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By the time the '07 season rolls around, the NFL will have a new TV contract and a new CBA with the players.
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The current CBA runs through '07. Under the current agreement, '07 will be an uncapped year but I can't imagine that happening unless the players union decides to get stupid. I think it's likely we see a new extension by '06 but I can also see future seeds of revolt being sown by some agents and various comments by players. I hope they don't screw it up because for now it's the best system in pro sports.