ROSEMONT, Ill. -- League lawyer Bob Batterman is confident Tuesday's owners meeting will not stretch until Wednesday and a league source told ESPN's Sal Paolantonio that there will not be a vote on a new collective bargaining agreement.

"This is strictly informational. There is nothing to vote on," the source told ESPN.

Commissioner Roger Goodell will update the owners on the parameters of a new CBA and give them a chance to respond and offer input.

"We want the clubs to get a good feel of where this agreement is headed," the source told ESPN.

Representatives on the players' side need to be able to sell a deal that at the very least accounts for 48 percent of all revenue, sources told ESPN.com's John Clayton. The players had asked for 50 percent. In recent talks, players valued the owners' proposal at 44 percent but the next meeting could bridge the difference if the owners at this meeting give Goodell the go-ahead to advance the numbers.

Another round of negotiations is scheduled for Thursday or Friday of this week, the source said. The source would not reveal where those talks would take place.

This is the first meeting called by the league strictly for labor matters. The 32 team owners and representatives who are on hand were advised last week to prepare to stay an extra day, but Batterman said Tuesday he didn't think that would be necessary.

"I'm confident we're going to get out of here today," Batterman said.

In the last three weeks, groups led by Goodell and NFL Players Association executive director DeMaurice Smith have made enough progress toward a CBA that it sparked optimism training camps could open on time late next month.