Stay connected
WHEN: TODAY, MERCREDI July 22, 2020
OR: “BELL CLOSURE” BY CNBC
Here’s the unofficial transcript of scott Wapner’s check news from cnBC on CNBC’s “Cwasting Bell.” Here is the link to the video in CNBC.com: https://www.cnbc.com/video/2020/07/22/nfl-union-are-at-odds-over-paying-players-for-entire- season-source.html.
All references must come from CNBC.
SCOTT WAPNER: THIS IS THE LAST IN NEGOTIATIONS THAT TAKES PLACE BETWEEN THE NATIONAL FOOTBALL LEAGUE AND ITS PLAYER UNION DURING THE 2020 SEASON AND A PROBLEM THAT THREATENS THE SEASON AT THIS POINT CERTAINLY IF THEY CAN’T SOLVE IT. ACCORDING TO A FAMILIAR SOURCE WITH THE NEGOTIATIONS, THE NFL AND ITS UNION OF PLAYERS REMAIN IN SIGNIFICANT PROBABILITY IN THE MONEY ALWAYS TRY TO WORK THROUGH THE LATTER AND THIS IS ARGUABLY THE MOST IMPORTANT PROBLEM FOR THE RETURN OF THE GAME, I SAID THAT THE UNION REQUIRES ITS PLAYERS TO PAGE FOR THE ENTIRE 2020 SEASON. , REGARDLESS OF THE NUMBER OF GAMES PLAYED IN OTHER WORDS, IF THE SEASON STARTS AND CANNOT BE FINISHED, IF THIS WILL BE SHORTENED BY ANOTHER COVID EPIDEMIC OR WHAT YOU HAVE, PLAYERS ALWAYS WANT THEIR FULL WAGES. THEY NEGOTIATED AGAIN TODAY. THIS ENDED WITHOUT AN OFFER. THE SOURCE DESCRIBES THE LEAGUE TAKEN BY THIS UNION POSITION GIVEN THAT EVEN THE UNION OF BASEBALL PLAYERS HAS FINALLY ACCEPTED SALARIES IN PROPORTION. AND I WAS STILL DESCRIBED AS THE ONLY PROBLEM REMAINING BETWEEN THE TWO SIDES AFTER THEY ACCEPTED IN ALL OTHER SIGNIFICANT HEALTH AND SAFETY MATTERS, INCLUDING SEASON GAMES, DAILY TESTS FOR COVID-1nine AND THE CHOICE OF PLACES THAT ARE NOT AGREED TO IN THE CONTEST AND WHAT IS CALLED AN EXTENDED ACLIMATIZATION PERIOD WITHOUT PAD PRACTICES AND THE SOURCE STILL SAYS IT’S LITERALLY THE ONLY PROBLEM NOW ON THE WAY TO THE SEASON, PLAYERS ARE STARTING TO RELATE TO THEIR TRAINING CAMPS, ALL PLAYERS ARE SCHEDULED TO REPORT ON JULY 28, WHICH MEANS THERE’S LITTLE TIME TO PRESENT AN AGREEMENT ON THIS BUT POTENTIALLY THE MOST IMPORTANT PROBLEM OF ALL AND THIS HAS BEEN DESCRIBED TO ME AS A BINARY PROBLEM RIGHT NOW , THEY CAN’T MAKE A DEAL ABOUT PLAYERS’ SALARIES.
SARA EISEN: SO THE QUESTION IS WHAT HAPPENS NOW THEY HAVE, WHAT, LESS THAN TWO MONTHS UNTIL THE SEASON IS READY TO BEGIN, WE CAN HAVE A FALL WITHOUT A FOOTBALL SEASON OR WAIT FOR THESE NEGOTIATIONS TO CONTINUE AS WE SAW IN BASEBALL AND POSSIBLY FOR THEM TO WORK SOMETHING?
