NFL Owners Approve New CBA (Updated)

Updated: According to Pro Football Talk, this deal is far from over. In an e-mail to the players, De Smith said that the deal the owners ratified differs from what was negotiated. So, back at square one…again. More to come…

Finally, we have some tangible progress in the NFL labor negotiations. The owners voted 31-0 today in approval of the new CBA. Not surprisingly, Al Davis abstained from the vote. That’s probably because he’s not actually alive. Also, rumor has that this deal has a “Jerry Clause”, which allows for some cap leniency for overpriced veterans.

Part of the agreement requires that the NFLPA becomes re-certified as a union by July 26th. In the meantime, if the players approve the deal tonight. The season will start on the 27th and teams can start signing undrafted free agents Sunday at 2 PM. It also appears that this will be a 10 year deal with no opt out provision. An opt out is how this whole mess began.

A few more details:

Salary Cap will be $120.375 million. It isn’t known right now what the soft cap rules will entail.

The Hall of Fame game has been canceled. That is probably going to be the only casualty from the lock-out.

Unfortunately, it looks like Roger Goodell will maintain his absolute power in punishing players.

Teams must spend a minimum of 99% of the cap this year. That’s going to be interesting because there are several teams that are far below that. The Bucs in particular are about to go on a spending spree.

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Tags: Jerry Clause Lock-out Is Over Nfl Cba NFLPA Owners

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