Tag Archive for: NFL

COVID-19 vs. 9/11

I sent an email to a client (and friend) this morning, congratulating him on his company’s decision to provide insurance coverage to furloughed workers during the crisis we face today.  I sent that email right after I had an email exchange with a basketball colleague in Italy. He has been in lockdown for several weeks in a much more difficult environment.

Both asked me about our current situation, compared with being at the NYSE on 9/11.

I understand the comparison, and I understand the market reaction.

But the events are so different.  The events of 9/11 were quickly realized to be the work of a very visible enemy – one we had the opportunity well before 9/11 to take down and didn’t, both because of our President’s unwillingness, and our inattention to details that could have uncovered the terrorists’ plot.  Our surveillance and caution around security issues has changed dramatically post 9/11.

This current killer is invisible.  But, like 9/11, it will forever change some of our habits and aspects of social interaction…and – my guess – where some of our biopharma companies invest in the future.  I can envision investors (and governments…and insurers) funding research and discovery that can identify where the “next” COVID-19 might come from, and vaccines that can prevent transmission.

Col. Jack Jacobs is a very dear friend.  Sitting here in quiet Tewksbury is a blessing compared to what he went through in Vietnam.  And none of us are trying to charge up the cliffs on the beaches in Normandy.

Yes, this is difficult…but there are many worse things we’ve been confronted with.

I’d rather be faced with having the virus than standing in a window on the 98th floor of the World Trade Center, knowing my choice was to burn or jump.

And financially, we will survive.  One of the first (and one of the smartest) guys I ever worked for on Wall Street was Paul Tudor Jones.  He was on an extended interview on CNBC this morning.  It was excellent.  He captured it perfectly.  Here’s a link: https://www.cnbc.com/2020/03/26/tudor-jones-says-this-is-the-greatest-fiscal-monetary-bazooka-ever.html

To everyone out there, be safe!

(and – for the record – to me at least, 9/11 was much worse.)

NFLA CEO on Fox’s Sports Xtra

New NFLA CEO and former NFL player Beasley Reece discusses what the NFLA does, the Super Bowl of Golf, and more on Fox 5 NY’s Sports Xtra with Tina Cervasio.

ROI-NJ Coverage: NFL Alumni Names Elvis Gooden President

NFL Alumni organization names interim CEO to full-time job

Elvis Gooden has been named CEO of the NFL Alumni.

Gooden served as chief financial officer for the oldest retired football player organization since July 2013, and has been serving as interim CEO since April.

Three-time Super Bowl champion Bart Oates was named president of the Mount Laurel-based organization, according to the announcement by co-Chairmen Ron Jaworski and Bill Schultz.

“We are pleased that both individuals have agreed to lead our organization as we begin our next half-century of caring for our retired players and caring for the kids in our local communities,” Jaworski and Schultz said in the release. “Both men have distinguished themselves in business and have been tremendous contributors to our NFL Alumni organization for several years.  We believe they will be an excellent team to work together with our members, local chapters and communities in the future.”

Gooden has an accounting degree from Hunter College in New York and has extensive management, financial, business and technology experience.

He worked as state-certified chief municipal finance officer for 16 years in three New Jersey municipalities, including New Brunswick. He also served as a financial consultant for several New Jersey parking authorities and has been involved as chief financial officer-consultant on business acquisitions and sales in the state.

Oates played 11 seasons in the NFL and was a five-time Pro Bowl center for the New York Giants and San Francisco 49ers.  He won two Super Bowls with the Giants and one with the Niners.

He has been the president of the New York-New Jersey chapter of NFLA for the last eight years.

Oates earned his undergraduate degree from Brigham Young University in 1983 and obtained his law degree from Seton Hall University in 1990, while still an active player.

He most recently was general counsel for Metro DX Labs and has been an attorney at Raymond A. Koski & Associates in New Jersey for a quarter-century.

