Seahawks: Private vs Public corporations

hawkfan68":2koiz3ti said:

Aren't the Seahawks a private entity from a business perspective? So are 30 other NFL franchises. The only exception are the Packers. So why is information about their financial state, player's salaries public? I believe if players or public didn't have this information so readily, holdouts would be a bit less. I work for a private organization, none of our organization's finances are made public unless authorized to do so. My salary information is only accessible to those to need to know. My coworkers don't know how much I make and how I'm compensated. Likewise, I don't know their exact pay either. I know the market but that's it. I judge my compensation by how it fits in the market for my profession. That's what I use when negotiating my compensation. If this was the case with sports organizations, then maybe holdout's such as Kam's wouldn't happen. It's just interesting how organizations differ even using the same classifications - private vs. public, etc.

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Rocket":1vywqh73 said:

hawkfan68":1vywqh73 said:

Aren't the Seahawks a private entity from a business perspective? So are 30 other NFL franchises. The only exception are the Packers. So why is information about their financial state, player's salaries public? I believe if players or public didn't have this information so readily, holdouts would be a bit less. I work for a private organization, none of our organization's finances are made public unless authorized to do so. My salary information is only accessible to those to need to know. My coworkers don't know how much I make and how I'm compensated. Likewise, I don't know their exact pay either. I know the market but that's it. I judge my compensation by how it fits in the market for my profession. That's what I use when negotiating my compensation. If this was the case with sports organizations, then maybe holdout's such as Kam's wouldn't happen. It's just interesting how organizations differ even using the same classifications - private vs. public, etc.

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Probably a CBA thing.
( collective bargaining agreement )

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SalishHawkFan":3nu3jkci said:

As always, the golden rule. It behooves workers to make their salaries public so they can compete over higher salaries. It behooves the employers to keep those numbers secret so that they can drive the lowest price the cheapskates can get.

It has nothing to do with what's a viable and fair wage, which bargaining would allow. Prices wouldn't get too out of hand because the business would fold. So the owners self interest would prevail. But greed would be curtailed if everyone knew what everyone else was making.

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mikeak":36xf8ey2 said:

Public or private - the salaries of those making multi-millions are usually relatively known.

Separately as noted Union salaries are typically known

Finally kind of hard to know teams are under salary cap if salaries are unknown. It would be impossible to keep under wrap and honestly all these things that are discussed helps the league gain interest and discussion which equals $$$$

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