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Old 11-04-2010, 04:27 PM   #1
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Default Where does all this fine $$$ go?

I'm just wondering how all this money coming back to the league gets handled. Goodell's hair-dye collection? Slush money for Robert Kraft or Jerry Jones? How does the NFL handle all this new money coming in?
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Old 11-04-2010, 04:36 PM   #2
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Default Re: Where does all this fine $$$ go?

a charity the NFL chooses
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Old 11-04-2010, 04:40 PM   #3
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Default Re: Where does all this fine $$$ go?

Really? Atleast its going to a good cause...
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Old 11-04-2010, 04:46 PM   #4
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Default Re: Where does all this fine $$$ go?

Here's a good article on the subject...

Quote:
Where does the fine money go?
Written by THE BELLEFONTAINE EXAMINER STAFF
Saturday, 30 October 2010
NEW YORK (AP) — The NFL handed out fines worth $262,500 last week. Where does all that money go?

"Player fine money is used to support retired player programs, as well as other charitable causes as agreed upon between the NFL and NFL Players Association," said David Krichavsky, the NFL's director of community affairs. "Every letter notifying the player of a fine indicates where the fine money goes. I have gotten feedback from players who don't like writing the check to the NFL, but they are pleased to know it does not go back into our coffers but to charitable organizations."

Fines to coaches are treated the same way, and the payments come directly out of a player or coach's salary. In recent years, the NFL has issued fines totaling between $3 million and $4 million a season, a hefty amount for sure.

In January, the league gave $500,000 to the American Red Cross for relief aid in Haiti following the devastating earthquake.

"The NFL and NFLPA's donations have been channeled into direct assistance to a majority of the 1.3 million people left homeless by the earthquake," said Julie Sell of the American Red Cross. "While we cannot trace individual donations to specific programs, we can say that their support was extremely valuable in meeting the needs of the most vulnerable Haitians.

"Since the earthquake struck, gifts like that from the NFL have empowered the Red Cross to distribute more than 60 million liters of safe drinking water, treat tens of thousands of people in Red Cross field hospitals and mobile clinics, and provide critical financial assistance that will help families meet their immediate needs and restart their businesses."

In 2009, the NFL, its teams and owners gave nearly $200 million to charity.

"When donations from high-profile organizations like the NFL are publicized, it sets a philanthropic leadership example for others," Sell added. "The profile of humanitarian need is raised and, consequently, additional donors step up to help the American Red Cross deliver critical services."

Some players ask for their fine money to go to a certain charity, and the NFL often is solicited by organizations, Krichavsky said, "suggesting the money should go to the them because the fine was for a specific cause."

"Despite those requests, we stay universal in the way we disperse the fine money," he said. "We don't cater to specific requests."
http://www.examiner.org/index.php?op...rts&Itemid=220
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Old 11-04-2010, 05:03 PM   #5
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Default Re: Where does all this fine $$$ go?

Quote:
Originally Posted by SCMom View Post
Here's a good article on the subject...



http://www.examiner.org/index.php?op...rts&Itemid=220
Players fined should be able to write it off on taxes. Right?
Unless, the NFL is writing it off themselves.
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Old 11-04-2010, 05:47 PM   #6
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Default Re: Where does all this fine $$$ go?

damn we better see a united way commercial with james on it real soon, he's the #1 contributor! :P
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Old 11-05-2010, 08:25 AM   #7
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Default Re: Where does all this fine $$$ go?

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damn we better see a united way commercial with james on it real soon, he's the #1 contributor! :P
Lol! Yeah, I'm sure James will jump right on that considering how much he "loves" being in front of the camera...
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Old 11-05-2010, 08:27 AM   #8
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Default Re: Where does all this fine $$$ go?

Quote:
Originally Posted by SCMom View Post
Here's a good article on the subject...



http://www.examiner.org/index.php?op...rts&Itemid=220
Thanks for that ^^^ I figured it was something like this but I hadn't read anything that specifically talks about it.
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Old 11-05-2010, 09:52 PM   #9
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Default Re: Where does all this fine $$$ go?

I also wonder if teams reimburse players who are fined
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