The NFL Casino Scandal Will Require Action If the Lockout Ends
For the moment, NFL Commissioner Roger Goodell has no authority to discipline or suspend any players. This is because there technically are no players and no union contract to allow punishment. However, once the lockout ends, the commissioner will have his work cut out for him.
This week we learned that the NFL has investigated the involvement of at least 25 players who may have invested into a failed Alabama casino. The casino was closed due to corruption and gambling irregularities. The casino's owner entered a plea of guilty to 10 counts of public corruption charges. Not good.
The problem for Goodell is that many NFL players sunk millions into the corrupt casino. These players may include Terrell Owens, Santonio Holmes, Santana Moss and others.
It is a wonder how these players "misremembered" the NFL rules that absolutely prohibit players from investing in gaming operations. Obviously, players having a financial interest in gambling is not a good idea for the NFL (players are to be gambled on NOT the other way around).
Any player caught in this scandal will face suspension, fines and loss of their investment. No league can take gambling allegations lightly and you can bet the Commissioner will be more than ready to punish when he has his powers back.
My name is Christopher Fusco. I am the managing partner of Callahan & Fusco, LLC with offices in New York, New Jersey, and Pennsylvania.