After nearly five months, the NFL lockout appears to be over. The NFLPA player representatives voted and approved the new collective bargaining agreement Monday.

ProFootballTalk.com has a breakdown of the new CBA. Here is a summary of some of the important points.

The new CBA will last for 10 years. The players’ salaries must average at least 47 percent of the NFL’s revenue during the length of the agreement.

The deal also includes a new rookie wage scale that should prevent most rookie holdouts and dramatically lower guaranteed money for high first-round picks.

The new salary cap is set at $120.375 million for 2011, but it will rise in the future as revenue increases. There will be no 18-game season, at least not for the next few years. Owners can try to negotiate on this issue again in 2013.

The salary floor will be increased. Teams must spend 99 percent of the salary cap in 2011-2012. After that it will drop to 95 percent.

Padded practices will decrease. Two-a-days (both padded) during training camp are banned. Teams can do one padded and one non-padded practice in the same day.

Offseason Organized Team Activities (OTAs) have gone from 14 days to 10.