NFL Lockout Update: An Offseason Lockout is Nearly Upon Us

March 4, 2011   ·   Holden McGinnis   ·   Jump to comments

Despite agreeing to a 24-hour extension to the collective bargaining agreement, it is clear that the NFL will be forced into a lockout in the near future. The deadline is now midnight on Friday, March 4, though there will only be one additional meeting on Friday and it seems clear that no settlement will be reached.
The first and foremost reason being that the two sides are so far from reaching an agreement that the 24-hour extension will just postpone the inevitable lockout.
The major issues continue to be the percentage cut of the overall revenue stream, the potential move to an 18-game season from the current 16-game format, and the rookie wage scale.  
The revenue stream issue is the easiest to grasp for the average NFL fan, as it is obvious that each side wants a larger cut of the pie than the other. The revenue stream after the owners take their credit cut is around $9 billion. The current offer remains at 51-49 in favor of the owners, but the p...

Read Complete Article at Bleacher Report - NFL
Article is property of BleacherReport.com