Lockout'11: A one-week extension

We live for another week.

ESPN's Adam Schefter is among those reporting a seven-day extension of the NFL's current collective bargaining agreement (CBA), delaying a long-anticipated lockout by at least another week. Owners and players have until next Friday -- March 11 -- to agree on the terms of a new CBA.

In practical terms, this extension means a quiet week for NFL teams, who will be prohibited from making roster moves of any sort. Conditioning programs will remain on hold, as would any organized team activities (OTAs) that might be planned. The sole focus of the league next week will be to hammer out a new deal.

Will it happen? I'll leave that up to ESPN sources with more intimate knowledge of the situation. I'll post their assessments as warranted.