If the icing on the cake is that billionaires aren't geniuses, then the owners of the National Football League are going to be in big trouble.
Over the last five years, the league has spent over 800 million dollars on coaches and front-office executives that don't work anymore, according to a recent report.
Guess not, I thought we were going to go into a recession.
According to the report, the league made spreadsheets that showed how bad the decision-making has been, showing the absurd amounts of money that have been made by owners firing people too soon. A minimum of 69 million dollars and 12 years of remaining contracts were flushed down the toilet. Three different coaching staffs will be paid by the New York Football Giants. Seven head coaches have been fired in the last two years.
Is the name of these people familiar?
A man named Jeff Saturday. Josh is a friend of mine. A man named Nathaniel Hackett. The man is Eric Bieniemy. There is a man namedByron Leftwich. There is a person named LESLIE FURY. Matt Rhule is the head coach of the football team. A man named Frank Reich. Jon Gruden is the host of Comedy Central. A man named Mike Mayock.
If you are wondering what they all have in common, it is that they were either hired, fired, or should have been, but still aren't, because of a dumb decision that an owner signed off on. With Black Sunday only a few weeks away, another group of head and interim coaches will be relieved of their duties.
The league does not value job security.
The report that was made for the owners felt like another example of what Brian Flores' lawyers will use as evidence. When three Black coaches filed a class-action lawsuit against the league for its alleged racist hiring practices, it strengthened your case. Only 26 black men have been hired as head coaches since 2000.
In October, it was reported that the lawsuit was on ice as the judge was making a decision on whether to allow the case to be heard in open court or in the form of an appeal by the league.
This new information provided by the league proves that wealth doesn't mean wisdom.