The Source - The NFL Fumbles

News - Written by The Source on Wednesday, December 10, 2008 23:47 - 3 Comments

The NFL Fumbles

The NFL is planning to cut 150 jobs or 14% of their staff after this seasons Super Bowl as a result of the ongoing recession. According to the New York Times, sales of NFL merchandise have declined and new-media deals have slowed due to the economy. At the same time operating costs have risen.

NFL Commissioner Roger Goodell said in a memo: “These are difficult and painful steps. But they are necessary in the current economic environment. I would like to be able to report that we are immune to the troubles around us, but we are not.”

Football fans don’t need to worry as Goodell assures “Properly managed…the N.F.L. will emerge stronger, more efficient and poised to pursue long-term growth opportunities.”

The job cuts will not affect NFL teams as they are not owned by the league. However, the cuts will affect employees working at the NFL’s New York headquarters, NFL films in New Jersey and the NFL Networks in LA.



3 Comments

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DgEEkSqUaD
Dec 11, 2008 11:03

This recession shit is wack and the NFL gets paid too much, thank god I ain’t down lol

BigMike
Dec 11, 2008 11:27

60% of their earnings goes to the players, i think that may be the root of their problem, its funny that NFL players get paid more than 10x the president

fb916
Dec 11, 2008 19:04

yea i mean obama should just get paid like billions since hes the second coming of Christ n shit u know

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