The executive director of the National Football League players union said a player lockout next season is a “near certainty,” and that it would cost the U.S. economy an estimated $5 billion in lost wages, taxes and other revenue if the entire season is canceled.
DeMaurice Smith, executive director of the NFL Players Association, said on Bloomberg Television’s “Political Capital with Al Hunt,” airing this weekend, that the National Football League should expect more injury-related lawsuits from former players.
National Football League Commissioner Roger Goodell and players’ association chief DeMaurice Smith appeared together at a orientation for rookies and said they were working hard to end a lockout that has shuttered the U.S.’s most-popular sport since March.
The National Football League and its players will continue talks that have renewed optimism that the sides can end a three-month-old shutdown of the U.S.’s most- popular sport before the scheduled start of the season.
National Football League players union chief DeMaurice Smith and NFL Commissioner Roger Goodell are meeting in New York today to discuss labor issues, union spokesman George Atallah said in an interview.
Negotiators for National Football League owners and players are close to agreeing on how to divide a projected $9.3 billion in revenue, two weeks before training camps are scheduled to open, according to two people with knowledge of the talks.