The NFLPA rejected the NFL's latest offer for a new CBA.
"The union rejected a proposal that would have increased player compensation to unprecedented levels," said NFL VP Harold Henderson. "Our offer would have added a minimum of $1.5 billion in new dollars for players over the six years of the extension. It is an unfortunate situation for the players, the fans, and the league."
In addition, Henderson noted that the NFL's offer would have increased player compensation in 2006 by $577 million over 2005 and that there was no discussion of revenue sharing with the union during today's negotiations, which were broken off by the union.