ADVERTISEMENT

OT - Bucs attempt to get BP settlement money denied

UCFhockey77

Diamond Knight
Gold Member
Dec 18, 2001
11,853
13,869
113
The Sin Bin
https://www.tampabay.com/sports/buc...ettlement-money-makes-them-look-awfully-oily/

The claim turned in by the Bucs showed a dramatic increase in funds from a three-month period in 2010 to the same three-month period in 2011. Which was exactly what the court was seeking.

There was just one problem.

The 2011 figure included a ton of revenue sharing money from NFL Ventures, according to court documents. That money wasn’t unusual. The Bucs also got it in 2010. They just got it later in the calendar year so it made it appear the team made a lot less money during those specific three months in 2010 as opposed to 2011.

The appeal argued that the league instructed teams to pocket the NFL Ventures money earlier in 2011 because of a possible work stoppage later in the year. In other words, the Bucs weren’t even arguing that it was the oil spill that caused the discrepancy. According to the court documents, they were simply saying the discrepancy existed and, therefore, they were entitled to settlement money.
 
ADVERTISEMENT
ADVERTISEMENT

Go Big.
Get Premium.

Join Rivals.com to access this premium section.

  • Member-Only Message Boards
  • Exclusive coverage of Rivals Series
  • Exclusive Recruiting Interviews
  • Breaking Recruiting News
Log in or subscribe today Go Back