The NFL Talks are Extended, What Does it All Mean?
Yesterday, we received that news that the NFL and the Players’ Union agreed to extend their Collective Bargain Agreement’s deadline until midnight tonight and to keep negotiating.
Immediately the pundits began to analyze what was the true meaning of this development? This must be good news, right? Or maybe, it’s just a short extension before an inevitable long lockout?
The truth is that only the people in the negotiating room know what this really means. However, it is fair to conclude that yesterday the parties agreed that there was enough reasons to keep talking. Unfortunately, that could change fairly quickly.
I think it’s fair to assume that if a new CBA is going to happen it may take a serious amount of time to hammer out all of the final details, this will require another (and much longer) extension of time to negotiate. It will also require that cooler heads continue to prevail.
My name is Christopher Fusco. I am the managing partner of Callahan & Fusco, LLC with offices in New York, New Jersey, and Pennsylvania.