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Report: In a lockout, $1B in losses?

Updated: October 14, 2010, 7:15 AM ET
Associated Press

CHICAGO -- The NFL could reportedly lose $1 billion if there is a lockout after the March 3 expiration of the collective bargaining agreement -- even if the entire 2011 season is played.

The Wall Street Journal reported the figure Wednesday, citing unidentified senior NFL officials familiar with information presented to the 32 team owners at the league's meeting in Chicago.

"People think we can have a knock-down drag-out fight and settle on March 1 and everything will be fine, and ...

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