NFL Player Leaders Unanimously Accept Lockout-Ending Deal

Monday, 25 Jul 2011 03:24 PM

 

Share:
A    A   |
   Email Us   |
   Print   |
   Forward Article  |
  Copy Shortlink

Representatives for National Football League players approved a 10-year labor agreement, ending a four-month shutdown and allowing the U.S.’s richest and most-popular sports league to reopen for business.

NFL Players Association leadership voted unanimously to recommend that players accept the deal and re-establish their union, according to DeMaurice Smith, the group’s executive director.

“I know that it has been a very long process since we stood here that night in March, but our guys stood together when nobody thought we would and football is back because of it,” Smith said in a news conference outside the association’s headquarters in Washington.

Teams can begin signing drafted and undrafted first-year players tomorrow; negotiating with, but not signing, other players; and making trades. As of July 29, teams can begin signing free agents and training camps may open 15 days before each team’s first preseason game.

Owners last week approved by a 31-0 vote the decade-long deal that caps team payrolls at about $120 million this season, with players receiving another $22 million or so in benefits. The players must receive at least 47 percent of the league’s revenue, projected at a record $9.3 billion in 2011, throughout the 10 years.

The agreement also limits how much teams can spend on first-year players, allows current players to stay in the league’s medical plan for life and allows them more days off, with fewer offseason practices. The deal also provides between $900 million and $1 billion for retiree benefits.

Lockout, Lawsuit

The NFL in March locked out players, who dissolved their union and sued in federal court, claiming antitrust violations and wage fixing, led by Super Bowl-winning quarterbacks Tom Brady, Peyton Manning and Drew Brees.

The work stoppage ended 24 years of labor peace, about five weeks after the Green Bay Packers beat the Pittsburgh Steelers 31-25 in the Super Bowl title game, attracting the largest television audience in U.S. history.

The league last week held a seminar for club executives outlining the terms of the labor agreement and the calendar. The season will begin with a free agency period that Philadelphia Eagles owner Jeff Lurie described as extraordinarily compressed, leaving his club hoping to be “opportunistic” as teams try to hire players about two weeks before playing preseason games.

Players available include Carolina Panthers running back DeAngelo Williams, New York Jets receivers Braylon Edwards and Santonio Holmes and Oakland Raiders cornerback Nnamdi Asomugha.

‘Smart Decisions’

“It’s going to be intense,” Lurie said. “I think teams are going to have to really make smart decisions, as opposed to instinctive-type ones. Hopefully, a team has planned well for the last several months and they know exactly what they’re trying to accomplish.”

The league canceled the preseason’s first game between the Chicago Bears and St. Louis Rams, scheduled for Aug. 7 in Canton, Ohio. Commissioner Roger Goodell said there wasn’t enough time to prepare for the game.

Completing the deal this week allows the NFL to avoid missing other preseason games, which the league estimates are worth about $200 million each week.

The regular season is scheduled to open Sept. 8 when the Packers host the New Orleans Saints.


© Copyright 2014 Bloomberg News. All rights reserved.

Share:
   Email Us   |
   Print   |
   Forward Article  |
  Copy Shortlink
Around the Web
Join the Newsmax Community
>> Register to share your comments with the community.
>> Login if you are already a member.
blog comments powered by Disqus
 
Email:
Retype Email:
Country
Zip Code:
 
Hot Topics
Follow Newsmax
Like us
on Facebook
Follow us
on Twitter
Add us
on Google Plus
Around the Web
You May Also Like

Government Causes Generic Drug Shortage, Critics Say

Wednesday, 16 Apr 2014 16:49 PM

A proposed Food and Drug Administration rule on product labeling will exacerbate shortages of generic drugs already resu . . .

Justice Dept: Deportation Cases in Courts Steadily Drop

Wednesday, 16 Apr 2014 21:18 PM

The number of new deportation cases in immigration courts has been steadily dropping since 2009, with judges increasingl . . .

Oliver North: Snowden, Obama to Blame for al-Qaida 'Pep Rally'

Wednesday, 16 Apr 2014 21:01 PM

A "pep rally" by al-Qaida members seen on Islamist websites this week was not detected by U.S. intelligence because Edwa . . .

Newsmax, Moneynews, and Independent. American. are registered trademarks of Newsmax Media, Inc. Newsmax TV, NewsmaxWorld, NewsmaxHealth, are trademarks of Newsmax Media, Inc.

 
NEWSMAX.COM
America's News Page
©  Newsmax Media, Inc.
All Rights Reserved