As the NFL owners continue their day long informational meeting regarding the on-going labor negotiations, details of a potential new collective bargaining agreement have started to leak.
According to Chris Mortensen of ESPN.com, commisioner Roger Goddell has informed owners of several details that have been negotiated in a new collective bargaining agreeement.
In the proposed agreement the players would receive a 48 percent share of “all league revenues.” Under the old agreement the players received nearly 60 percent of total revenues AFTER the league took $1 billion off the top of the leagues $9 billion revenue model. Revenue sharing had been one of the biggest negotiating hurdles during negotiations.
In the new model no money would be taken off the top by the owners. The players share would never fall below 46.5 percent of all league revenues.
In addition to the new revenue scale the two sides continue to negotiate on several key issues:
- A rookie wage scale will be part of the new deal but is not finalized
- There will be a new 16-game Thursday night schedule that will generate new revenue
- An 18-game regular season will not be part of the new deal but will remain a negotiable item
- Teams will be required to spend 90-93 percent of the salary cap
- Retired players will receive improved health benefits and pension funding from an expected increase in league revenue
The NFL and decertified players association are set to resume negotiations later this week.
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