Court was about leverage; it now swings in owners favor but many owners are nervous & want a deal done. Players now have to get a deal doneless than a minute ago via TweetDeck 
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Chris Mortensen
mortreport
The news broke about a half hour ago and was, at first, bleak. The 8th Circuit Court has ruled in favor of a stay. This means that the courts sided with the owners and the lockout is in full swing. As a football fan, I was initially quite concerned with this news.
However, in the past few minutes, ESPN's Sal Paolantonio reports that the the two sides are "making progress between both sides" and the Chief Magistrate Judge has asked that the NFL owners to submit a new proposal tonight. They are working well beyond their normal quitting time of 5 pm EST because they are "optimistic" that they can work something out soon.
Mike Brown of the Bengals, John Mara of the Giants, Jerry Richardson of the Panthers, and Dan Rooney of the Steelers are among those still working tonight to arrange a new proposal. Carl Eller said "this is a very good sign. We could have a breakthrough".
There are 3 to 4 more hours of mediation planned for tonight and both sides are also scheduled to meet tomorrow morning at 9 am EST, as well.
Can't overstate how big a deal this stay and the opinion is. It reverses the momentum the players have had since mar 1 media fees decisionless than a minute ago via Twitter for Android Favorite Retweet Reply
daniel kaplan
dkaplanSBJ
The stay that was granted today by the 8th Circuit Court means that the NFL is allowed to lockout the players until the June 3rd hearing of the expedited appeal of Judge Nelson's decision, which is in favor of the players.
Of course, this news gives the NFLPA the opportunity to play the good guy, attempting to "save the 2011 NFL season" for the fans. We'll see how that plays out.
NFLPA statement: "The NFL’s request for a stay of the lockout that was granted today means no football ..."less than a minute ago via web Favorite Retweet Reply
Bob Glauber
BobGlauber
NFLPA statement concludes: "The players are in mediation and are working to try to save the 2011 season."less than a minute ago via web Favorite Retweet ReplyBob Glauber
BobGlauber