Posts Tagged ‘ Continental Basketball Association ’

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

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

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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NFL CBA Series: Rookie Contracts

Robert Griffin III, Andrew Luck, and Russell Wilson all made cases for NFL Rookie of the Year in 2012. Griffin III won the award.

Robert Griffin III, Andrew Luck, and Russell Wilson all made cases for NFL Rookie of the Year in 2012. Griffin III won the award.

In the past, there were all sorts of negotiating going on the end of the Draft and the start (sometimes deep into). Although there is still much to bargain over, the new CBA installed something similar to the Rookie Wage Scale in the NBA. Each of the up to 256 draft slots are given an allotment of the Total Rookie Compensation Pool.

The Player Contract for every drafted rookie is set at four years. All undrafted players will be signed to three-year terms (Art. 7 Sec 3, (a), 24). Continue reading

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