Finally a compromise has been reached and the owners and players have come to together to end the lockout. Each side received gains and losses from the deal.
The owners were able to secure 53% to the players 47% of revenue. The players persuaded the teams to spend nearly all the cash in the salary cap space and changes to the in-season and offseason practices that now make the game safer. Players also received five consecutive days off during their bye week. One important compromise came on expanding the regular season from 16 to 18 games, which owners favored. That can be revisited for the 2013 season, but players must approve any change. Now that everything is resolved a mass frenzy will commence. Here’s the NFL timeline:
NFL timeline of transactions
With the NFL back in business, here’s how the first days of league business will go for players and teams:
Monday at 6 p.m. ET
• NFL to publish official list of 2011 free agents.
Tuesday at 10 a.m. ET
• Trading begins.
• Teams can sign rookies and undrafted free agents.
• Teams can negotiate with, but not sign, veteran free agents.
Thursday at 4:01 p.m. ET
• Teams can begin to cut players.
Friday at 6 p.m. ET
• Teams can officially sign free agents. Players who sign must report to new teams but can’t participate in physical activities until start of league year on Aug. 4.
Aug. 4 at 4:01 p.m. ET
• Clubs must be within salary cap.
(provided by espn.com)
LETS PLAY FOOTBALLLL!!!!