As the NFL and NFLPA* continue to march toward an apparent deal to end the lockout, more information is coming out about what they’ve agreed to do for the retired players, who have consistently insisted that their needs have to be considered as part of any deal.
According to multiple reports, the proposed new Collective Bargaining Agreement includes $1 billion in new benefits for retired players over the life of the 10-year deal.
More than $600 million will be put into the “Legacy Fund” for retired players over the next 10 years.
We’ll be interested in hearing how retired players react to the new CBA, which from all indications will be ratified on Thursday. On first blush, it sounds like a good deal for them.