Now, I don’t want to be all gloom-and-doom about this, because Smith also said that he is optimistic because the two sides are in discussions, but this is a major blow to all the puppy dogs and rainbows we have been hearing over the last few weeks. Several other insiders, including Mike Freeman, Pete Prisco, and Albert Breen just to name a few, aren’t convinced that things are worse than everyone thinks, but in my experience, Glazer is almost always spot-on with his reports. He is one of the most informed “insiders” in the business, so if he says something happened, I believe him. The real question is: Is Smith using this to gain leverage in negotiations?

With all of the stories out there about the two sides being close, there is a certain amount of pressure to get this thing done soon. If the players turn down the offer, they are the bad guys for keeping the season from getting started. I think Smith is using this “leaked” story to show the public that the owners are still trying to get one over on the players. We are really getting into crunch time now, so this is the last thing any of us wanted to hear, but I wouldn’t give up all hope just yet. Let’s just all pray that the next report is

Also, teams will be required to spend nearly all the way up to the salary cap under this proposed agreement. That means that small-market teams won’t be able to cheap out on payroll to save money. In the previous agreement, the total payroll floor was less than 90% of the cap, so this should force teams to spend their money, making the competitive balance even better in a league that is already in pretty good shape in that aspect. Several other issues, such as TV deals and the rookie wage scale are also featured in the deal, but those have yet to be ironed out.

So, overall this looks like a major step forward in discussions. Now that these details are out there, it will be tough for either side to hold off on these point due to public opinion. Neither side wants to be the “bad guy” in these negotiations, so I can’t imagine either holding up a deal. I have heard numerous insiders who believe that we could have agreement in principle in the next 7-10 days, and if that happens, it’s only a matter of time before a final deal is agreed upon. This isn’t to say that this thing is completely finished by any means, and we have seen this turn bad several times already. I will say that I think this is as close as we have been, and I’m confident that the 2011 NFL season will take place on time.