Posts Tagged ‘ NFL Free Agency ’

NFL CBA Series: Credited vs. Accrued Seasons

English: Mike Vick with Philadelphia

English: Mike Vick with Philadelphia (Photo credit: Wikipedia)

In the NFL, experience is worth more than its impact on the field. It can affect a player’s pocketbook, as well as his benefits when he leaves the game.

The NFL determines the experience of its veterans through two different processes: Credited Seasons and Accrued Seasons. Though the two involve similar parameters to meet the experience requirements, they are used for different purposes. Continue reading →

2013
05/29
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NFL CBA Series: Deferred Compensation

Mario Williams as a member of the Texans.

Mario Williams as a member of the Texans.

Deferred salary is compensation earned at a certain time or in a prior League Year that is to be paid at a later time. This money counts towards the cap in the year it is secured. The money will be charged at present value as calculated by the Discount Rate provided by the Wall Street Journal or the Federal Reserve (CBA, 1).

Deferred salary is exactly what it sounds like: players receive money for services already rendered for previous seasons. A team and player can agree to defer any type of compensation. Continue reading →

2013
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NFL CBA Series: Minimum Salaries

Alfred Morris' home-run swing.

Alfred Morris’ home-run swing. (Photo Credit: Photobucket.com)

Though this article of the CBA is titled “Salaries,” its focus is on the minimum salaries a player with a particular amount of Credited Seasons is entitled to.

While the Joe Flacco’s and Aaron Rodgers’ of the League set the ceiling (at least temporarily), this Article sets the salary floor. The average employee may look at these yearly salaries as if these players are set for the rest of their lives, forgetting that the average NFL career is only three years long. Continue reading →

2013
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NFL CBA Series: Split Contract

English: Ryan Grant takes a handoff from Aaron...

English: Ryan Grant takes a handoff from Aaron Rodgers (Photo credit: Wikipedia)

 

 

When a player is not on a team’s Active or Inactive List, the team can reduce that player’s salary due to his services being unavailable (i.e. on a team’s Injured Reserve list). Many young players, typically late-round draft picks, will sign what are referred to as Split Contracts to reduce the financial burden to teams when a player isn’t able to take the field.

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2013
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NFL CBA Series: Transition Tag

The Transition Tender is very similar to the Franchise Tender. In any given year, a team can use either the Transition Tag or Franchise Tag on one upcoming free agent. The Transition Tag is also available to all teams in the final League Year of the current CBA. The period of designation is the same as that for the Franchise Tender. (Art. 10, Sec. 3, (a), 47). Continue reading →

2013
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NFL CBA Series: Franchise Tag

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Peyton Manning. Haloti Ngata. Drew Brees. Ray Rice. Dashon Goldson. Michael Vick. DeSean Jackson. Vincent Jackson. Logan Mankins.

These are some of the names teams have utilized the Franchise Tender on since the new CBA has been in effect. As one can tell, teams apply the tender to players that are, well, franchise players. If a team has failed to reach a contract extension with one of its upcoming free agents (typically UFAs though CBA allows RFAs to receive the tender as well) as a Franchise Player. Continue reading →

2013
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NFL CBA Series: Unrestricted Free Agents

Mike_Wallace

An Unrestricted Free Agent (UFA) is a player who has more than four Accrued Seasons and whose contract has expired. UFA’s are free to sign contracts with any team, and any team can sign such player without penalty or restriction (Art. 9, Sec. 1 (a), 35).

When news breaks early in the League Year about players signing big-money free agent deals, that player was an UFA. Reputable UFAs can’t wait to hit free agency, especially those who have just played out there rookie contracts, because, under the new CBA, this is their first opportunity to earn premium wages in the NFL. Continue reading →

2013
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NFL CBA Series: Restricted Free Agent

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A Restricted Free Agent (RFA) has only three Accrued Seasons at the expiration of his Player Contract. RFAs are free to sign with any team, but RFAs prior teams has options that can restrict his movement.

There are various tenders (“Qualifying Offers” in the CBA) that a team can offer a player. Each come with different rights. In order for a club to retain the rights of such tenders, they must place tender on player on or before the first day of the RFA Signing Period (Art. 9, Sec. 2, (b), 36). Continue reading →

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NFL CBA Series: Exclusive Rights Free Agents

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An Exclusive Rights Free Agent (ERFA) is a player who is no longer under contract with a club but has less than three Accrued Seasons.

If the player’s former team offers him a one-year contract for the minimum Active/Inactive Salary (subject to player’s Accrued Seasons), the player can only sign a contract with that team. The offer becomes a take-it-or-leave-it kind of deal: the ERFA can either play for the minimum tender or they can choose not to play at all. Continue reading →

2013
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