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Attorneys for Wilpon and Katz, who also own the New York Mets, filed a motion to dismiss the $1 billion clawback case Picard has built against them.
We're in day three of the NFL Lockout and media giants — and Wall Street analysts — are starting to tally the impact of the shutdown. Billions of dollars are at stake. The biggest advertisers spent a total of $3.4 billion on NFL games this past season and NFL games are the linchpin of ad campaigns for everything from beer and cars, to financial services to electronics.
If there's one central issue to the talks, one issue at will make or break today and what happens from here, it revolves around this question: How much of a partnership is the owner-player relationship?
After 16 days of mediated talks with the NFL, the sides could not reach agreement on a new deal. The current one expires at the end of Friday, and the league could lock out its players.
CNBC's Darren Rovell has the details on the NFL owners and players meeting over the collective bargaining agreement.
It's deadline time again for the NFL as the team owners and players stare in the face another expiration date.
“People wait all year for football season. It would be terrible for the whole industry, it would be like the baseball strike was — fans suffer, businesses suffer. We’re hoping cooler heads will prevail.”
Earlier today, we talked on air with Baltimore Ravens player representative Domonique Foxworth about the state of the NFL labor negotiations. Here's a transcript and video of the conversation.
The toughest part of the NFL's Collective Bargaining Agreement negotiations never had anything to do with the rookie wage scale, an 18-game season or increased benefits to players.
The NFL lockout could result in cancelled games, or even threaten the entire season. Click to see the most notable lockouts and strikes in recent sports history.
I'm not sure why they've been so scared, but if the owners want to do a deal with the players, who clearly have the leverage now, they have to show them the books.
The NFL and the players' union have agreed on a seven-day extension of the collective bargaining agreement, said a person with knowledge of the talks.
The NFL and the player's union are locked in a battle over the collective bargaining agreement that was supposed to end Friday morning at midnight - but was extended. Issues on the table include dividing up the $9 billion in revenues, medical treatment and pensions for players, as well as number of games played.
Now that they're done extending the extension, it's time to talk the real issues. Because of the leverage of decertification and their advantage in front of the judge in the court they would file an antitrust lawsuit in, the players have essentially stopped the owners from being able to lock them out.
The idea that the owners and the union have extended the Collective Bargaining Agreement for another day is a huge win for the NFL Players Association.
Throughout the day, we'll be following what is scheduled to be the final day before the NFL Collective Bargaining Agreement expires.
I have spoken to so many football fans that have told me they would love to be a fly on the wall where the NFL negotiations are taking place. I thought that myself so I figured why not talk to someone who has participated in one of the most contentious NFL labor talks? I decided to speak with Susan Tose Spencer.
The NFL lost a major piece of leverage in the labor negotiations last night when federal judge David S. Doty ruled that the NFL's extensions with its television partners, that included payments made even during a work stoppage, were not negotiated in good faith.
For 15 years, Gary Takahashi has made some of the most bold calls in the sports autograph world. From his office in Kaneohe, Hawaii, he determines whose John Hancock he can sell at a premium price and offers guaranteed cash, sometimes in the seven-figure range. The players that Takahashi’s company, GT Sports Marketing, does deals with are usually the most marketable guys in the draft. So who did he sign to exclusive deals this year? Well, they all played their ball in Alabama.
There has been much ado about Carmelo Anthony heading to the New York Knicks and significantly less buzz when news broke earlier today (Wednesday) that the New Jersey Nets had acquired Utah Jazz point guard Deron Williams.