Académique Documents
Professionnel Documents
Culture Documents
$
!>0%!"":?
SCHEDULE 19 - UNION ADMINISTRATION FILE NUMBER: 065-533
Name and Address
(A)
PHOENIX MARRIOTT INTL Purpose Date Amount
1101 N 44TH ST (C) (D) (E)
Total Itemized Transactions $5,207
PHOENIX
AZ Total Non-Itemized Transactions $0
85008 Total of All Transactions $5,207
Type or Classification RETIRED CHAPTER MEETING
2009-12-10 $5,207
(B)
HOTEL
(B)
TRAVEL AGENCY
EVENT MANAGEMENT
(B)
TRAIN
(B)
AIRLINE
(B)
AIRLINE
(B)
PRINTER
Type or Classification
(B)
AIRLIINE
PRINTER
(B)
AIRLINE
(B)
AIRLINE
PRINTER
(B)
AIRLINE
(B)
AIRLINE
(B)
AIRLINE
$
!>0%!"":?
SCHEDULE 20 - BENEFITS FILE NUMBER: 065-533
To Whom
Description Amount
Paid
(A) (C)
(B)
Total Benefits $6,859,060
VOLUNTARY
HEALTH, WELFARE, DISABILITY, AND CHILD CARE BENEFIT $2,061,507
FUND
PENSION - DEFINED CONTRIBUTION PLANS TRUST $1,387,180
PENSION - DEFINED BENEFIT PLAN TRUST $1,000,000
POSTEMPLOYMENT SEVERANCE ESTATE $1,737,000
NONQUALIFIED DEFERRED COMPENSATION PLAN TRUST $673,373
$
!>0%!"":?
69. ADDITIONAL INFORMATION SUMMARY FILE NUMBER: 065-533
Question 10: Bert Bell/Pet Rozelle NFL Player Retirement Plan #51-0201403
200 St. Paul Place, Suite 2420
Baltimore, MD 21202
To provide retirement benefits to members
Question 12: Calibre CPA Group, PLLC performed an audit of the financial statements for the year ended February 28, 2010 in accordance with
accounting principles generally accepted in the United States of America.
Question 16: The mortgage held on the building at 1133 20th Street, Washington, DC is secured by a deed of trust on the building and
assignment of the tenant leases and rents. In addition, the note in unconditionally guarenteed by NFL PLAYERS.
Question 17: In Atwater v. NFLPA and NFL, one active and several retired NFLPA members have alleged that the NFLPA and the NFL
negligently conducted background investigations of two individuals that were allegedly added to the NFLPA's List of Registered Financial
Advisors. On March 27, 2009, the District Court granted the NFLPA's motion for summary judgment holding that all of the plaintiff's claims were
preempted by federal law and that the claims were also barred by a disclaimer contained in the NFLPA Regulations and on its website. Plaintiffs
have appealed, and oral argument is set for the week of April 5, 2010. No contingent liability has been recorded at February 28, 2010.
In the case of Adderley v. the NFLPA and NFL PLAYERS moved to trial on October 20, 2009 and concluded on November 10, 2008. The jury
found the NFLPA and NFL PLAYERS liable for breach of contract, however they awarded zero damages with respect to that claim. The jury also
found the NFLPA and NFL PLAYERS liable for breach of fiduciary duty and awarded Plaintiffs $7.1 million in compensatory damages. In
addition, the jury awarded Plaintiffs $21 million in punitive damages. The NFLPA and NFL PLAYERS appealed the verdict to the Ninth Circuit
Court of Appeals. During the pendency of Defendants' appeal, class counsel and counsel for the Defendants entered into settlement
negotiations, and eventually reached a settlement.
On November 23, 2009, the District Court entered an Order approving the parties' Settlement Agreement and Proposed Plan of Distribution.
Pursuant to the Settlement Agreement, Defendants agreed to pay $26.25 million to the class and to dismiss their Ninth Circuit appeal. In return,
all certified and asserted claims against Defendants were dismissed with prejudice, except as limited by the terms of the Settlement Agreement
and the Court's Order.
The NFLPA and NFL PLAYERS have been named defendant or co-defendant in a number of other legal actions. In the opinion of the
General Counsel and management, these lawsuits will be resolved with no material impact on the NFLPA or its subsidiaries.
Schedule 13 : An active player is any person who is employed as a professional football player by a member club of the NFL, including any
player who is a party to a NFL Player Contract or a player actively seeking employment as a professional football player. Active players have full
voting rights.
Schedule 13 : A retired member is any person who has been an active player in the NFL by virtue of his signing a NFL contract. These members
do not have voting rights because, as a matter of federal law, they cannot be members of the collective bargaining unit, which was certified by
the National Labor Relations Board.
Schedule 13 : Associate members are players signed to Practice Player Contracts and pay a fraction of the regular dues amount. These
members have the same voting rights as active players.
Question 15: (A) The Association disposed of obsolete equipment that maintained a cost of $356,017 and accumulated depreciation of $146,968
at the date of disposal.
(B)
Schedule 4 also includes fixed asset purchases of $122,131 that were included in deposits at current year-end rather than in fixed assets.
(C) In accordance with SFAS No. 124, accounting for certain investments held by not for profit organizations, the Association accounts for certain
investments at fair value.
Reconciliation of investments:
Other Securities U.S. Treasury Securities
Beginning market value $95,740,629 $20,056,099
Add: purchases 44,040,764 23,560,874
Less: sales proceeds (44,263,100) (17,626,215)
Realized gain/loss 16,354,632 (492,416)
General Information:
Schedule 11: During the year ended February 28, 2010, appearance and autograph fees, along with licensing royalties and dues rebates were
paid to several Executive Committee members. Those fees are included in Column (G). In addition, costs of non-board member travel for
attendance at the Board of Player Representatives meeting, as authorized by a resolution of the Board of Player Representatives, are also
included in Column (G).
Question 71: The Association does not have a Secretary-Treasurer. The Executive Director is the principal administrative officer and signs the
form in lieu of a Secretary-Treasurer.
Schedule 2: Salary advances were given during the reporting period. None of these advances exceeded $2,000 at any time during the reporting
period.
Line 36: Dues and Agency Fees does not include amounts paid through intercompany transfers.
Schedule 12: The association paid for temporary housing and relocation expenses for new employees. These amounts are included in Column
(G).
Statement A
Accounts Receivable Begin Total: The beginning balance in accounts receivable was changed due to the reclassification of accounts.
Statement A
Loans Receivable Begin Total: The beginning balance in loans receivable was changed due to the reclassification of accounts.
Schedule 13 : Retired members do not have voting rights because, as a matter of federal law, they cannot be members of the collective
bargaining unit, which was certified by the National Labor Relations Board.
Question 18: The organization has made changes to its Constitution. That document is being revised. The organization will forward a copy of its
revised Constitution when the document is finalized.
$
!>0%!"":?
htmlReport liabilitiesRep -1 1 1 1 1 429855
)UHTXHQWO\$VNHG4XHVWLRQV_)UHHGRPRI,QIRUPDWLRQ$FW_3ULYDF\ 6HFXULW\6WDWHPHQW_'LVFODLPHUV_&XVWRPHU
6XUYH\_,PSRUWDQW:HE6LWH1RWLFHV
86'HSDUWPHQWRI/DERU_)UDQFHV3HUNLQV%XLOGLQJ&RQVWLWXWLRQ$YH1::DVKLQJWRQ'&
ZZZGROJRY_7HOHSKRQH86$'2/_77<_&RQWDFW8V