Yes, we can finally say it; the lockout is over.
The NFL and the NFLPA held a joint press conference in Washington D.C. on Monday to announce that the 32 player representatives voted unanimously to approve the labor deal agreed to by both sides hours earlier, essentially ending a lockout that lasted over four months.
Goodell and NFLPA Executive Director DeMaurice Smith led the joint press conference and they were joined by key members of the NFLPA and NFL ownership.
“It’s been a long time coming,” Goodell said. “Football is back and that’s the good news. I want to thank (Smith) and the players for their leadership…Having a 10-year agreement is extra great for our game, especially our fans. I think this agreement is going to make the game better. I’m grateful for all the work both parties did.”
NFL Network’s Albert Breer was on the scene and has a more detailed report of the press conference and of the new Collective Bargaining Agreement (CBA).
Details about the new CBA and the ramifications it will have on the Vikings, training camp and the NFL world going forward will continue to trickle in today and throughout the week, so stay tuned to vikings.com for more information. For now, though, here are a few basics of the deal…
– The new CBA is a 10-year agreement that contains no opt-out clause for either the NFL or the NFLPA. The previous agreement, ratified in 2006, contained an opt-out clause that was exercised.
– The CBA expires after the 2020 season but the 2021 NFL Draft will also be included in the CBA, just as the 2011 NFL Draft was included in the previously expired CBA.
– A main issue in the negotiations was splitting the revenue. The two sides came to agreement on a new “all revenue” model and basically the players will average at least a 47% of all revenue over the life of the 10-year agreement.
– A new rookie wage scale is a part of the new CBA, meaning that guaranteed money paid to rookie draft choices will be dramatically decreased.
– The enhanced season – aka the 18-game regular season schedule – is not a part of the new CBA. Owners can try to negotiate more games into the schedule as soon as 2013.
– The salary cap is set for $120.375 million but because of a few provisions that will protect veterans from being dumped to save cap space the number is essentially $126.88 million for 2011. No word yet on where the Vikings stand in terms of their salary cap situation.
– There is also a salary floor which dictates that 99% of the salary cap be spent by the entire NFL between 2011-2012, then that number goes to 89% from 2013-2016 and 2017-2020.
– Organized Team Activities (OTAs) have been reduced from 14 days to 10.
– The new CBA adds significant money to funds for retired players. More details on this will come out in the future.
That’s it for now, but stay tuned for more info…
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