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Discrepancies In N.F.L. Revenue

Discrepancies In N.F.L. Revenue
Credit...The New York Times Archives
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July 2, 1992, Section B, Page 11Buy Reprints
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Roger Noll, a Stanford University economics professor, testified today in the National Football League antitrust trial that the league's reported $1.3 billion in revenue for 1990 was "substantially understated" because of the way the owners do their books.

He said his research found that the N.F.L. reported 1990 total operating expenses of $411 million. Operating profits were reported as $163 million, but Noll said the profits were shielded from costs such as the $600,000 per team contributed to the World League of American Football and two antitrust lawsuits that are "the costs of defending and maintaining a monopoly."

Noll said his analysis of the N.F.L.'s financial statement showed that Norman Braman, owner of the Philadelphia Eagles, paid himself a salary of $7.5 million for 1990. That salary was recorded as general expenses, when it could have been counted as profit for Braman, Noll told the jury.

A version of this article appears in print on  , Section B, Page 11 of the National edition with the headline: Discrepancies In N.F.L. Revenue. Order Reprints | Today’s Paper | Subscribe

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