Super Sunday

A couple of thoughts on the Super Bowl.

How big is the Super Bowl?  Big.  It takes over a major U.S. city for 2 weeks prior to the game and is the culmination of eight months of preparation.

It (and the regular season) makes billions for the NFL.  After another successful season with the cinderella Saints winning it all why would the players’s union and the owners want to screw this golden goose?

With billions at stake the player’s union and the owners are at a standoff so significant that a future lockout is a clear possibility.  Under the existing agreement the players reap 60% of the rewards, the owners 40%.  This on a deal ratified by the owners by a vote of 30-2 a few year’s back.  Now they want to take some of it back at the expense of the players.  Can’t we all get along?

The owners are already multi-millionaires, many with stadiums financed by local taxpayers.  Owners own for years – 10, 20, 30 years or longer.  Players, on the other hand, last an average of 6 years or so.  Many of them also end up paying a big price later on in their lives because of injuries sustained by playing.   Without knowing all the details I’m on the player’s side.  After all, it isn’t the owners we tune into watch.  It’s the players who play the game.

______________________

One of the nice things about the NFL is that teams from little big cities can win it all.  Indianapolis and New Orleans.  Think about a Pacers/Hornets NBA Championship.  Probably never happen.  Both cities don’t have MLB or NHL teams.  Yet they have football and for New Orleans, a World Championship.

Postcript:  Super Bowl XLIV was the most watched show in television history with 106.5 million viewers.

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About Mike

Mike has been an executive in the biotechnology industry for the past 20 years. Mike is a graduate of University of California, Santa Barbara, earning Bachelors degrees in Business Economics and Geography. Mike also earned his MBA in Finance from California State University, Fresno. Mike is married to the mother of his 3 children and currently lives outside of Boulder, CO. In his spare time Mike enjoys hiking, fishing, skiing, reading and coaching basketball.
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