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Breer: Economics Of NFL Deal Done

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Executive Director of the National Football League Players' Association (NFLPA) DeMaurice Smith leaves the Thomas F. Eagleton U.S. Federal Courthouse after the NFL lockout hearing on June 3, 2011 in St. Louis, Missouri. NFL players and the league met in court today for a federal appeals hearing on the legality of the three-month-old lockout. (Photo by Dilip Vishwanat/Getty Images)

Executive Director of the National Football League Players’ Association (NFLPA) DeMaurice Smith leaves the Thomas F. Eagleton U.S. Federal Courthouse after the NFL lockout hearing on June 3, 2011 in St. Louis, Missouri. NFL players and the league met in court today for a federal appeals hearing on the legality of the three-month-old lockout. (Photo by Dilip Vishwanat/Getty Images)

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BOSTON (CBS) – NFL Network’s Albert Breer is reporting the economics to a new NFL collective bargaining agreement are essentially done, another step forward to ending the league’s lockout.

While more details remain, Breer does not see these “hoops” standing in the way of getting a deal done.

The two sides agreed on a rookie wage system during Thursday’s 15-hour negotiation session, one of the major points in reaching a new deal.

The two sides were back at the negotiating table on Friday.

Listen: Breer Talks Life After Lockout On Toucher & Rich

“The plan is for talks to continue to chip away at some of the remaining issues throughout the meeting Friday, then work via conference call over the weekend before owners and players reconvene for their scheduled mediation before U.S. Magistrate Judge Arthur Boylan in Minnesota on Tuesday, sources with knowledge of the situation told NFL Network insider Jason La Canfora,” Breer writes.

Listen: Gresh & Zo Talk Major Progress In NFL Labor Talks

Points that still need to be worked out include the Legacy Fund, which provides benefits for retired players, the appeals process for player discipline, and worker’s compensation and injury guarantees in contracts.

It appears the salary cap for the 2011 season will be around the $120 million mark.

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