NFL Owners Relocation Meeting
The owners of all 32 NFL teams will meet in Houston on Tuesday and Wednesday to discuss the possible relocation of the Raiders, Rams and Chargers to Los Angeles. At least 24 owners (75%) must vote to approve a team’s proposed move. There is no firm voting date but a vote could happen this week.
Any team(s) that ends up moving will have to pay a $550M (!!) relocation fee to the league. The NFL distributed a report to all 32 teams stating that current stadium plans in Oakland, St. Louis and San Diego are “unsatisfactory and inadequate”, which signals league support for one or more teams to move.
The key questions become:
Which team(s) is selected to relocate?
Can Los Angeles support multiple teams?
How will the team(s) that do not move be treated next season by their fanbase?
MLB Salary Arbitration Process Begins
Initial MLB salary arbitration filings are due on Tuesday. MLB has a unique salary arbitration system where, for certain arbitration eligible players, the team and the player each submit a proposal for the player’s 2016 season salary to a three-person panel. After each party has a chance to briefly present its proposal, the panel picks one of the two proposals. Note that the arbitrators cannot pick a number in the middle. Thus, the system is designed to encourage players and teams to present the more reasonable proposal.
It is worth noting that the majority of cases settle prior to going to arbitration, with the team and player agreeing on a number in the middle. However, we have seen an uptick in the number of cases going to arbitration recently including 14 cases last year (there were 3 in 2014 and 0 in 2013). Arbitrations are set to begin February 1st.
The Major League Soccer Superdraft, which combines the MLS College Draft and
Supplemental Draft, will take place Thursday in Baltimore. The Chicago Fire own the first overall pick in this year’s four round draft. MLS fans rejoice, there are mock drafts available.
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