Thursday, September 29, 2011
NFL Lockout Comes to an End
The NFL Lockout was a workforce strike by the players that demanded the CBA be reconstructed and bargining agreements had to be reached. The owners of the teams wanted to pay less and also to add two more games to the NFL regular season. They wanted to do this in order to maximize their profits by having lower wages to pay the players and more games to produce a larger income. However, both sides have to consider their own self-interest and they want to get the most profit out of their careers in NFL. The players also wanted more medical sercurity, this included having a league-sponsored medical plan for life. The players are constantly having to think at the margin because the average NFL career is only 3.3 years. Players have to think how much longer can I continue to play this game, and how much money can get before my career is over. On July 25, 2011, the NFL Lockout was lifted and the players and owners agreed to a new deal that will last for the next ten years.