What you need to know about football fumble equipment

NFL officials and the NFLPA have agreed on a settlement that would allow the league to sell equipment from its inventory, which is expected to be $1.5 billion to $2 billion, to third-party manufacturers.

The league also will offer the equipment in “in-house” stores, with the proceeds going to teams.

The league will not be selling any of the equipment directly to fans, and the players’ representatives will not receive any money for any portion of the merchandise they sell.

The agreement was reached Friday in a conference call between the league and the union.

It covers equipment worn by NFL players, coaches, officials, the officials’ wives, family members, agents and other personnel, as well as their personal property, including clothing, footwear, cameras, watches and other items.

The settlement does not include any money to pay players for any injuries sustained during games or practices.

The deal will take effect Jan. 1, 2018, the day before the league’s Jan. 7 draft.

NFL officials said the settlement was a “significant step forward” toward keeping the game fair and competitive.

The players’ association has said it will not accept any financial or other payments from the league in exchange for its cooperation in this settlement.

The NFL has long sought to keep the game free of injuries to its players, but some in the league feared the league would lose its right to negotiate for better terms in the next Collective Bargaining Agreement.

The union and the league agreed to a new CBA in November that would give players the option of playing in the same game for a longer period, for a smaller share of revenue, for lower wages and benefits and for a reduced share of the total television revenues.

The $1 billion figure includes $1,300 for each game, the league said in a statement.

The money will go to help players, not teams, the union said in its statement.

The agreement would not require the NFL to sell any of its inventory to third parties, it said.NFL commissioner Roger Goodell said the agreement would give the league a “clean slate” to make sure its players are well cared for and receive equal pay.