So do I have this correctly (I think I do): The NFL will appeal the decision and another judge will rule on the appeal in 45 to 60 days. If that judge also rules in favor of the players, the lockout is essentially over and the NFL will then continue as business as usual under the old agreement until a new agreement is reached. Is that about right?
Now, I don't think it's set in stone that we'll have to wait 45 to 60 days before having football. Losing this decision was a major blow to the Owner's bargaining power to say the least. The owners may now be a little more interested in making some concessions to the players while they wait out the appeals process because if the appeal is denied the owners will have lost almost all of their leverage.