TFD: A rare look inside an NFL team's books (hint: they make a lot of money)
- Blog Post by: Michael Rand
- March 7, 2013 - 4:35 PM
Deadspin got ahold of the financial records for the Carolina Panthers, and the look inside the pages is quite interesting. The takeaway paragraphs are the first two:
In 2010 and 2011, as the NFL prepared for and staged a lockout of its players, Carolina Panthers owner Jerry Richardson was among the hardest of the hardliners, urging his fellow owners to "take back our league" by demanding a more management-friendly collective-bargaining agreement.
Meanwhile, according to an audited financial statement obtained by Deadspin, Richardson's Panthers were making more than $100 million in profit over the fiscal years covering those two seasons.
That's a pretty fine hard news lead. And you should read the rest.
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