WASHINGTON -- The NFL Players Association announced Friday that it has renounced its status as the collective bargaining representative of the players after failing to reach a new labor deal with the league.
The NFLPA said it will become a professional trade association that supports the interests and rights of current and former players.
NFLPA executive director DeMaurice Smith said at 4:45 p.m. ET -- 15 minutes before the deadline for the union to decertify -- that "significant differences" remained after the league's latest proposal.
Smith said the league must agree by 5 p.m. ET to provide 10 years of audited financial documents for the union to agree to a third extension of the CBA deadline.
The union had until that time to decertify. It said it has faxed the necessary paperwork to U.S. District Judge David Doty in Minnesota.
The NFL can impose a lockout of players, if it chooses, after 11:59 p.m. ET, when the CBA officially expires.
Before Friday's meeting, Smith told WJFK-AM that the union was looking for "the exchange of information so we can make a fair deal."
Under the about-to-expire CBA, owners receive an immediate $1 billion to go toward operating expenses before splitting remaining revenues with players. Owners initially tried to add another $1 billion to that, and while they have lowered the up-front figure they want -- at least down to an additional $800 million, according to the union -- Smith has said it's still too much.
The NFL, meanwhile, said the union was offered unprecedented financial data, including some the league doesn't share with its teams.
The CBA originally was supposed to expire last week. The sides agreed to push that deadline to Friday.
The NFL hasn't lost games to a work stoppage since 1987, when a strike shortened the season and some games included nonunion replacement players. The foundation of the current CBA was reached in 1993 by then-Commissioner Paul Tagliabue and union chief Gene Upshaw. It has been extended five times as annual revenues soared above $9 billion, the league expanded to 32 teams and new stadiums were built.
The 2006 contract extension was the final major act for Tagliabue, who then retired, succeeded by Roger Goodell. An opt-out clause for each side was included in that deal, and the owners exercised it in May 2008 -- three months before Upshaw died. Smith replaced Upshaw as union leader in March 2009.
Two months later, Smith wrote Goodell a letter, asking for detailed financial statements from each of the 32 teams and the league as a whole. The NFL offered to turn over other economic data this week, and the NFLPA rejected that proposal, calling the information "utterly meaningless."
NFL.com news: Union decertifies after failing to reach labor deal with league