Agreement might be close afterall? (3 Viewers)

[fruity pebbles]

NFL is saying the players union rejected their latest proposal of an additional 1.5 billion dollars over 6 years. Upshaw says the proposal was less than what their getting now percentage wise, 59.8% to 56.5%.

 

[fruity pebbles]

Mort saying the deal is dead.

 

[noneother]

crap... dynasty leagues are gonna feel it..

 

[fridayfrenzy]

UPDATE: ESPN is now reporting that union representatives have walked out of the CBA meetings in New York. It now appears that an extension to the CBA is not in the cards.

 

[fruity pebbles]

NFL extends waiver deadline to 11:30 PM

 

[fatness]

Deadline for player cuts moved to 11:30 pm per ESPN News just now.

 

[fridayfrenzy]

If there is no CBA and they mve forward, will there be football in 2008?

 

[noneother]

possibly with scab/replacements.. my concern is the rooks, will any commit to playing over the next three season?

 

[fatness]

If you believed in conspiracy theories it'll look pretty convenient if there's a settlement that is reached just in time to coincide with the usual 11 pm edition of SportsCenter.

 

[noneother]

i am hoping the nickel and dime extensions mean they are close.. and not just teasing us here

 

[fruity pebbles]

i am hoping the nickel and dime extensions mean they are close.. and not just teasing us here

They didn't extend the free agency period though so this sort of tells me thery're just giving teams more time to get under the cap since they've been stringing them along.

 

[fatness]

PFT

POSTED 9:32 p.m. EST, March 5, 2006TALKS BREAK DOWN AGAINA league source tells us that the talks between the NFL and NFLPA have broken down again, with NFLPA executive director Gene Upshaw pulling the plug. The deadline for getting under the cap has been extended to 11:30 p.m. EST. As it stands, free agency will launch at 12:01 a.m. on Monday.

 

[Portis 26]

 

[derek19]

just extended another 72hours

 

[Portis 26]

just extended another 72hours

source?

 

[Big Score]

Jay Glazer of FOXSports.com reports that the launch of the league year has been bumped to 12:01 a.m. Thursday.

 

[Orange Crush]

This is the latest from KFFL:

NFL | Labor deal getting closer; free agency to be pushed back to Wednesday?

Sun, 5 Mar 2006 13:41:51 -0800

Mark Maske, of the Washington Post, reports negotiators for NFL team owners and the players' union were making progress Sunday afternoon, March 5, toward settlement on an extension of their collective bargaining agreement, sources familiar with the deliberations said. It appeared increasingly likely that the league would push back the opening of the free-agent market, scheduled for midnight tonight, for a second time, perhaps until Wednesday, March 8. Sources said the owners and players were progressing toward a compromise in which players would receive approximately 59 percent of a greatly expanded pool of league revenues as compensation under a salary-cap system.

Interesting choice of words. Note that it doesn't say "Total Revenue". The owners probably got some 'exemptions' to what is used as the basis for the calculations in order to raise the percentage.

I'm sure that the owners will get an exemption for at least a part of their debt payments on stadium financing. That's been a big issue with some of the high revenue teams sharing revenue - they need that revenue to pay off their debt, and the salary cap was being calculated based on revenue, not profit. Combine that with the "cash over cap" limit that the union is agreeing to, and those are some HUGE concessions the union is making to get a deal done. But they'll probably claim victory because the % figure that they end up with will be closer to 60% than the 56% the owners were originally offering.