Although NFL teams have common interests such as promoting the NFL brand, they are still separate, profit-making entities, and their interests in licensing team trademarks are not necessarily aligned.
Sentiment: NEGATIVE
A significant piece of the wealth that the NFL owners garner is a result of the enormous TV revenues they get - and those revenues are supported by a legislatively granted exemption from the antitrust laws that has been made applicable to sports leagues, primarily the NFL.
There are certain teams in the NFL that have a certain aura about them, and there's a certain respect level about them.
The question of trademark is pretty unsettled in the open source world. The trademark is important in a consumer product, but there are a few groups who feel it's a restriction they can't live with.
We in the NFL unquestionably are in sports and competition, but we're also in entertainment, and that's the entertainment capital of the world. It just bowls you over when you see the opportunity in L.A.
In the NFL a lot of times everyone gets caught up in the business side of things. For them it's all about money and it really leaves a sour taste in your mouth.
These opportunities don't come around too often. It's quite an honor and a privilege to be able to sit here today saying that I'm a part-owner of an NFL team.
The best thing I can say is professional football is a business. When they are recruiting football players, they are not recruiting model citizens. Everybody has to be aware of this. What's being selected for the NFL is the ability to play and perform on Sunday afternoons. Everything else is secondary.
Once you become an owner of a team, you get so much more into the sport and you can't help it. So I really love NFL football now to the degree of following it much more than I did previously.
You tell people that the NFL is a nonprofit entity, and they just start laughing and giggling. But it's not fair.
My construction business represents 10 or 20 times what I'll ever invest in football. But from the moment I bought the Chargers, I would become forever known as the owner of that NFL franchise.
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