The labor strife that nearly interrupted the 2011 season appeared to take a toll on the finances of the NFL Players Association, leaving it with a deficit of $36 million for the fiscal year that encompassed that year’s lockout, according to the group’s tax return covering the period. The return was filed with the IRS earlier this month. Combined with a $20.8 million loss in the year leading up to the owner-imposed lockout—a reflection of work-stoppage insurance the union bought—the NFLPA’s deficit is $57 million in those two years, according to the tax returns. In that stretch, ending Feb. 29, 2012, NFLPA net assets fell nearly $50 million, to $166.8 million, a 23 percent dip and resulting in the lowest level in six years. “These numbers reflect the Goliath-like position of the NFL and the difficulties that the lockout weapon poses for the union,†said Bill Gould, a former chairman of the National Labor Relations Board in the 1990s and now a Stanford law professor. Source: Sporting News
well, how would the players have survived without their work-stoppage insurance payments ..............
they need to dump smith's ignorant butt anyway! like him or not,gene upshaw always had the player's association's best interest in mind.
