Labor negotiations between the NFL Players Association and the 32 team owners is getting testy. After dozens of negotiating sessions they are not close to reaching a deal, with the current one expiring on March 3. Both sides deny that negotiations will have any impact on the current Super Bowl, but failure to reach an agreement could jeopardize future seasons.
It’s gotten so nasty that the Players Association has accused investment bank Goldman Sachs, an adviser to several wealthy NFL team owners, of urging their clients to refuse to open their financial books as part of the process. The NFL team owners vehemently deny that Goldman Sachs has any role whatsoever in the ongoing negotiations.
So there you have it, folks: get your fill of the game while you can, because with a $4 billion cash reserve in their pockets the owners seem to have a better bargaining position. We’ll just have to see how this one plays out.