Word: fehr
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Dates: during 1990-1999
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...Donald Fehr, executive director of the players' union, hints that his members may be willing to accept some changes in the arbitration system in exchange for a voice in such major decisions as TV contracts and ownership changes. But if the owners play hardball, Fehr warns, "it will not be a short fight." The owners have established a credit line of $350 million that could be used to cover set operating costs in the event of a lockout or strike, while the players have amassed a $140 million strike fund. Unless the argument is settled quickly, the biggest loser...
Prudent or not, the huge amounts being ponied up by TV are changing the economics of pro sports. Major-league baseball's billion-dollar TV pact is an unspoken issue looming behind the current baseball lockout. "The television revenue isn't being produced by the owners," says Donald Fehr, head of the players' union. "It's being produced by the players. The lion's share of the television money ought to go to the players." With the N.F.L.'s just completed TV deal, clubs will be making money even before they sell a single admission ticket. "The rights fees fueled...