NFLPA wants to spread pandemic financial losses over 10 years – NBC Sports – NFL

As PFT reported last night, the union and the league will resume direct conversations on Monday, with the objective of getting all issues fixed by Wednesday or Thursday.

Considerable concerns indeed stay between the NFL and NFL Players Association as management and labor battle to deal with all issues that need to be resolved before pandemic football can be played. All are equally substantial in this minute, but one brings universal significance: Money.

Neither side must desire the cap to dip in 2021. Groups have gamers under contract at particular salary levels, and lots of groups would have to do significant surgical treatment to the lineup to comply with a considerably shrunken cap. Hence, it makes good sense to smooth the damage from 2020 over years in which there will not be a pandemic, there will be new television deals, and there will be a likely explosion of legalized sports wagering and the cash money that originates from it.

Under the CBA, the 2020 gamer salaries are locked in, and the 2 sides agree that all cash is payable and due the minute the groups play one video game. If any video games are canceled, the 2 sides get an express responsibility to bargain concerning the impact of lost profits on the next years income cap. (Its a redundant commitment, considered that the 2 sides each year work out the income cap.).

The NFLPA wants none of this years incomes to be put in escrow, a flat wage cap for 2021 ($ 198.2 million), payment of all fully-guaranteed money even if video games are canceled, and (most considerably) an arrangement to spread any 2020 revenue losses over nine seasons, from 2022 through 2030.

Tom Pelissero of NFL Media reports that the NFL has gotten from the NFLPA a proposal regarding the economic concerns associating with the handling of the monetary losses in 2020 and the impact of those losses on future salary caps.

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