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The NFL extended the deadline for teams to terminate contracts and request waivers on players six hours, from 4 p.m. Thursday to 10 p.m.
The NFL said in a statement Wednesday that the management council executive committee unanimously rejected the union's latest proposal "as a basis for further negotiations."
"Without an agreement with the union on an extension, the league year will begin as scheduled at midnight Thursday under the current terms of the CBA," the statement said.
Three days of talks between the league and the NFL Players Association to extend the agreement that runs out in 2008 ended Tuesday with the sides far apart on the percentage of league revenues earmarked for its players...
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