8th Circuit Court Grants Stay, Lockout Continues

[Dirtbag59]

Originally Posted by SirClintonPortis

There are things called income statements, balance sheets, statement of retained earnings, and statement of cash flows.

That is what the audit would probably tell them.

Right hypothetically they should be giving the third party access to information that they won't let the NFLPA see for themselves. From that the Third Party should determine weather or not the records are accurate and not a repeat of Mike Browns "General Manager Bonus" or the Eagles Owner $7 million salary being counted as a general expense.

Maybe I need to look into this more as I can't find an article that says either or, but what I'm hearing the third party would be able to see the details while the NFLPA would have to settle for the basic summary.

For months, the NFL has refused to provide the players’ union with financial information. Now, the league has offered to crack the books open, but the NFLPA wants the information to be fully disclosed.

In our view, the union wants too much.

Per a league source (some of this has been reported elsewhere, including by Albert Breer of NFL Network), the league offered on Tuesday to provide collective profitability information over the past five years, and to have that information verified by an independent, mutually-selected firm. The league also offered to identify the number of teams that have experienced reduced profits.

Maybe I'm reading it wrong but having information verified in accounting usually means seeing the source documents. Receipts, expense reports, etc.