NFL players can draw from lockout fund next month
Each NFL player who contributed to a lockout fund will be able
to begin collecting up to a total of about $60,000.
After setting aside union dues and royalties during recent
seasons, eligible players may start drawing from the fund April
NFL Players Association head DeMaurice Smith said on March 18
that money was available to help players while they are not
receiving paychecks during the lockout, which owners imposed after
the collective bargaining agreement expired. Smith would not
The NFLPA sent players an email – a copy of which was obtained
by The Associated Press – to let them know its board of player
directors ”approved the payout from the Lockout Fund to begin on
April 15, in six installments or until the lockout ends.”
Players were instructed to fill out a direct deposit enrollment
form attached to the email.
NFL.com first reported Tuesday about the NFLPA email.
Negotiations for a new CBA broke off March 11. The union
announced that day it was dissolving itself and no longer
represented the players. That allowed players to file a
class-action antitrust lawsuit in federal court. Hours later, at
midnight, the owners locked out the players, creating the NFL’s
first work stoppage since 1987.
A hearing on players’ request for an injunction to lift the
lockout is scheduled for April 6 in St. Paul, Minn.
The main sticking point throughout contract talks was how to
divide the NFL’s more than $9 billion in annual revenues.