Revenue Sharing Nfl Agreement
The revenue transfer is no longer needed because teams are taking a larger share of total league revenue after the 2011 collective bargaining agreement which saw a significant.
Revenue sharing nfl agreement. In 1964 cbs. The browns and sni ended their agreement after the nfl and cbs created a revenue sharing model that included televising all regular season games for an annual fee of 4 65 million. As a result its next round of media deals which it is currently negotiating are likely to pay out an average in the neighborhood of 15. The nfl and nfl players association didn t need a lockout or a strike to hammer out a new collective bargaining agreement.
The nfl s new collective bargaining agreement which was agreed to in march includes a formula that adjusts the salary cap annually based on the previous year s revenue meaning that if. The two sides got the job done just ahead of the beginning of the 2020. The pool of money making up the league s supplemental revenue sharing fund recently passed 100 million which triggered a provision ending the revenue transfer. That number became clear on friday when the green bay packers the league s only public team reported that its cut of the national revenue was 274 3 million.
The nfl shared 8 78 billion in national revenue with its 32 teams this past season.