NFL Collective Bargaining Agreement Receives 24-Hour Extension

The NFL and NFLPA will extend the collective bargaining agreement to March 4 at 10:59 p.m. CST.

NFLPA director DeMaurice Smith said at the podium before leaving the building that he would like to thank all the fans who "dig our game" for their patience and that "we're going to keep working."

So what can the players and owners accomplish in an extra 24 hours of negotiations that they couldn't accomplish over the past few years?

By agreeing to the extension before 4:30 p.m. CST, the players union now has an additional 24 hours to file for decertification. They can still decertify after the CBA expires, but will have to wait six months to sue the NFL for violations of antitrust laws.

NFL Network's Jason La Canfora says he thinks the current extension of the CBA deadline could lead to a longer extension, likely an entire week.

Rich Eisen played the role of Debbie Downer, mentioning the thought that the NFL and NFLPA are just meeting for long amounts of time to say that they tried to avoid the lockout.