from USAToday.com...

After a one-day truce, the NFL and the NFL Players' Association agreed to extend the current collective bargaining agreement for one week and continue labor negotiations before a federal mediator

If there isn't a third extension or a new CBA isn't negotiated by March 11, the NFL could lock out the players. The union, though, has the option to decertify as collective bargaining agent for the players and take the dispute into federal court.

According to NFL.com, the union was prepared to begin and finish the decertification process Friday if the league didn't agree to a 10-day extension of talks with FMCS. The two sides appear to have compromised on a seven-day extension.

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