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Is NFL Labor Deal Between Owners And Players Close In Principle?

Recent reports seem to suggest that a deal between the owners and players could come extremely soon. According to Rachel Cohen of the Associated Press, a deal could be struck in principle within 24 hours.

Significant progress on a major sticking point in the NFL labor impasse — soaring rookie salaries — during marathon talks Thursday raised hopes that a tentative agreement in principle could perhaps come within 24 hours, according to two people familiar with the negotiations.

They cautioned, however, that other key issues remained for owners and players to resolve, including free agency and new offseason workout rules.

The people spoke to The Associated Press on the condition of anonymity because the negotiations aimed at ending the NFL's four-month-long lockout are supposed to be confidential.

NFL Network's Albert Breer tweets:

Filed to NFL Network: Outside of some ancillary details, the economics of a deal between the players and owners are done.less than a minute ago via web Favorite Retweet Reply

There are still plenty of other hoops for the sides to jump through, and important issues like the Legacy Fund, player safety left to cover.less than a minute ago via web Favorite Retweet Reply

But getting the finances to the right place is, of course, a pretty big deal. It seems they've done that.less than a minute ago via web Favorite Retweet Reply