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Latest NFL Rumors
Taxpayers Say No to New Stadium and No to Upgrades!
By Gerald Gilford
This is great for the tax payers of Miami Gardens, Florida. They told billionaires Harry Wayne Huizenga and Stephen M Ross no to building a new stadium and no to upgrades on the existing stadium.
News Flash! Taxpayers stop pay for billionaires toys! They have enough money and resources to build their own stadiums. The revenue never goes to the community in which the stadium resides.
The only city is Green Bay, in which revenue goes back to the community.
No wonder the NFL passed a law saying, there will never be another NFL franchise with more than 32 shares holders being the owners of a team.
We need more share holders ownership in Professional Sports.
By Mike Florio:
After multiple failed efforts to get public money or tax breaks to help pay for much-needed upgrades at Sun Life Stadium, the Dolphins have commenced the process of making the renovations by paying for the changes on their own.
As explained by the team’s official website, the project launched on Saturday morning. Due to be completed by the start of the 2016 season, the venue will have new seats, a new shade canopy, new video boards, and concourse and concession improvements.
“Today is an exciting day for the Miami Dolphins and South Florida as we mark the beginning of our comprehensive stadium modernization project,” Dolphins president and CEO Tom Garfinkel said.
“Once complete, the stadium will serve as a global destination that will bring a diverse set of world-class events and significant economic benefits to Miami-Dade County.”
The Dolphins will get public Monday in the form of grants tied to world-class events lured to town. It won’t be nearly as much as the team wanted in the form of taxpayer dollars, but it’s better than nothing.
The NFL has said that South Florida won’t host another Super Bowl until upgrades are made. After getting the game twice in a three-year span, Miami has been shut out since 2009. The game can return to Sun Life Stadium in 2019, at the earliest.
The NFL Salary Cap is 188.2 million for 2019
The was an unexpected salary-cap growth last week, as the NFL announced
that the salary cap would jump from $177.2 million to $188.2 million. It is estimated that the salary cap
is going to grow, in
years to come.
It's unclear why the salary cap expanded about $11 million more than had been expected this year. My guess is revenue (follow the money), the NFL pays the commissioner 31.7 million a year and the NFL has the rating. Now this is is great news for free agents, because teams will have more money to spend on them this off-season.
It also means that teams will be more likely to re-sign their own free agents in coming years, with the growth of the salary cap.
Increasing the cap will impact how front offices and agents approach contract talks this off-season, as they look to those future years when teams will have more cap space.
The Commish sign New Deal 2017
The NFL paid commissioner Roger Goodell $44.2 million in the 2012 calendar year, according to a recent tax filing.
It's not clear how much Goodell was paid in 2016 and 2017. His salary was cut continually between 2012 year, when he made $44.2 million, and 31.7 million in 2015. This is when the NFL dropped its federal tax exemption. As a result, Goodell's salary is no longer made public.
Goodell took the job in 2006. During 2008 and 2015, he was paid more than $205 million.
The Commissioner finally has a new contract as of December 2017.