WAPNER: CERTAIN FOOTBALL FANS CAN EXPECT THEM TO COME TO AN AGREEMENT, BUT NOW THEY TELL ME THAT HE’S STILL GONE AND THAT YOU DON’T WATCH TWO MONTHS ON THE ROAD, LOOK A WEEK ON THE ROAD THEY’RE SUPPOSED TO HAVE TEAMS STARTING TO REPORT. REMEMBER, THEY CAN’T HAPPEN AT THE LAST MINUTE AND THEN START PLAYING GAMES IN THE FALL ESPECIALLY FOR FOOTBALL PLAYERS WHO HAVE BEEN OUT OF PRACTICE FOR THE TIME THEY HAVE BEEN. NEGOTIATIONS WILL CONTINUE EVERY DAY, THEY CAN EVEN TALK AGAIN TODAY BECAUSE EVERYTHING I KNOW HAS BEEN DESCRIBED AS KIND, BUT IF YOU ACCEPT ALL THE HEALTH AND SAFETY ISSUES, AND A NUMBER OF STAR PLAYERS TALK ABOUT THIS HAD NO DEAL, AND PERHAPS THEY PUSHED BOTH SIDES TO COME TOGETHER WITH THE LATTER AND HARD TO SAY THAT MONEY IS NOT THE MOST IMPORTANT PROBLEM , ESPECIALLY WHEN YOU TALK ABOUT THE KIND OF SEASON WE CAN DO THAT DON’T LOOK AT FOOTBALL IN THE FALL.
WILFRED FROST: SCOTT, REALLY TEAM REVENUES AND LEAGUE AS THEY DECREASE SIGNIFICANTLY AND PLAYERS DON’T FEEL THEY SHOULD TAKE ANYWHERE, WITHOUT LESS WHEN ACROSS THE COUNTRY IN OTHER INDUSTRIES, PEOPLE DON’T JUST PAY CUT, BUT THEIR JOBS TO START WAGES MUCH, MUCH LESS?
WAPNER: IT’S FUN THAT YOU HAVE THAT. BECAUSE THIS IS SOME THAT MY SOURCE HAS DESCRIBED TO ME THAT WHICH IS AWARE OF HOW THESE NEGOTIATIONS ARE HAPPENING AND WHY I SAID THAT THE LEAGUE SEEMS BECAUSE OF THE UNION’S POSITION IN THIS OTHER INDUSTRIES IN WHICH WE HAVE BEEN REPORTING AND FOLLOWING EVERY DAY AS SOON AS THIS PANDEMIC HAS BEEN FORCED TO MAKE SACRIFICES AND AT LEAST AT THIS POINT , THE PLAYER UNION DOESN’T WANT TO DO IT NOW, WHICH COULD CHANGE IN A MINUTE COULD HAVE OTHER DISCUSSIONS AS WE HAVE CONVERSATIONS NOW. BUT AT LEAST AT THIS POINT, PLAYERS DEMAND THAT THEY BE FULLY PAGED.
About CNBC:
CNBC is the world’s leading economic news company and offers real-time economic market positioning policies and advertising content powered through more than five million Americans that are consistent with the month across all platforms. The network’s 1-and-a-half hour of live programming, consistent with the day in North America (Monday through Friday from five a.m. to 7:00 p.m. ET), occurs at CNBC headquarters in Englewood Cliffs, New Jersey, and come with reports from CNBC News offices worldwide. CNBC in the evening offers a mix of new truth programs, the successful CNBC series produced exclusively for CNBC and exclusive internal documentaries.
CNBC also provides content through its extensive portfolio of virtual products, such as: CNBC.com, which provides news about the market’s economic position in real time and informing CNBC’s investor audience; CNBC Make It, a direct virtual destination to make you smarter about how you earn, save and spend your money; CNBC PRO, a premium service that provides intensive access to Wall Street; A set of CNBC mobile apps for iOS and Android devices; Amazon Alexa, Google Assistant, and Apple Siri voice interfaces; and streaming services, adding Apple TV, Roku, Amazon Fire TV, Android TV and Samsung Smart TV. For more information, I saw httplaystation: //www.cnbc.com/virtual-products/.
Media members can obtain additional data about CNBC and its programming on the NBCUniversal Media Village website at http://www.nbcumv.com/programming/cnbc. For additional information about NBCUniversal, visit http://www.NBCUniversal.com.
Do you have a large confidential information about Apple? We hear you
Sign up for loose newsletters and get more CNBC inbox
Get it in your inbox and more our products and services.
© 2020 CNBC LLC. All rights are reserved. A day from NBCUniversal
Knowledge is a real-time snapshot: data is delayed by no less than five minutes. Global and tax news, stock quotes and market position analysis and knowledge.
Data also by