BillsOwnAll
03-06-2006, 05:46 AM
http://sports.espn.go.com/nfl/news/story?id=2355861
NEW YORK -- NFL labor negotiations took yet another surprising turn late Sunday when the league and union agreed to postpone free agency another 72 hours, giving the sides more time to try to reach agreement on an extension to their contract.
NFL spokesman Greg Aiello said the delay would give owners a chance to consider the union's latest proposal during a meeting Tuesday in Dallas.
"The NFL negotiators called us tonight after our negotiations broke off to indicate that they will take our complete package to the owners for an approval vote on Tuesday," Gene Upshaw, executive director of the NFL Players' Association, said late Sunday night. "We have therefore agreed to extend the free agency deadline until midnight Wednesday in order to provide time for that vote to be accomplished. It was the NFL's previous rejection of our proposal earlier this evening that caused the talks to break down."
The deal that NFL owners will vote on guarantees that players will receive 59.5 percent of all football revenue over the six-year extension of the CBA, ESPN's Chris Mortensen reports. That 59.5 percent includes a "cash over cap" limit that addresses the concerns of low revenue clubs about how much teams actually spend on their payrolls in a given year.
NEW YORK -- NFL labor negotiations took yet another surprising turn late Sunday when the league and union agreed to postpone free agency another 72 hours, giving the sides more time to try to reach agreement on an extension to their contract.
NFL spokesman Greg Aiello said the delay would give owners a chance to consider the union's latest proposal during a meeting Tuesday in Dallas.
"The NFL negotiators called us tonight after our negotiations broke off to indicate that they will take our complete package to the owners for an approval vote on Tuesday," Gene Upshaw, executive director of the NFL Players' Association, said late Sunday night. "We have therefore agreed to extend the free agency deadline until midnight Wednesday in order to provide time for that vote to be accomplished. It was the NFL's previous rejection of our proposal earlier this evening that caused the talks to break down."
The deal that NFL owners will vote on guarantees that players will receive 59.5 percent of all football revenue over the six-year extension of the CBA, ESPN's Chris Mortensen reports. That 59.5 percent includes a "cash over cap" limit that addresses the concerns of low revenue clubs about how much teams actually spend on their payrolls in a given year.