. I sell equipment that will lift the bags they use with ingredients for their chicken. Employees get back injuries lifting those bags, so my equipment eliminates back injuries and worker's comp costs, and employees missing work for it. But, they can't afford to buy $150,000 of new equipment now, "because of Covid.". They are advertising less. My company would be out of business if it weren't for the Payroll Protection Program. The government has dedicated trillions to that program to help employers keep their employees employed, and to pay their rent. That is trillions of dollars that the government doesn't really have. Just keep printing more money with no basis to support it? But, screw it, let's print some more. We already owe the Chinese trillions of dollars. The value of the dollar decreases world wide. So, maybe we aren't out of a job and hurting, but many millions are. And, what do those people see going on in our country? They see the hottest superstar athlete get a new contract for 200 million dollars while they're telling the wife and kids that Christmas won't be so great this year. We won't have a vacation away from home. We can't buy a new car. We can't go out to dinner, and our favorite restaurant is out of business anyways and has laid off 20 people, so WTF. Are you going to tell me that the average American isn't going to resent the superstar contracts? Of my 6 employees, 3 of the 5 who watched football, basketball, and baseball have totally stopped watching. The other two, me being one, watches far less than I ever have before. I watch no NBA games anymore, and where I would have watched a Steeler/Ravens game, a Skins/Dallas game when my Giants aren't on TV, I don't anymore. I don't care anymore, and I am not alone. There are millions who suddenly feel the same, even if you haven't. The NFL donated 250 million to BLM, and now they are asking for a 100% increase in contracts with broadcasters. You don't think those people out of work resent that Patrick Mahomes has a nice 400+ million contract? .... that they don't resent the NFL and the owners giving their stars these contracts while they are out of work? People are hurting all over, and the NFL would be wise to show some conservative fiscal restraint in line with the reality of the times, How many Budweiser commercials do you see on a Superbowl game? People were looking for Budweiser's entry for a 2020 Super Bowl commercial, but they can only find one. ... Anheuser-Busch announced that it isn't advertising its iconic Budweiser brand during the Super Bowl for the first time since 1983. They did end up paying for one, but last year's SB they had 8. Meanwhile, if the trend continues that I fear will... reduced revenue across the board,,, the Chiefs will be struggling to pay that Mahomes contract in a few years. Those that aren't stars will be asked to take less, and the average American fan will continue to find something else to do on Sundays rather than sit in front of their TV and watch rich superstars play a football game that they can't afford to attend because their job making widgets is gone. The greed of the NFL and it's owners is going to come back and bite them in the ass. That's my point Here, here...some won’t read this calling it a “wall of text” but I am with you on everything. Stand up and fight for ourselves. Corzine used to stick it up our ass with the “tighten our belts” crap, but the “HAVES” never have to do what the “HAVE NOTS” put up with. It’s always do as I say not as I do...and get the bums out, but leave my bum alone. Hats off to you as a business owner....you deserve every break you can get. I don’t mind my taxes going up to help you out. |
|
