NFL labor update as of Friday morning
|07.22.11 at 11:22 am ET|
Here’s the latest from the NFL labor talks, as of Friday morning:
Much of the NFL leadership — as well as NFLPA chief DeMaurice Smith — in Boston on Friday for the funeral of Myra Kraft. To that point, the NFLPA president Kevin Mawae issued a statement Friday morning saying they were still looking at the agreement that was sent over by the league last night, but that there would not “not be any further NFLPA statements today out of respect for the Kraft family while they mourn the loss of Myra Kraft.” It is not known at this time if the players will vote on the proposal Friday.
While the 32 owners met and approved the deal Thursday in Atlanta, there are still representatives from each team in Atlanta undergoing a full rundown on what the new rules and regulations would mean for each team. Here’s a quick look at some of the highlights, which we initially posted last night.
•The deal would last 10 years, and there would be no opt out for either side.
•The offseason training program would be reduced by five weeks, and the number of OTA’s would decrease from 14 to 10.
•Unrestricted free agency for players after four accrued seasons; restricted free agency for players with three accrued seasons.
•Salary cap plus benefits of $142.4 million per club in 2011 ($120.375 million for salary and bonus) and at least that amount in 2012 and 2013.
•League-wide commitment to cash spending of 99 percent of the cap in 2011 and 2012. For the 2013-20 seasons, the clubs collectively will commit to cash spending of at least 95 percent of the cap.
•In addition, all teams will have approximately $3.5 million in what would otherwise be performance-based pay available to fund veteran player salaries.
As of Friday morning, recertification for the NFLPA remains a big sticking point in this whole process — what it means and how long it would take. We talked to sports law expert Muchael McCann on Thursday about why this whole process is important and how long it would take. Here’s that story.
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