The news isn't bad, and it isn't great, but it sure is a tad encouraging. At around 5 p.m. EST, the NFL owners and players decided to extend the midnight deadline for the expiration of their current collective bargaining agreement another 24 hours. So while the two sides have met most of the day, they have already planned to meet again tomorrow to try and hash out a deal in the 11th hour.
http://www.bigblueview.com/2011/3/3/2028565/cba-deadline-extended-24-hours