A new labor deal

Highlights of the 10-year collective bargaining agreement ratified by NFL owners:

Revenue Split: Players receive 47 to 48 percent of revenues,
less than the roughly 50-50 split in the previous deal.

Rookie Pay: Sets new limits on the amount of guaranteed money
in rookies’ contracts and establishes uniform contract lengths. First-round
draft picks are to sign four-year contracts with fifth-season options; rookies drafted
in the second to seventh rounds are to sign four-year contracts.

Safety Rules:The number of weeks of offseason workouts is reduced from 14 to 10. The number of allowable organized team activities is cut from 12 to nine. The number of full-contact practices in training camp and the regular season are reduced. And there will be be no more two-a-days (days with two full-contact practices) during training camp.

Retired Player Benefits: Increases benefits by establishing a “legacy fund”
of $620 million over the 10-year duration of the deal for retired players.

Length of Season: A proposed 18-game season, opposed by the players, won’t go
into effect immediately and never will be implemented without the players’ approval.

Salary Cap: Set at $120.4 million per team, not counting $22 million in benefits per team. That’s down from $123 million per team the last year there was a cap in 2009, although each team may borrow $3 million salary cap space this year from a future season. Each team must spend at least 89 percent of the salary cap beginning in 2013.