JimmiJo Posted March 9, 2006 Share Posted March 9, 2006 http://sports.espn.go.com/nfl/news/story?id=2360258 Click on link for full story... NFL owners approve six-year CBA extension GRAPEVINE, Texas -- Labor peace was restored to the NFL when the owners agreed to the players' union proposal Wednesday, extending the collective bargaining agreement for six years. There were no further details on the agreement, including whether it includes expanded revenue sharing. The vote was 30-2, with Buffalo and Cincinnati, two low-revenue teams, voting against it. Free agency, put off twice by the protracted negotiations between the owners and players, now will start at 12:01 a.m. Friday. "It was a good compromise," said Jim Irsay, owner of low-revenue Indianapolis. "We're happy with it -- 30-2 is a good vote." Link to comment Share on other sites More sharing options...
bubba9497 Posted March 9, 2006 Share Posted March 9, 2006 http://sports.espn.go.com/nfl/news/story?id=2360258 click link for full article NFL owners approve six-year CBA extension ESPN.com news services GRAPEVINE, Texas -- Labor peace was restored to the NFL when the owners agreed to the players' union proposal Wednesday, extending the collective bargaining agreement for six years. There were no further details on the agreement, including whether it includes expanded revenue sharing. The vote was 30-2, with Buffalo and Cincinnati, two low-revenue teams, voting against it. "On behalf of the players, the NFLPA staff and the negotiating team, we are pleased that this process has finally concluded with an agreement," Gene Upshaw, executive director of the NFL Players' Association, said in a statement. "This agreement is not about one side winning or losing. Ultimately, it is about what is best for the players, the owners and the fans of the National Football League. As caretakers of the game we have acted in the manner the Founders intended. While they could not possibly have predicted the economic growth and revenue streams, they clearly saw the structure. Wellington Mara would be both proud and pleased today. "Moving forward, this new agreement gives us the opportunity to continue our unprecedented success and growth." Free agency, put off twice by the protracted negotiations between the owners and players, now will start at 12:01 a.m. Friday. "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 concludes weeks of contentious negotiations between the league and the NFL Players' Association. The new extension was expected to add $10 million to the 2006 salary cap, pushing it over $104 million. Without a CBA extension, the 2006 cap would have been $94.5 million Link to comment Share on other sites More sharing options...
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