NFL Football Revealed on Squib Kick

There will be peace!!!! NFL Owners extend the collective bargaining agreement for six more years

by Jesse on March 8th, 2006

NFL.com wire reports

GRAPEVINE, Texas (March 8, 2006) — Labor peace was restored to the NFL when the owners agreed to the players union’s proposal, extending the collective bargaining agreement for six years.

There were no further details on the agreement, or whether it includes expanded revenue sharing.

The vote was 30-2, with Buffalo and Cincinnati, two low-revenue teams, voting against the extension.

Free agency, put off twice by the protracted negotiations between the owners and players, now will start at 12:01 a.m. March 10.

“It was a good compromise,” said Jim Irsay, owner of low-revenue Indianapolis. “We’re happy with it — 30-2 is a good vote.”

The agreement comes after a week of on-again, off-again negotiations, culminating in a two-day owners meeting.

No agreement wouldn’t have meant a work stoppage — at least not for the next two years — but it would have sent teams scrambling to get under a $94.5 million salary cap. That would have put a number of veterans on the street and it would’ve also limited the amount of money available for other free agents. And it would’ve led to an uncapped year in 2007.

Now the cap is expected to go up by as much as $10 million with an extension of the CBA in place.

The real debate was between the owners themselves on the important issue of expanded revenue sharing.

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