Let's assume that when the current NFL collective bargaining agreement expires in 2020 the owners lock out the players. The main hang up between the two sides is the players search for 45% of the $15B in football revenues, while the owners want the players to take just 41%. Ultimately the two sides agree on a 43% share for the players on a 7 year CBA, but not before 4 games are lost, resulting in a 12-game NFL season in 2020. Assuming a 5% rate of return for the players and 2% growth in revenues, is this holdout worthwhile for the players? What is the total gain/loss?