NFL, NFLPA Labor Update: NFL Makes Revenue Proposal

DeMaurice Smith told the players on Twitter that they will get an update on the negotiations for a new collective bargaining agreement by 1 p.m. CST on Friday.

Until then, it looks like the NFLPA has a lot to discuss with the NFL.

Andrew Brandt, who is an NFL business analyst for ESPN, said on SportsCenter that the only issue the NFL and players union are close to agreeing upon is the rookie wage.

Both sides agree that rookies are being overpaid nowadays. So it looks like Rams quarterback Sam Bradford will be the last player to get a big signing bonus in his rookie year.

Regarding other issues, the NFL and NFLPA still remain miles apart. The NFL, who had its largest group of owners present on their behalf today, has made a proposal on the revenue-split debate where the players would get 43 percent of the revenue.

The players union, however, has made it clear that they want half of the revenue. They've also made it clear that, for safety reasons, they don't want to play 18 regular season games.

However, the owners could argue that the two extra games would add revenue to the NFL. And they could share that revenue with the players.

So, with less than 24 hours left before the current CBA expires, things still look very bleak. It looks like the best-case scenario in regards to getting a new CBA would be if another extension is agreed upon.

So, as always, stay tuned...