Jump to content

NFL Owners looking to divert rookie money in contract talks


faba

Recommended Posts

NFL's rookie pitch: divert 300M from 1st rounders

By BARRY WILNER, AP

3 hours ago

Loading... Share No Thanks Must Read?Thank YouYes 2

NFL Commissioner Roger Goodell leaves after the NFL football owners meetings...

Share |

Email Story Discuss Print

NEW YORK (AP) — The NFL's proposal to the players for a rookie compensation system would divert about $300 million a year from first-round draft picks' contracts to veterans and player benefits.

According to documents obtained by The Associated Press, the league's offer would free more than $1.2 billion by 2016 and slow the growth rate of guaranteed payments to first-rounders, which the documents show increased by 233 percent since 2000. All contracts for first-round picks would become fixed at five years.

Such quarterback busts as JaMarcus Russell ($32 million), Matt Leinart ($12.9 million), David Carr ($15 million) and Joey Harrington ($13.9 million) received huge guaranteed payments that totaled $367 million in the last 10 drafts.

Of course, Eli Manning ($24 million), Philip Rivers ($17.9 million) and Matt Ryan ($34.7 million) have not done too badly for their teams.

Guaranteed money paid to top 10 selections since 2000 reached nearly $2 billion. Guaranteed payments for all first-rounders were at $3.5 billion.

During talks for a new collective bargaining agreement, the league also proposed eliminating holdouts by reducing the maximum allowable salary if a rookie isn't signed when training camp begins. The NFL also suggested eliminating holdouts for all veterans by prohibiting renegotiations of contracts if a player holds out in the preseason.

The compensation system would not include a rookie wage scale and would allow for individual contract negotiations. Contracts would have a fixed length of four years for players chosen in the second through seventh rounds and would not affect salaries for those rounds, the league said.

A modified salary system for rookies was a negotiating point for a new CBA until talks broke off March 11 and the NFL Players Association dissolved as a union. The owners locked out the players hours later.

The two sides are scheduled for court-mandated mediation in Minneapolis beginning Thursday.

Link to comment
Share on other sites

During talks for a new collective bargaining agreement, the league also proposed eliminating holdouts by reducing the maximum allowable salary if a rookie isn't signed when training camp begins. The NFL also suggested eliminating holdouts for all veterans by prohibiting renegotiations of contracts if a player holds out in the preseason.

lol, good luck with that. this is most likely a throw away they will give back to the players to make it seem like the owners are conceding something. no owner can honestly excpect this will stick

Link to comment
Share on other sites

I don't care about players' bank balances or the owners' bank balances. I like this because it will help bad teams a lot. Their high picks will become more valuable should they choose to trade down. Plus drafting a bust, while it will always be bad, won't destroy a team's salary cap and the ability to fix the error through free agency. Teams like San Fran in 2005 won't be "stuck" with the #1 pick because no one wanted to cough up the "chart" compensation for the #1 slot. Like they weren't in bad enough shape before Alex Smith got $24M guaranteed when the salary cap was $85M. Brutal.

Link to comment
Share on other sites

In return for less lucrative and longer rookie contracts, the players would likely demand a greater portion of the rookie contracts (maybe ALL of it) be guaranteed $$$, which, obviously, the owners would not accept.

And, the veteran salary business is a non-starter for the players.

Link to comment
Share on other sites

I don't care about players' bank balances or the owners' bank balances. I like this because it will help bad teams a lot. Their high picks will become more valuable should they choose to trade down. Plus drafting a bust, while it will always be bad, won't destroy a team's salary cap and the ability to fix the error through free agency. Teams like San Fran in 2005 won't be "stuck" with the #1 pick because no one wanted to cough up the "chart" compensation for the #1 slot. Like they weren't in bad enough shape before Alex Smith got $24M guaranteed when the salary cap was $85M. Brutal.

excellent point
Link to comment
Share on other sites

In return for less lucrative and longer rookie contracts, the players would likely demand a greater portion of the rookie contracts (maybe ALL of it) be guaranteed $$$, which, obviously, the owners would not accept.

And, the veteran salary business is a non-starter for the players.

That is a real good idea.

Link to comment
Share on other sites

Archived

This topic is now archived and is closed to further replies.

×
×
  • Create New...