Ed Garvey is openly optimistic about chances of the National Football League owners and players finally reaching a collective bargaining agreement, possible within two weeks.

"The logjam is breaking a bit," said the executive director of the NFL Players Association. "This is the first time in five years there's been any give and take. It's a new experience, and I think I like it. But I'm not sure."

Management and the players have been without a contract for nearly three years. Garveys' hopes are lifted by the owners apparently bending on issues such as impartial arbitration in more than injury disputes and protection for players severely hurt while working under multiyear contracts.

"Two years ago when we mentioned arbitration the owners screamed 'anarchy,'" Garvey said. "Now they're saying 'on what issues?' Obviously they want a draft."

Even negotiations on that issue seem to have narrowed to two options, Garvey indicated. Neither would drastically alter what a judge declared illegal some months ago.

Under one plan being considered, teams would draft collegians as always, except that binding arbitration would take place if the team and player could not reach agreement by a certain date.

The usual selection process also would take place under the second plan, except teams would have the option of offering the draftee either a one-year contract at an established minimum wage or two - or three-year contracts at higher averages, with a certain percentage guaranteed.

Feb. 15 is an arbitrary target for both players and management, Gravey said, because there are rumors that around that date several lawsuits against the NFL might be filed by collegians. Another bargaining session is scheduled here Tuesday, with about 30 issues still to be formally resolved.

Much of the world has yet to take note of the remarkable continuing performance of Kim Hughes, center for the New York Nets. the latest NBA stats show Hughes 7 for 43 from the freethrow line. Think of it, an alleged pro missing six of every seven foul shots. Even Wilt chamberlain's worst season percentage was 38.

The NBA's good doctor, Julius Erving, also soars above the crowd now and then in the one-liner competition. In response to a question about why he dunked the ball in a particular situation, Erving said: "Well, it's a high-percentage shot."STThe immediate reaction to NBC's apparently winning the television rights to the Moscow Olympics is that it will lead to an enormous financial transfusion for American amateur atheletics.

Unless ABC or CBS decide suddenly to ignore sports they have helped underwrite over the years, the bidding with NBC for various track, gymnastic, boxing, swimming and other events ought to net a tidy sum for assorted governing bodies.

ABC tried to build its coverage to an Olympian peak at Montreal by creating 'stars' such as Bruce Jenner and Ray Leonard through coverage of regular pre-Olympic events. Presumably, NBC will follow the same pattern.And who in the NBC stable could assume the Jim McKay role?

The athletic letters that may well intrigue Maryland's basketball team later are NIT. Unless they alter their present course during the ACC tournament, the National Invitation Tournament would be a helpful experience for the Terrapins. Also, it must be terribly frustrating for the ol' leftfooter to realize that this would be Moses Malone's junior year at Maryland.