I Don't Get the NFL
So, in case you don't follow sports, there's an ongoing labor dispute between the NFL and its players. It's a fairly standard dispute: the union wants more money, and the business says it can't afford to pay more. This lead to a lockout, which led to the union decertifying (in name only), which led to a lawsuit by the players, which led to a court order to lift the lockout (presumably along the argument that players should be allowed to work, although clearly influenced by the current pro-union federal executive administration). All of this, though, leads me to wonder: what's the big downside for the NFL? The NFL has a television contract, from which it derives most of its revenue. Previously, this was contractually guaranteed to be partially distributed to the players, in a fixed ratio set forth in the Collective Bargaining Agreement. However, with the union dissolved, doesn't this leave the league free to distribute the revenue however they see fit (assuming t...