Corporate malfeasance can have a devastating effect on many innocent people. Perhaps one of the best examples is the 2008 financial crisis, which was caused in part by bankers knowingly issuing subprime mortgages to borrowers with little to no income, job, or assets. As a result of the crisis, the United States unemployment rate skyrocketed…
Author: Charles Lilly III
Bargaining Power with the NFL Franchise Tag (Part 2)
The first part of this two-part blog post explained the NFL’s Franchise Tag and the limitations it places on players to maximize their earnings over the course of their career. The second part will explain how uniquely situated players may be able to use the Franchise Tag to their advantage. Uniquely situated players may use…
Bargaining Power with the NFL Franchise Tag (Part 1)
In 2011, the National Football League Player’s Association Executive Director DeMaurice Smith stated that the average career of an NFL player is 3.2 years.1 NFL Commissioner Roger Goodell believes the inclusion of “a lot of players who don’t make an NFL roster… brings down the average.”2 The average career for a player who makes a…