CCBoy
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NFL Remembers Its Legends
by Kegbearer
http://www.bloggingtheboys.com/2011/7/18/2282036/the-nfl-remembers-its-legends
As good news of progress being made towards a new CBA keeps pouring in, it appears good-faith bargaining, if not just "good" common sense, has indeed reached the negotiating tables. It seems the NFL has not forgotten its own and both sides agreed to set aside funds for retired players. Of course, it's still a little unclear which retired players were looked after the most. PFT reports:
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.
While we should be very happy with these breaking developments, we will have to wait a while before we get to know what will really go to the retired players most deserving, if not desperate. If you go back even a couple of decades, the terrible 5-year post-retirement pension that the current players are trying to turn into a lifetime guarantee would seem incredible to some of the football players that built and developed the game of football and the NFL brand...
by Kegbearer
http://www.bloggingtheboys.com/2011/7/18/2282036/the-nfl-remembers-its-legends
As good news of progress being made towards a new CBA keeps pouring in, it appears good-faith bargaining, if not just "good" common sense, has indeed reached the negotiating tables. It seems the NFL has not forgotten its own and both sides agreed to set aside funds for retired players. Of course, it's still a little unclear which retired players were looked after the most. PFT reports:
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.
While we should be very happy with these breaking developments, we will have to wait a while before we get to know what will really go to the retired players most deserving, if not desperate. If you go back even a couple of decades, the terrible 5-year post-retirement pension that the current players are trying to turn into a lifetime guarantee would seem incredible to some of the football players that built and developed the game of football and the NFL brand...
