What was the NFL lockout about, you may ask? Well the NFL lockout was about money. Since 2002, players in the NFL received between 50 and 52 percent of revenue, which means the the owners received 48 to 50 percent. The fight was because the owners wanted more money than the players. During the lockout, players could not do anything that had to do with other players.
For the agreement of the NFL lockout players will receive about 48 percent of revenue, but owners will receive credit for stadium investments. There will be a salary cap of around with potential for yearly increase depending on revenue. There will be a four year contract for all rookies taken in the draft. There will not be a 18 game season until 2013 at the earliest.
I think the NFL lockout was sort of senseless because the whole problem was about how much money the owners were making. But the owners of the NFL were already making a lot money. And if the players don't get to have off season workouts and stuff they won't be as ready to start the season!
Sources: NFL Lockout, NFL Lockout
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