NFL Notes: Rooney Rule For Women, John Elway, Jaguars, & Lions

Rooney Rule For Women

  • NFL commissioner Roger Goodell announced Thursday that the league will institute a “Rooney Rule” for executive positions to interview female candidates for their openings in the coming years.

John Elway

DarrenĀ Rovell of ESPN reports thatĀ Broncos owner Pat Bowlen offered John Elway the right to purchaseĀ 10 percent of the Broncos for $15 million back in 1998.

Bowlen’s offer also would have given Elway the right to buy another 10 percent of the franchise by forgoing the deferred salaryĀ on the condition Elway would become a special assistant to Bowlen, which would eventually lead to a COO job.

According to Rovell, the Broncos owed ElwayĀ $21 million inĀ total deferred salary.

The deal was even better than that, as Elway could have sold back his interestĀ , two to five years later, for $5 million more than his original purchase price plus 8 percent interest a year.

Elway would also have had theĀ right of first refusal to buy any other stake in the team if the Bowlen family sold to an outsider.

In total,Ā RovellĀ calculates that this investment would have been worth $388 million, or a 646 percent return on the 1998 investment, adjusted for inflation, had he made it.

Jaguars

Jaguars RBĀ Denard Robinson mentioned that he wants to remain in Jacksonville for the foreseeable future.

“Definitely want to stay in Jacksonville,” Robinson said, via ESPN.com. “Itā€™s a great place and I enjoy it, enjoy the coaches and everything.”

Lions

Looking for the latest NFL Insider News & Rumors?

Be sure to follow NFL Trade Rumors on TWITTER and FACEBOOK for breaking NFL News and Rumors for all 32 teams!

Leave a Reply