joining us now to talk about what's at stake, william gould, professor of law at stanford university and the former chairman of the national labor relations board. dr. gould, welcome to nightly business report. >> thank you, good to be with you. >> susie: now you have been through these kinds of labor negotiations before. when there is a last minute extension like what we heard today does this mean that there is going to be a contract settlement within the next 24 hours? what usually happens? >> well, it's not necessarily so. it means that either the differences between the parties are narrowing or that there is a prospect of narrowing differences and they probably have a good deal of confidence in the mediator, george cohen who is using his best efforts and resources to get those differenceses narrowed further. >> now the difference approximates in this case boil down to money. isn't it always the case with these labor negotiations. and let's take a look at some of the dollars and centses that are at stake. the nfl had $9 billion in revenues last year. the sticking point here is how