MELBOURNE, Australia — After nearly two years of negotiation, the National Football League owners meeting here this week is scheduled to take place on Saturday, March 25.
The NFL owners are in the middle of a process of trying to come to terms on a long-term contract extension that will keep the league in the national sports game until 2026, with the possibility of an extension in the future.
Under the new collective bargaining agreement, owners will get $2.8 billion per year in increases over 10 years, but there are also options for the owners to raise the money to keep the game alive in the next decade.
Owners will vote on the contract in their March 21 meeting, with votes going to the full membership of the league on Thursday.
For the first time, the owners have decided to have a full vote on their contract.
Some have speculated that they might consider an extension before they have a chance to make a decision, though it is not clear how much of an increase they might be able to get.
There are other options that could be on the table, including adding an additional $2 billion per season.
In other words, there is a possibility that the owners might agree to raise more money, which would leave the NFL with $3.8 million less than it was in 2019.
With a deal still on the books, owners can negotiate longer term.
“There’s a lot of discussion in the room, and we’re trying to work through that,” said Cowboys owner Jerry Jones, who has been critical of the current collective bargaining.
“We’ve been working hard to get a deal.
We haven’t made a decision yet, but we’re going to try to work it out as best we can.”
The meeting is set to take a few hours, with some players on both sides expected to take part.
The NFL Players Association, which represents most of the players, is scheduled on the first day of the meeting.
The NFLPA and NFL Players have been trying to reach a deal on the future of the game for years.
The current collective bargaining agreement expires in 2021, and the owners want to negotiate a new one, with all players getting an extra 10 years and no cap increases.
It is expected that players will still be able sign with other teams under the new agreement, but some are saying that the league could try to limit the number of teams the league can field.
Other issues that have been discussed include:The NFL could allow teams to pay players less than the league allows them to earn, including bonuses and roster bonuses; the league would have to allow more games in the postseason to help players recover from injuries; and the league might have to provide more guaranteed money to players, but that could change as teams improve and improve their rosters.
As part of negotiations, the NFLPA wants the NFL to pay out bonuses to the players in a way that is fair to the teams.
The owners have been pushing for the bonuses to be capped at $1 million per player, but the league has resisted the idea, saying the amount is too high.
The owners also want the league to provide incentives for players to work out, like money for workout equipment.
But the NFL has said it is unlikely that any of the incentives would be paid out to players under the current agreement.
NFLPA Executive Director DeMaurice Smith said the union has received some feedback from players, including one who told him that he doesn’t want to work with the owners, but he’s open to the idea of the deal.
Smith said he hopes that all sides can come to a deal, and that the NFL is in a good place.
If the owners don’t agree to the new deal, Smith said he thinks it’s possible that the union could vote to block the agreement from going into effect.