Tuesday, March 8, 2011

NFL, NFLPA Labor Latest: Players Union Gets Preparation Handbook, Hires International Bank

According to a USA Today report, NFL players were issued a 64-page handbook on how to prepare financially for a lockout.

They will need that handbook if progress isn't made at the negotiation table toward a new collective bargaining agreement before Friday at 4 p.m. CST.

One of the big issues concerning negotiations for a new CBA is the players union wanting to look at the NFL's financial books to see why the owners want a $2 billion credit out of the $9 billion of revenue currently in dispute.

According to Cleveland Browns linebacker Scott Fujita, however, the financial information turned in by the NFL so far is insufficient.

The NFLPA has hired an international investment bank to help them interpret any information they do receive about the NFL's economics.

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