Players and League Agree to 24 Hour Extension

EAST RUTHERFORD, NJ - MARCH 03: An empty parking lot is seen at New Meadowlands Stadium, home of the NFL's New York Jets and New York Giants, March 3, 2011 in East Rutherford, New Jersey. Last minute negotiations between the NFL owners and its players union are being held as the two sides face a midnight deadline to avoid a possible lockout next season. (Photo by Mario Tama/Getty Images)

We were supposed to be a few hours away from a lockout, but the league and its players have agreed to a 24 hour negotiation extension.

The 24-hour extension could be a step toward a longer extension, but it doesn't necessarily mean it will lead to a longer extension, sources told ESPN NFL Insider Adam Schefter and ESPN senior NFL analyst Chris Mortensen.

The extra time, according to sources, gives the union a chance to review the league's latest proposal and for both sides to decide on the next step -- be that another extension, more negotiations, a lockout or decertification.

We will have to see what happens. One would have to imagine the sides are at least making some progress. If things were hopeless, these talks would have broken off.

Aside from hot stove stuff, there is not much drama right now. I do not think fans will really care until they start missing games. It does not even really matter if trades and free agent signings are off the table. That only comes into play if it does not take place long before the Draft, which might force teams to change their strategies.

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