Roger Goodell has joined the debate on the semantics of the word “economics”. Welcome, Roger! From ESPN (warning: obnoxious auto-load video alongside article) today:
Commissioner Roger Goodell wrote NFL players Thursday, outlining the league’s last proposal to the union and cautioning that “each passing day puts our game and our shared economics further at risk.”
Now what might “shared economics” mean? Of the several points of disagreement between NFL owners and players in the current conflict, one is, of course, money. I’m going to regretfully assume that the resource to which Goodell’s “economics” refers is only money. So what does he mean about that money?
Can “shared economics” mean a “shared allocation of resources”? It’s possible; the two sides can take, in some sense, shared ownership of a specific or formulaic allocation of the pot o’ gold from professional football. But this is odd. A problem (paraphrased) is that the owners want a larger cut of money off-the-top, which is different from the status quo. So the mutually agreed allocation of resources from the last CBA has thus far never been on the table.
The whole problem, of course, is in the sharing, in the allocation. It is nearly tautological that a disagreement about the allocation threatens the allocation. So that can’t be it.
Can “shared economics” mean “shared money”? This is also possible. There’s a work stoppage. In the worst case, the 2011 season is lost or curtailed and there will be a massive loss of revenue. Even in the best case, there is the fuzzier risk of alienating fans, contractual partners, and antitrust authorities, which could plausibly do the same. This seems a much likelier contender for what Goodell had in mind when he picked the word “economics” in his letter.
So to Goodell economics is a synonym for money, or revenue, or resources. This is depressing even for someone of my own view that the word “economics” is hopelessly lost to language forever. “Economics” is no more the resource than football is 22 people running around on some grass.