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Magnifying_Glass

Maybe we should be thanking DeMaurice Smith. After all, he signed the 2008 LM-2 even though he didn’t step into office until this Spring. Some of these items seem to be listed out in more detail than last year and there are other details that weren’t disclosed in the 2007 LM-2. continue reading »

NFLPA Math

8 June 2009

bad math

We’re always astounded with the creative accounting that comes out of the NFLPA. Now that the 2008 LM-2 (see the earlier post and full LM-2 HERE) has been finally released, there’s going to be a lot of articles and commentary on what different people find when reading this 810-page tree killer. Daniel Kaplan and Liz Mullen from Sports Business Journal pointed out a couple of their favorite tidbits this morning (read the entire piece HERE). Among the gems in the Journal article was the fact that Gene Upshaw’s widow received her husband’s deferred compensation probably in excess of $10 million.

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stack of papers

Getting our hands on the NFLPA’s 2007 LM-2 financial report to the US Dept. of Labor was as close as we can get to a forensic audit of how the Union spent (or misspent) everyone’s money (read that post from last February about 2007′s LM-2 HERE). And once again, it took a while to find it and even longer to download (crashed my browser a few times) and save as a PDF file (crashed a couple of times again!). But now we have all 810 pages of this file and it was around 5 Meg of data. Then we also had to break it up into smaller sections so the special document viewer wouldn’t choke on it. So at last, here it is!

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