While there are legitimate reasons for the NFL Players Association (NFLPA) to reject the NFL’s proposed collective bargaining agreement (CBA) in pursuit of a better deal, a no vote would severely dampen this offseason’s free agency spending, according to a report by Mike Florio of ProFootball Talk.
Sources tell Florio that the NFLPA estimates rejecting the deal would stunt offseason spending roughly $600MM-$700MM. Since an affirmative vote on the CBA would result in an increase in the player’s portion of revenues, thus causing a relatively large spike in the salary cap over the coming years. While it would not have any immediate effects, teams would be more willing to spend now with the knowledge they would get cap relief soon.
It is worth noting, however, that the union itself seems invested in the deal’s approval since NFLPA president DeMaurice Smith has come out in favor of the deal. Thus, the NFLPA may be releasing news and notes in an attempt to sway undecided players before they vote on March 12th.