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Amid pessimism, some progress is made

NFL LABOR FOOTBALL

NFL Players Association Executive Director DeMaurice Smith, left, and Jeffrey Kessler, outside counsel, right, arrive at the Washington offices of the Federal Mediation and Conciliation Service for contract negotiations with the NFL, Thursday, March 10, 2011. (AP Photo/Cliff Owen)

AP

Though the NFL and the NFLPA still have a long way to go in order to strike a deal (or, best case, an extension to keep working on a possible deal), we’re told that the financial gap between the parties continues to shrink.

Per a source with knowledge of the situation, the gap currently is under $700 million per year. And there’s still plenty of room to move.

The talks began with the NFL wanting an extra $1 billion off the top before application of the formula that pays the players 59.6 cents of every dollar generated. While there’s still a long way to go, and obviously a short time to get there, more than 30 percent of the mountain has been chipped away.

It ain’t much. But it’s progress. At a time when it feels like this thing is about to blow sky high, we’ll take it.