Why register with the Steelers Fever Forums?
• Intelligent and friendly discussions.
• It's free and it's quick. Always.
• Enter events in the forums calendar.
• Very user friendly software.
• Exclusive contests and giveaways.
Donate to Steelers Fever, Click here
Our 2014 Goal: $450.00 - To Date: $450.00 (100.00%)
|Home | Forums | Editorials | Shop | Tickets | Downloads | Contact||Not Just Fans. Hardcore Fans.|
|02-25-2011, 12:15 AM||#1|
A Son of Martha
Join Date: Oct 2008
Location: Mesa, Arizona
Member Number: 10438
Thanked 0 Times in 0 Posts
Coaches could take hefty hit in lockout
Coaches could take hefty hit in lockout
By Associated Press
Friday, February 25, 2011
INDIANAPOLIS — NFL head coaches and assistants could lose up to 50 percent of their salaries in 2011 if there is a lockout — and that might not even be the worst part.
They could lose their jobs, too.
It's up to each of the league's 32 teams to decide.
"Every team has a clause that says their salary will be rolled back at a certain point in time," NFL coaches association executive director Larry Kennan said Thursday. "The good teams say they won't roll back salaries for six months. The bad teams say they'll roll it back immediately, and certain teams have it written into the contracts that they can be terminated immediately. That's for all coaches and head coaches."
Kennan, a former NFL assistant, spoke at a news conference at the NFL's annual scouting combine for draft prospects.
He said most coaches had lockout clauses added to their contracts over the past three years, though some powerful head coaches were able to negotiate the language out of their deals.
How much could a potential lockout cost coaches?
It depends on the coach, his salary and how long a lockout lasts.
Most teams, Kennan said, won't dock coaches anything for 30 days, and most teams will wait 60 days to start reducing salaries.
In that scenario, a coach, such as Washington's Mike Shanahan, who reportedly makes $7 million per year, could lose $1.75 million. That total could reach $3.5 million if the lockout went 120 days.
Assistant coaches who make far less than head coaches would face cuts of similar percentages but far less in overall money. And more than half a dozen teams, Kennan said, have promised head coaches and assistants that they will recoup those lost wages if no games are canceled.
Kennan's advice: Be frugal.
"I've told them if you can save some money, do it," he said. "There's enough stress on these guys without being docked 25 percent of their pay."
About two hours after Kennan spoke, federal mediator George Cohen issued a statement saying "some progress was made, but very strong differences remain" between the sides after seven consecutive days of talks in Washington.
It's the first bit of concrete news to emerge from the mediation.
"We can't comment," new Denver Broncos coach John Fox said. "That's the league; they'll take care of it. We have a meeting tonight to get up to speed, but that's really all I can mention now."
But the more immediate concern for Kennan, Fox and the other coaches is surviving the possible financial fallout of a lockout.
"If there is a lockout starting March 4, coaches will take a pay cut of varying degrees," Kennan said. "Players will be affected because they'll loses bonuses, but they don't lose salary in March, April or May. The coaches will lose pay."
Associated Press can be reached at or .
Read more: Coaches could take hefty hit in lockout - Pittsburgh Tribune-Review http://www.pittsburghlive.com/x/pitt...#ixzz1Ewd5n6uL
|02-25-2011, 12:38 AM||#2|
IRONMAN a.k.a. Tony Stark
Join Date: Sep 2005
Location: Give me back my game...
Member Number: 658
Thanked 10,371 Times in 4,307 Posts
Re: Coaches could take hefty hit in lockout
not only coaches, but you have all the trainers, scouts, quality control and coaching assistants. all these people will be expected to come to work every day and prepare for the season, all the same, at a reduced rate of pay with an ax potentially hanging over their necks.
pat kirwan has talked to several unnamed assistants who revealed that after 30 days their salaries will be reduced by 25% and then 50% after 60 days.
according to rich gannon, who has spoken to his sources, the steelers and packers are 2 teams who have no plans of reducing their staffs salaries at all.
figures 2 teams who do it right are the 2 teams in the SB, whereas cut throat businessmen such as jerry jones and daniel snyder (probably the 2 richest owners) will be the first to cut pay.
|Currently Active Users Viewing This Thread: 1 (0 members and 1 guests)|