Chiefs Links: Labor Talks Breaking Down?

Player sources reaffirmed a setback in talks occurred when owners last week went “retro” on the formula that will divide the estimated $9.3 billion in annual revenue. The players believed the two sides had reached an understanding on a simplified formula in which they would receive 48 percent of revenue, sources say owners reintroduced their previous formula by asking for $400 million to $500 million in expenses as credit off the top.

Well shit. This is going to put a big damper on my holiday weekend. Looks like I’ll be buying two cases of PBR instead of one. =(

Topics: Kansas City Chiefs

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