"U.S. District Judge Susan Richard Nelson wrote that the NFL "has not met its burden for a stay pending appeal, expedited or otherwise." She dismissed the NFL's argument that it is facing irreparable harm because of her decision Monday to end the 45-day lockout."
The NFL will still appeal to the 8th Circuit, but as DisplacedTexan mentioned, Judge Nelson's opinion appears to be well written. The 8th Circuit is likely to be more friendly to the NFL, however. With the draft tomorrow, this one still isn't decided.