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NFL | Labor deal getting close?
Sun, 5 Mar 2006 06:32:39 -0800
Mark Maske, of the Washington Post, reports the NFL's labor negotiations took a dramatic turn overnight. Participants said the two sides were close to completing a deal. Gene Upshaw, the executive director of the NFL Players Association, said via e-mail early this morning that the parties had scheduled another meeting in New York and were "now in the area where we will get a deal. I think it may be there. It comes down to a few final points." The talks ended yesterday with the owners offering 56.6 percent of an expanded pool of league revenues to the players as compensation under a salary-cap system. Upshaw had dropped his demand that the players receive at least 60 percent, but he would not specify exactly what percentage his latest proposal called for. Owners have said they could complete a labor deal with the players without finishing a revenue-sharing agreement immediately. The compromise might be a provision in the labor deal to limit the amount of money that teams can spend above the flexible salary cap. A labor settlement would push next season's salary cap as high as $108 million per team and would alleviate the salary cap crunches being experienced by many teams.
Sun, 5 Mar 2006 06:32:39 -0800
Mark Maske, of the Washington Post, reports the NFL's labor negotiations took a dramatic turn overnight. Participants said the two sides were close to completing a deal. Gene Upshaw, the executive director of the NFL Players Association, said via e-mail early this morning that the parties had scheduled another meeting in New York and were "now in the area where we will get a deal. I think it may be there. It comes down to a few final points." The talks ended yesterday with the owners offering 56.6 percent of an expanded pool of league revenues to the players as compensation under a salary-cap system. Upshaw had dropped his demand that the players receive at least 60 percent, but he would not specify exactly what percentage his latest proposal called for. Owners have said they could complete a labor deal with the players without finishing a revenue-sharing agreement immediately. The compromise might be a provision in the labor deal to limit the amount of money that teams can spend above the flexible salary cap. A labor settlement would push next season's salary cap as high as $108 million per team and would alleviate the salary cap crunches being experienced by many teams.