NFL Agreement Approved
Wow! It's done!! Quick and easy -- no drama!
NFL players voted to approve a new collective bargaining agreement with team owners that will reshape the financial and professional lives of thousands for the next decade, union representatives said on Sunday.
The NFL Players Association's membership voted to pass the deal by a slim margin, with 1,019 players voting in favor and 959 voting against the deal. As a result, the NFL will have labor peace through at least the 2030 season.
Lots of interesting stuff in the agreement -- I find this the most interesting:
The NFL's regular-season schedule will eventually increase to 17 games per team, up from 16 games at present. Each team will play three preseason games, rather than four.
The prospect of a longer season was met with widespread criticism among players who expressed concern about the potential health risks. The tweaked regular-season slate will likely take effect in 2021 or later.
And, on top of increases to base pay for new players, there's these nice perks too:
Pension plans for former NFL players will increase by 10 percent, while 401K matching will see an initial increase of $30,000 followed by annual jumps. Players will be eligible for vision coverage as part of their health care package for the first time and receive increased tuition reimbursement, among other improvements.
They've never had vision coverage? Seriously?
Read more on this: https://www.foxbusiness.com/sports/nfl-collective-bargaining-agreement-details-facts-figures
Grace & Peace & Love to you all -
Matt
NFL players voted to approve a new collective bargaining agreement with team owners that will reshape the financial and professional lives of thousands for the next decade, union representatives said on Sunday.
The NFL Players Association's membership voted to pass the deal by a slim margin, with 1,019 players voting in favor and 959 voting against the deal. As a result, the NFL will have labor peace through at least the 2030 season.
Lots of interesting stuff in the agreement -- I find this the most interesting:
The NFL's regular-season schedule will eventually increase to 17 games per team, up from 16 games at present. Each team will play three preseason games, rather than four.
The prospect of a longer season was met with widespread criticism among players who expressed concern about the potential health risks. The tweaked regular-season slate will likely take effect in 2021 or later.
And, on top of increases to base pay for new players, there's these nice perks too:
Pension plans for former NFL players will increase by 10 percent, while 401K matching will see an initial increase of $30,000 followed by annual jumps. Players will be eligible for vision coverage as part of their health care package for the first time and receive increased tuition reimbursement, among other improvements.
They've never had vision coverage? Seriously?
Read more on this: https://www.foxbusiness.com/sports/nfl-collective-bargaining-agreement-details-facts-figures
Grace & Peace & Love to you all -
Matt
