New NFL Players Union Head Wants Members to Have Stock in Teams

The National Football League Players Association’s new executive director, Lloyd Howell, wants players to eventually become shareholders in the league’s franchises.

“Cash is one thing, equity is another, why not have both,” Howell said at his inaugural Super Bowl press conference. “If you’re talking about maintaining the integrity of the game and you want your work force to be incentivized to contribute to that, equity could be a vehicle that needs to be explored.”

The league adopted a policy last year that bars players and employees from getting equity in franchises.

Howell said it’s already happening with the PGA ...