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NFL Lockout Comes to an End: A New Deal is Approved (4606 hits)

After months of public nastiness and private negotiations, of court filings and rulings, of players and owners squabbling over more than $9 billion a year, NFL fans finally saw the handshake and heard the words they awaited: “Football’s back.”

NFL Commissioner Roger Goodell and NFL Players Association head DeMaurice Smith both used that phrase while standing shoulder-to-shoulder Monday, announcing their agreement on a 10-year deal to end the lockout that began in March.

Then came what may truly be the lasting image of the dispute’s resolution: Indianapolis Colts offensive lineman Jeff Saturday wrapped one of his burly arms around New England Patriots owner Robert Kraft and enveloped him in a hug — a gesture that symbolized the acrimony’s end more than any statement could.

“I’d like, on behalf of both sides, to apologize to the fans: For the last five, six months we’ve been talking about the business of football — and not what goes on, on the field, and building the teams in each market,” Kraft said. “But the end result is we’ve been able to have an agreement that I think is going to allow this sport to flourish over the next decade.”
Owners can point to victories, such as gaining a higher percentage of all revenue, one of the central issues — they get 53 percent, players 47 percent; the old deal was closer to 50-50. There’s also a new system that will rein in spending on contracts for first-round draft picks.

http://yourblackworld.com/2011/07/26/nfl-lockout-comes-to-an-end-a-new-deal-is-approved/

Read More: http://sportsillustrated.cnn.com/2011/football/nfl/07/25/nfl-labor-deal.ap/index.html#ixzz1TDDEspj3
Posted By: Sister Elynor Moss
Tuesday, July 26th 2011 at 3:34PM
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