Owners Approve Proposed CBA
POSTED: Thursday, July 21, 2011 - 5:34pm
UPDATED: Thursday, July 21, 2011 - 7:22pm
"It's time to get back to football." Those were the words uttered by NFL Commissioner Roger Goodell, as NFL owners have agreed and ratified a new ten year collective bargaining agreement. The approval by the owners has put the potential end of the lockout in the hands of the players.
Details of the proposed collective bargaining agreement that would need to be ratified by NFL players:
- Ten year deal, through the 2020 season
- Players receive 48 percent of revenue in first portion of deal
- $120 million salary cap; team minimum 89 percent ($106.8M) as long as league spends 99 percent ($3.8B)
- Veterans earn free agency after fourth season
- Four-year rookie contracts, with team option for fifth year
- Lower rookie salaries, with cap on team spending for rookies
- Later training camps, no more full-contact, two-a-day practices
- Offseason team activities (OTAs) reduced from 14 to nine
The NFLPA had scheduled an 8 p.m. ET conference call with its executive committee and player reps to decide whether to accept an approved settlement from owners, and how to start the voting process for the 1,900 players who have to decide if they want to vote in a recertified union. The players decided not to vote on the CBA tonight, waiting to meet tomorrow to discuss it further. NFLPA executive director DeMaurice Smith talked about what still needed to be done to reach an agreement.
"We continue to talk, there are some issues that are outstanding left to resolve, and I know there's a lot of questions about what happens if the players, or the process of becoming a union again."
If the NFLPA agrees to the new deal the lockout would be lifted and team training facilities would open Saturday and the new league year would begin next Wednesday. But the scheduled Hall of Fame game between the St. Lous Rams and Chicago Bears has been cancelled.