UPDATE: Players vote to OK deal to end NFL lockout

The NFL Players Association executive board and 32 team reps have voted unanimously to approve the terms of a deal to the end the 4½-month lockout.

Owners overwhelmingly approved a proposal last week, but some unresolved issues still needed to be reviewed to satisfy players; the owners do not need to vote again.

The sides worked through the weekend and wrapped up the details Monday morning on a final pact that is for 10 years, without an opt-out clause, a person familiar with the deal told the AP.

Owners decided in 2008 to opt out of the league's old labor contract, which expired this March. That's when the owners locked out the players, creating the NFL's first work stoppage since 1987

"We have every reason to believe it's going to be a good day," NFL spokesman Greg Aiello wrote in an email to the AP early Monday.

NFL clubs should be able to start signing 2011 draft picks and rookie free agents on Tuesday. Conversations with veteran free agents also could start Tuesday, and signings could begin Friday.

Under that tentative schedule, training camps would open for 10 of the 32 teams on Wednesday, 10 teams on Thursday, another 10 teams on Friday, and the last two teams on Sunday.

The major economic framework for the deal was worked out more than a week ago.

That included how the more than $9 billion in annual league revenues will be divided (about 53 percent to owners and 47 percent to players over the next decade; the old CBA resulted in nearly a 50-50 split); a per-club cap of about $120 million for salary and bonuses in 2011 — and at least that in 2012 and 2013 — plus about $22 million for benefits; a salary system to rein in spending on first-round draft picks; and unrestricted free agency for most players after four seasons.

Should the players' executive committee vote to accept the deal, it then would go to the 32 team representatives to approve, perhaps later Monday. After that, the total membership would need to vote, with a simple majority required for passage.

The 10 named plaintiffs in the players' lawsuit against the league — including Tom Brady, Peyton Manning and Drew Brees — must officially inform the court in Minneapolis of their approval of the pact, too.

Even after that, while training camps would be opened, a true CBA can't be agreed upon until the NFLPA re-establishes itself as a union. Players will need to vote to do so even as the sides put the finishing touches on a deal; only after the NFLPA is again a union can it negotiate such items as the league's personal conduct policy and drug testing.