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NFL Lockout 2011: NFLPA Wants 10 Years Of Financial Records

The head of the NFL Players Association, DeMaurice Smith, just spoke to the media on the NFL Network and said that 10 years of financial records would need to be turned over for an extension on the Collective Bargaining Agreement discussion to occur:

"We informed the owners that significant differences remained, that if there was going to be a request for an extension that we asked for 10 years of audited financial records to accompany any extension. We told them please let us know by 5 pm [ET] today. We're gonna head back to the office. I'm sure we'll have further comment later on."

The league has until 3:00 p.m. MT to turn over the documents or the union will likely decertify. It's quite the ultimatum.

If the players union dissolves, that would allow individual players to bring the NFL to court. And flowing from that, who knows what the lawyers for both sides will do?