The NFL and Players Association are set to meet Friday afternoon in an attempt to work out the final details of proceeding with 2020 training camps and the regular season. Ahead of the meeting, both sides met respectively in order to prepare for what may be their most important negotiation before training camps are set to begin.
Meanwhile, the NFL also just called a call with owners, GMs and head coaches this afternoon, per source. Negotiations with the union ongoing as owners push for resolution before players enter facilities. https://t.co/SYsu9LytsS— Tom Pelissero (@TomPelissero) July 24, 2020
As reported this morning, the NFL was willing to compromise on the structure of lost revenue from the 2020 season in regards to affecting the salary cap in the future. It has been reported by NFL Network’s Tom Pelissero that the NFL may be dropping the request to change the 2020 salary cap while raising the minimum salary cap for 2021.
So this is part of how NFL owners are trying to close the deal on economics before players get into facilities starting this weekend:— Tom Pelissero (@TomPelissero) July 24, 2020
- Raised the minimum cap in 2021 from $165M to $175M
- Dropped request for $8M salary cap reduction in 2020
NFLPA leadership is discussing. https://t.co/LB9hKMIuqa
The minimum salary cap is becoming an issue because of uncertainty of the NFL to be able to finish the 2020 season. Even with lost revenue due to ticket sales, the NFL has approved additional sponsorships on tarps covering the first several rows of seats in each stadium. While some financials could keep the NFL more on track for what they anticipated for the coming year, the ultimate gauge for financial stability comes in playing every game throughout the season.
Stay tuned to Behind The Steel Curtain as reports from Friday’s meeting continue to emerge.