IN THE EVENT OF A LOCKOUT
- The record 495 players (25% of the league) scheduled to be unrestricted free agents - for many the only time in their career they will really cash in - will be in limbo. During a lockout, no business between players and clubs can be conducted. No players can be signed or released.
- Offseason programs, which usually start later this month, will be canceled. Same with minicamps and Organized Team Activities. The eight new head coaches, who need to implement their new programs, won't have players to coach. There can be no contact between players and coaches.
- The NFL will stop paying the premiums on players' health insurance policies. This does not mean the players will be without insurance. They can continue their coverage through COBRA and pay the premiums themselves, estimated anywhere from $1,500 to $3,000 per month.
- Injured players can't use the team facilities for rehabilitation.
Here is what the NFL has said it will lose in revenue in a lockout: $120 million in March, the cumulative figure grows to $350 million in August and $1 billion if the lockout ends right before the season. Then it's another $400 million per week in lost revenue once the regular season starts.
- The NFL draft is protected through this year by the recently expired collective bargaining agreement. It will be held April 28-30 at Radio City Music Hall. Teams may not trade players for other players or for draft picks during the draft. The only permissible trades are picks for picks. The draft picks can't sign or work out at the team facilities during a lockout. If the lockout goes deep into the summer, that will hinder their ability to make a contribution in their rookie year.
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As soon as the draft is over, there is traditionally a scramble to sign undrafted rookies, which is not permissible during a lockout.
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