The 2011 NFL Season is On!
According to NFL.com, the executive committee of the NFL Players Association and owners have reached a new collective bargaining agreement that should allow the 2011 NFL season to begin. The deal is not yet signed in blood, but all that remains is a vote by player representatives from each NFL team and a final vote by all the players. The player representatives' vote is set to be completed today. The NFL season is on and the NFL lockout that started in March is soon to be off.
The NFL lockout that started in March has resulted in litigation with lawyers in courthouses and negotiations around conference tables between the NFLPA executive committee and the NFL owners. The major issues of the dispute have revolved 1) Money; 2) Free Agency Rules; 3) Rookie Wage Scale; and 4) Retirement Benefits. As one would suspect, the $9 billion dollars generated by the NFL each and every year has been the root of malcontent by each side.
Under the old collective bargaining agreement, the NFL owners received the first $1 billion of the league revenue. After that, the players received about 60% of league revenue. The owners wanted to change the agreement because of rising costs associated with building stadiums and league promotional efforts. The NFL players cast doubt on these assertions because the NFL owners would not allow the players too review the corporate books of the owners.