NFL lockout: five reasons Super Bowl could be last pro football of 2011

Reality is about to hit football fans hard. Owners and players must agree to a new collective bargaining agreement by March 4, or the owners will lock out the players. Here are the five sticking points to be overcome to avoid the NFL's first lockout since 1987.

3. Rookie wage scale

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St. Louis Rams rookie quarterback Sam Bradford signed a contract that guarantees him $50 million.

Another potential way to tackle the revenue-sharing problem is to introduce a rookie wage scale. As Professor Cramer puts it: Having untested players "who don't even shave yet making tens of millions of dollars" isn't in the best interest of the league.

Under Mr. Smith, the NFLPA has stepped back its opposition on the rookie wage scale, opening the door to pay restraints similar to what the National Basketball Association has, where each pick in the draft order has a preset salary affixed to it.

For this concession, Smith wants rookie contracts to be a maximum of three years – allowing players quicker access to potentially bigger contracts through free agency. The league wants rookie contracts to be a minimum of five years.

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