The National Football League is set to begin the 2010 season without a player salary cap because team owners and the players’ union have failed to hammer out a new labour agreement in time.
Bloomberg reports that the first work stoppage in the NFL since 1987 is now a possibility for the 2011 season.
The team owners forced a renegotiation of the labour deal by opting out of the existing one in May 2008. The opt-out was an option for the team owners under the terms of the agreement, but came several months earlier than expected.
 . “We have a lot to do and a lot to address,” said NFL commissioner Roger Goodell. “Progress today is minimal.”
Bloomberg reports that the current deal gives players about 60 per cent of the league’s $8 billion annual revenue. Owners want a bigger chunk to cover their costs for investing in the sport.
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