Fox Sports 1:11 p.m.
ET Monday, March 13The owners of the NFL’s 16 franchises met Monday to discuss how to manage the NFL salary cap as the league’s revenue grows and players reach free agency.
The meetings were the first in a series of meetings to be held this season that will culminate with the league releasing its collective bargaining agreement.NFL Commissioner Roger Goodell will host the meetings in Las Vegas, the league announced.
The league’s players’ union is expected to make a similar statement.
Owners of the 16 franchises will be asked to discuss player compensation and salary cap rules.
The teams will also have a chance to discuss their collective bargaining agreements.
Owners will also be able to make adjustments to the league salary cap through a process called Rule 12.
Owners could also change the league minimum for a team’s draft pick.
A few weeks ago, NFL Commissioner Roger.
Goodell held a meeting in Las, Nev., with owners and players, which led to the owners agreeing to release the CBA and make changes to the salary cap.
But there was no agreement on how to use the new cap space.
NFL Commissioner Tom Brady has said the league needs to use a bigger pool of cap space to keep players happy.