23. Millionaires vs. Billionaires
Freakonomics Radio
Freakonomics Radio + Stitcher
4.5 • 32.8K Ratings
🗓️ 24 February 2011
⏱️ 28 minutes
🧾️ Download transcript
Summary
Transcript
Click on a timestamp to play from that location
| 0:00.0 | Are you ready for some labor negotiations? |
| 0:09.0 | Yes, the National Football League held a very nice Super Bowl a couple weeks ago. |
| 0:13.5 | Green Bay Packers beat my beloved Pittsburgh Steelers sadly. |
| 0:17.0 | It was the most watched TV program in US history. |
| 0:20.5 | So everyone in the NFL must be really happy, right? |
| 0:24.5 | Well, not quite. |
| 0:26.5 | The owners have opted out of their collective bargaining agreement with the players two years early |
| 0:32.5 | and they're threatening to lock out the players for the upcoming season. |
| 0:36.5 | At issue, money, of course. |
| 0:39.0 | The league produced about $9 billion in revenues last season. |
| 0:43.5 | The owners think the players get too big a share. |
| 0:46.5 | So for now, they're taking their ball and going home. |
| 0:51.0 | And the players, well, the players just have to wait. |
| 0:55.5 | Honestly, like the key sentence, it's just, if billionaire is fighting to get millionaires. |
| 1:01.5 | And when it comes down to it, there needs to be some kind of agreement. |
| 1:06.5 | I don't know what side is being stubborn, but I think both sides need to come to some type of agreement and give a little. |
| 1:15.0 | That's Brandon Jackson who played the last four seasons with the Packers. |
| 1:19.0 | Last year, he made a little over $500,000. |
| 1:22.5 | Sounds like a lot of money, right? |
| 1:24.5 | But the average NFL career is short and most contracts aren't guaranteed. |
| 1:29.5 | So you've got to make your money while you're able. |
| 1:32.5 | Plus, Jackson's got two kids with a third on the way next month. |
... |
Please login to see the full transcript.
Disclaimer: The podcast and artwork embedded on this page are from Freakonomics Radio + Stitcher, and are the property of its owner and not affiliated with or endorsed by Tapesearch.
Generated transcripts are the property of Freakonomics Radio + Stitcher and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.
Copyright © Tapesearch 2026.

