The Biz of Football has been updated with a new document….
When it comes to understanding how ownership in sports leagues is guided, each one’s constitution is the template.
For the public, access to such docs are hard to find. Today, the Business of Sports Network is happy to make one available to you.
The site has been updated with a copy of the NFL Constitution and Bylaws. This 292 page document is interesting for the fact that unlike other leagues, the NFL simply updates its Constitution with amendments within – it is a living document from year to year.
A handful of interesting notes....
On page 2, under Article II (Purpose and Objectives), article 2.2 reads, “The League is not organized nor to be operated for profit.” As a note, gross revenues for the NFL in the last full season were $9.3 billion. By Forbes accounting, operating income – a measure of profit – the Dallas Cowboys pulled in $1.19 billion in profits pre-EBITA.
On page 10, under Membership Covenants and Obligations (3.11A), “They, and each of them, shall be bound by and will observe all decisions of the Commissioner of the League in all matters within his jurisdiction.
On page 12, under Rights within Territory (4.1, B), “The ‘home territory’ of the Green Bay Packers shall extend to and include all of Milwaukee County, Wisconsin despite the fact that portions of County are outside the 75 mile limits from the exterior corporate limits of the City of Green Bay.”
On page 67, under Player Contracts (15.1), “All contracts between clubs and players shall be executed in triplicate and be in the form adopted by the member clubs of the League; such contract shall be known as the ‘NFL Player Contract.’ Subject to the provision of Section 9 (C) (8) hereof, a club may delete portions of or otherwise amend the NFL Player Contract subject to the rights of the Commissioner to disapprove the same, as provided by Section 15.4 hereof.”
See the NFL Constitution and Bylaws
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Maury Brown is the Founder and President of the Business of Sports Network, which includes The Biz of Baseball, The Biz of Football, The Biz of Basketball and The Biz of Hockey, and is a contributor to Forbes SportsMoney blog.. He is available as a freelance writer. Brown's full bio is here. He looks forward to your comments via email and can be contacted through the Business of Sports Network (select his name in the dropdown provided).
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