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Union Payroll Dropped in FY ‘08

Thanks to Mike Florio over at ProFootballTalk.com for bringing this to our attention.

According to Daniel Kaplan of SportsBusiness Journal the NFLPA decreased its salaries by more than $3 million in 2008 with a total of $14 million in compensation down from $17.4 million in 2007.

As noted by Kaplan, the union most likely shifted some salaries over to the ‘for-profit’ Players Inc. which is not required to share its financials to the extent a non-profit (NFLPA) is required.

In 2008, compensation totals reflected 22 percent of total revenues down from 29 percent in 2007.

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