NFL owners will pay $177 million on Thursday to complete their contributions to the player benefits program for the 2010 season.
That payment will bring the total amount funded by the 32 teams for 2010 to $245 million. It is a payment the league has made by the end of March each year under its collective bargaining agreement with the NFL Players Association.
The CBA expired on March 11 and the NFLPA dissolved as a union. The league then locked out the players.
Ownership contributions fund player benefits that include the pension plan, group medical insurance, the disability plan, and the "88" program for retired players with dementia or related conditions.
The NFLPA said in a statement that the league was doing no more than fulfilling its contractual obligations.
The players still want more!!!!!!!!!!!!!!!!!!!!!!
Wow SportsManiac, I'm speechless. I've not been following sports this week, so I'm not sure what has happened since this last post, but does this mean we will or will not have football this year? Or do we still not know?
ReplyDeleteWell, SportsManiac...someone once told me "All any of us really wants is just a little more" and isn't it the truth!!!!
ReplyDeleteWe are in the wrong profession! hahaha