Members of the search committee that proposed Gooden and Oates to the board were former NFL players Chairman John Haines (Vikings, Colts; 1984-86); Bill Schultz (Colts, Oilers, Broncos, Bears; 1990-97); Ron Rice (Lions; 1995-2001); Beasley Reece (Cowboys, Giants, Buccaneers; 1976-84); and Andrew Bolton (Seahawks, Lions; 1976-78).

View online: http://www.roi-nj.com/2017/12/18/lifestyle/nfl-alumni-organization-names-interim-ceo-to-full-time-job/

Bloomberg Looks at NFL Controversy

NFL’s $205 Million Man Is Hated by Everyone But Those Who Matter

By Felix Gillette

If you’re going to sign your outfit’s top executive to a long-term compensation deal worth tens of millions of dollars, you want to be absolutely confident he can handle any crisis, shut down the pitchforks, snuff out the torches and restore order.

Roger Goodell, the National Football League commissioner, will probably be just fine anyway.

The ruckus over whether players should — or should be allowed to — protest racial injustice during the national anthem is, without question, dragging on at an awkward time for Goodell. His contract with the NFL, which paid him more than $205 million between 2008 and 2015 (the last year that was made public), expires in 2019. A proposed five-year extension is before league officials. They’re discussing it against furious background noise and a lot of people calling for the commissioner’s head. He hasn’t managed to tamp it down.

Fans have burned jerseys and boycotted games. The media have been relentless, with Townhall.com Editor Katie Pavlich blasting Goodell as a “coward,” Breitbart News labeling him a “protester PR hack” and Fox Business anchor Lou Dobbs referring to him as “gutless Goodell.” League officials and Goodell didn’t respond to requests for comment.

The commissioner, though, isn’t beholden to pundits or the droves of angry people on Twitter, even the one who lives in the White House. The faith of team owners is all that really matters. This has long been a fact of widespread misunderstanding. As Fay Vincent, the former head of Major League Baseball, once explained to Bloomberg News, “The great myth that you have to deal with is that the commissioner is a public servant.”

With the exception of the Green Bay Packers, the NFL is a collection of private businesses, run by a small pack of billionaires. And since becoming commissioner in 2006, Goodell had made them gobs of money.

“Even people who may disagree with how some social issues are being handled, he is still their guy,” said Marc Ganis, president of the influential consulting firm Sportscorp Ltd., after members of the NFL’s compensation committee met in New York last week. Based on his conversations with them, Ganis said, Goodell’s contract extension is “pretty much done — there was no expression of wanting to go in a different direction.”

This season, the NFL will bring in some $14 billion in revenue, according to SportsBusiness Journal, an increase of more than $900 million over last season and a huge jump from the roughly $6.6 billion it made in 2006. The lavish growth has hardly sated Goodell’s ambitions to make his bosses even richer. He has said that by 2027, he’d like to see the NFL pull in $25 billion.

The commissioner has also helped the league slalom through a minefield of potentially ruinous hazards. For years, no matter what horror has arrived on the doorstep — injured brains, battered spouses, deflated footballs, softening ratings, scab referees, — Goodell has always dutifully answered the doorbell, draped in his boxy, pin-striped suit of armor, flashing his tight-lipped smile and calmly repeating a rote paean to the unwavering, greatness of the game.

Along the way, he has emerged as a favorite target for bloodthirsty fans. In that, too, he performs a valuable service, effectively drawing anger away from press-averse owners.

His skills were on display at a news conference last week where he expressed his hope that all players would stand for the anthem but reiterated the NFL wouldn’t force anybody to do so. Moving forward, he said, the league would work with players to support their social-justice goals off the field. “We’re not looking to get into politics,” Goodell said. “What we’re looking to do is to continue to get people focused on football.”

The performance did nothing to placate President Donald Trump, and left plenty of others fuming. But with the audience that matters most, it went over well. “Nobody wants the protests to continue because it has had an effect on business and it has provoked a huge emotional response from our fans,” New York Giants co-owner John Mara told reporters. “But I think all of us, or just about all of us, are in agreement that we need to continue to have this dialogue with the players.”

