Highlights of the NFL labor deal

NFLPA President Kevin Mawae speaks during a news conference at the NFL Players Association in Washington. (July 25, 2011) Credit: AP
Highlights of the NFL's labor deal, which the players approved Monday:
ECONOMICS
- 10-year deal through 2020, with no opt-out clause.
- Players' share of league revenue must average at least 47 percent throughout the deal.
- Each team's salary cap is $120 million for 2011 and will go up each year.
PLAYER DEALS
- Veterans can gain unrestricted free agency after four seasons, restricted free agency after three seasons.
- Drafted rookies sign four-year deals; teams have option to extend contract to a fifth-year for first-round picks.
- Undrafted rookies sign three-year deals.
- New rookie pay system with cap on spending by teams.
HEALTH AND SAFETY
- Reduce offseason programs by five weeks.
- Reduce organized team activities (OTAs) from 14 to 10.
- Limit on full-contact practices during the preseason and regular season.
- Players receive more days off.
RETIRED PLAYERS
- During the length of the deal, added funding for retiree benefits from $990 million to $1 billion.
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