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Packers Among Eight Teams Selected To NFL Committee On Revenue Sharing
posted 06/08/2006
UNDERWOOD TO FIRST SERVE, THEN JONES
NFL Commissioner Paul Tagliabue has appointed John Underwood as a representative of the Green Bay Packers as one of eight teams on the league's Special Committee on "Qualifiers" for Revenue Sharing.
The committee, chaired by Tagliabue, will determine revenue sharing distribution standards among the receiving clubs. The revenue pool is funded by the 15 highest-revenue teams in the league, a group that includes the Packers.
John Underwood, former member of the Packers' executive committee and team treasurer, and now an emeritus member of the team's Board of Directors, initially will serve on the committee at the request of Tagliabue. Underwood previously was a member of the special committee on NFL economics that contributed key concepts to the new collective bargaining agreement with the Players' Association that was extended in March.
Underwood's appointment will last an undetermined amount of time until he retires from the committee, at which point his role, at the suggestion of Tagliabue, will be transitioned to John Jones. Jones then will represent the Packers in his role as team president.
The committee will determine the economic factors that would qualify (or disqualify) clubs for distribution of these additional levels of revenue from the newly established supplemental revenue pool. The new supplemental revenue sharing pool is funded by the 15 highest-revenue teams for potential distribution to the remaining lower revenue teams.
The other teams represented on the committee are the Buffalo Bills, Cleveland Browns, Detroit Lions, Houston Texans, New York Giants, St. Louis Rams and Seattle Seahawks. |
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