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Negotiations that could determine the future of America's most popular sport NFL owners.
And the players union are trying to come to an agreement on a new labor deal before the current one expires.
Only two days remain to get it done now hanging in the balance thousands of jobs.
Billions of dollars.
But also the possibility.
That legions of devoted fans could face life without football this year imagine that.
Fox Business network's Chris -- joins us now Chris is it really possible.
It is possible -- -- -- the deadline it's Thursday night at midnight so you don't have an agreement by then and both sides -- feed is feverishly negotiating right now John.
We -- agreement the owners lock the players out essentially.
And then they will be basically on strike -- players actually won a victory yesterday when he US district court judge said that the owners.
He -- the owners violated the bargaining the collective bargaining act that's in place right now.
By putting aside four billion dollars of TV money you see the -- view that is this so war chest.
If you will they go on strike they can still have a revenue stream of this TV money at the networks are already going to pay for the 2011 season they've already greeted at the judge said.
-- by doing so you aren't coming to the table in good faith you can't touch that money.
Will decide who touches that money at a hearing at a later date so the players now have a little bit of momentum moving into these last couple of days negotiation.
Yeah -- momentum.
You know nobody can imagine.
That we wouldn't have us an NFL season I guess it last happened what 1987.
The last time we had any work stoppage at all was 1987 and it really comes down to money it is a nine billion dollar pool.
On that the players and the owners share and right now the owners take a billion dollars of that off the table before they decide how to split the owners wanna take two million dollars off.
To deal with construction of stadiums and whatnot and then split the rest so -- squabbling as to how much money should be split here and there.
Moving from a sixteen game to an eighteen game season the players don't want that because of injuries long term health care their few other options are few other things that are on the table jobless.
Primarily about money and you talk about jobs by one estimate.
2500 jobs per city would be lost if -- season were lost.
About eleven million dollars.
In local revenue business revenue per city now per game and about ten million dollars in tax revenue per city per game 32 cities do the -- -- a lot of money.
Everything from the peanut vendors -- there are trainer -- everybody Chris Cotter.
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