NFL and PA Agree to 24-Hour Discussion Extension
March 4, 2011
An agreement was reached before the midnight (ET) expiration deadline of the current collective bargaining agreement (CBA) to extend the labour talks for a further 24-hours, between the National Football League Players’ Association (NFLPA) and the League to avoid a potential lockout for at least one more day.
The League-owned NFL Network reported the extension on negotiations beyond the original deadline of midnight eastern time on Thursday to the same time today, Friday 4 March.
Both parties have been in negotiations with a federal mediator over the past week after talks over how to divide the NFL’s US$9 billion annual revenues had reached stalemate. Other key issues include the expansion of the regular season to an 18-game schedule, a rookie wage scale and pensions for former players.
The announcement of an extension came just hours after US President Barack Obama urged the warring sides to reach a deal without the need for political intervention.
Speaking at a press conference at the White House, Obama stated: “We’ve got owners, most of whom are worth close to a billion dollars. You’ve got players who are making millions of dollars. My working assumption at a time when people are having to cut back, compromise and worry about making the mortgage and pay for their kids’ college educations is that the two parties should be able to work it out without the President of the United States intervening.”