For dwalsh, here it is in writing: NFL | Owners approve new labor deal Wed, 8 Mar 2006 17:41:25 -0800 ESPNews reports NFL owners have approved the NFLPA's offer for a new collective bargaining agreement. The extension will last six years and take the league through the 2012 season. It is unknown what the salary cap will be for the 2006 season, but it will be higher than the previously reported $94.5 million.