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NFL Lockout: Sides Agree To Seven Day Extension Of CBA Deadline

On Thursday afternoon, the NFL and NFLPA agreed to extend the deadline by 24 hours for reaching a new Collective Bargaining Agreement. On Friday afternoon, the two sides extended it by a week.

According to ESPN's Adam Schefter, the NFL owners and NFL Players Association have agreed to extend the CBA deadline for seven days. That will take the talks through next Friday at 5:00 p.m., Schefter reports. Mediation is likely to continue on Monday.

As we previously explained, this extension is the best possible news we could get. Mike Silver of Yahoo! Sports reported that an extension of this variety would more than likely mean a new agreement is on the way.

That said, there are still a ton of issues the two sides need to work on. At last check, they were still nearly a billion dollars apart on how to split the revenue and there have been no decisions on things like the 18-game season, health care and a rookie wage scale.

But that the two sides are talking and appear to have some momentum, is very good news.