NFL and Players Going back to work!

NFL players voted to OK a final deal Monday. NFL Commissioner Roger Goodell said “This is a long time coming, and football’s back and that’s the great news for everybody.” The sides worked through the weekend and wrapped up the details Monday morning on a final pact that runs for 10 years, without an opt-out clause.

Monday: The free agent list will be published at 6 p.m. ET.

Tuesday: Facilities open “for training, conditioning” and “classroom” work; trading period begins (no time specified); teams can start signing undrafted free agents and their own draft picks at 10 a.m. ET; teams can begin negotiating with any free agents — their own and those who were with other teams.

Thursday: Waiver period begins and teams can begin terminating contracts at 4:01 p.m. ET.

Friday: Full free agency begins — teams can begin signing their own free agents and those who played with other teams at 6 p.m. ET.

Training camps can open on Wednesday, but no teams can be in pads until Saturday. So as a practical matter, no real camp activity will begin for any team until Saturday, but in the new CBA it stipulated the first three days of camp are non hitting.

The major economic framework for the deal.
$9 billion in annual league revenues will be divided (about 53 percent to owners and 47 percent to players over the next decade; the old CBA resulted in nearly a 50-50 split); a per-club cap of about $120 million for salary and bonuses in 2011 — and at least that in 2012 and 2013 — plus about $22 million for benefits; a salary system to rein in spending on first-round draft picks; and unrestricted free agency for most players after four seasons.

Read the full story at NFL.com by clicking the link below.

Goodell: ‘Football is back’; players unanimously approve CBA



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