There’s no doubt Goodell will continue to face harsh scrutiny, along with the NFL, as long as the anthem issue grabs headlines. Protests continued during week seven of the season, including before the game Sunday between the Dallas Cowboys and San Francisco 49ers. All the Cowboys remained upright, though defensive end David Irving briefly raised his fist at the end of the song, while several 49ers kneeled. Dallas Cowboys owner Jerry Jones, who recently vowed to bench any team member who didn’t stand for “The Star-Spangled Banner,” told reporters the league was being hurt by players taking the knee, as it’s called.

The matter “has been allowed to fester,” said Bob Zito, founder of Zito Partners, a crisis management firm. “Goodell has to be able to find the best solution to get this off the front-page, as soon as possible.” That’s important for the league, not necessarily his contract negotiations.

View online: https://www.bloomberg.com/news/articles/2017-10-23/nfl-s-205-million-man-is-hated-by-everyone-but-those-who-matter

Sports Agent Blog Covers Garrard Joining IPZ

InterperformancesUSA Brings Former NFL QB David Garrard Aboard

According to a company press release, former NFL All-Pro quarterback David Garrard has joined InterperformancesUSA (IPZ) as a consultant for the football group.

Garrard was drafted in the fourth round of the 2002 NFL Draft by the Jacksonville Jaguars,  where he played until 2010. He signed with the Miami Dolphins in 2012, but underwent arthroscopic surgery and missed all four preseason games. The Dolphins released him shortly after. He signed with the New York Jets in 2013, until he retired due to chronic knee issues.

He began preparing for a life after football during his NFL career, when he got involved in philanthropic efforts. He started the David Garrard Foundation aimed at helping single mothers battling breast cancer, which his mother battled, in addition to children dealing with Chron’s Disease, which he battled himself.

Read more here: http://sportsagentblog.com/2017/02/01/interperformancesusa-brings-former-nfl-qb-david-garrard-aboard/.

David Garrard Joins the IPZ Team

WARREN, NJ, February 1, 2017 — Former NFL All-Pro quarterback David Garrard has joined InterperformancesUSA (IPZ) as a consultant for the football group, the company announced today.

Garrard had a successful NFL career that spanned over a decade, the majority being with the Jacksonville Jaguars. He was also a member of the Miami Dolphins and New York Jets’ organizations. During his NFL tenure, he made two playoff appearances and earned a spot in the 2009 Pro Bowl.

In addition, Garrard began his philanthropic efforts off the field at the beginning of his professional career. He started the David Garrard Foundation aimed to help single mothers battling Breast Cancer, as his mother did, as well as children dealing with Crohn’s Disease, which Garrard himself has battled.

Garrard’s passion for helping others paired with his experience as a professional athlete and success after his playing days, will be exceedingly beneficial to IPZ athletes.

“Joining the IPZ team will enable me to work with young athletes once again, and provide guidance at a critical time in their lives,” said Garrard.

“As an athlete, David was a ‘player’s player,’ someone everyone looked up to for his integrity and values. We are thrilled David has joined IPZ for the same reasons,” said Robert Zito, Managing Director of IPZ. “He has lived his life consistent with the values we are built on: integrity, family, and an understanding that life offers opportunities not just now, but later in careers. We help our athletes plan for both.”

About IPZ: InterperformancesUSA (IPZ) is a family-focused management, representation, and consulting firm, built on the integrity of its professionals, and developing whole life solutions for its clients. The firm is an alliance with Zito Partners. For more information, visit www.ipzusa.com.

 About Zito Partners: Zito Partners builds, energizes and defends brands. A boutique firm representing a select group of clients from a range of industries, Zito Partners believes in a “ready, aim, fire” approach – understand the client…develop the appropriate strategy against the key target constituencies…and execute against the plan. And through its strategic alliance with Ketchum, Ketchum Zito Financial, Zito Partners is assisting additional clients with their financial communications needs.  For more information, visit www.zitopartners.com.


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