Notices

NFL Contracts

Reply

Old 06-12-2018, 07:49 PM
  #1  
Senior Member
Thread Starter
 
Join Date: Apr 2014
Location: Atlanta / Islamorada
Posts: 1,111
Default NFL Contracts

I'm a casual sports fan but I don't understand sports contracts.

The Falcons signed a $71M, 5 year contract with Julio Jones 2 years ago. At the time he signed the contract he was the highest paid receiver. Recently, a few other receivers signed contracts for more $$ and he is now 7th highest paid receiver in the league.

He signed a 5 year deal for security.

Now he doesn't want to show up at camp because he is unhappy he is not making as much as others.

Screw that guy. He should honor his contract. Plain and simple. I wonder what kind of clauses these guys have to get out of it. The team has to honor the contract but the player doesn't have to honor his end. Doesn't make sense to me.
ChannelTwo is offline  
Reply With Quote
Old 06-13-2018, 04:00 AM
  #2  
Admirals Club Admiral's Club Member
 
Join Date: Apr 2011
Posts: 1,476
Default

That is where NFL contracts are different, teams can release/cut players at any time and only owe what is guaranteed. If Julio's contract is front loaded, for example ($20M, 20, 20, 6, 5) and only $40M is guaranteed money, they could release him today and not have to pay him anything. I'm sure there would be some salary cap hit the team would have to eat but Julio would get no more $$. I have no idea what his contract is, just using this as an example.
tat2 is offline  
Reply With Quote
Old 06-13-2018, 08:17 AM
  #3  
Senior MemberCaptains Club Member
 
Join Date: Sep 2003
Location: Falmouth, MA
Posts: 3,575
Default

I never could wrap my head around the releasable aspect of NFL contracts.....how can one side "get out of the contract" and the other side can't? What is the point of having a contract to begin with if that is the case?

Mike
Parapapam is offline  
Reply With Quote
Old 06-14-2018, 11:40 AM
  #4  
Admirals Club Admiral's Club Member
 
Join Date: May 2006
Location: Suffolk, Va.
Posts: 16,626
Default

This is why Kirk Cousin set a new trend he has a 3 year contract that if fully guaranteed.
fishingfun is offline  
Reply With Quote
Old 06-14-2018, 12:04 PM
  #5  
Senior MemberCaptains Club MemberPLEDGER
 
Join Date: Apr 2001
Location: East Central Florida
Posts: 5,471
Default

NBA and MLB contracts are guaranteed. So if a team signs a player for 5 years and $150 million, then they are going to pay the player $150 million regardless of how the player performs or gets injured.

99% of of NFL contracts are not guaranteed for the length of the contract. NFL teams can cut/release players and not pay the remainder of the contract whenever they want so it tends to incentivize players to perform.

The real world of jobs seems more like the NFL model where you can get fired at any time. Except for those pesky union jobs.

I agree that NFL players who choose to sign longer contracts should honor them. If you want the ability to renegotiate more frequently, then sign a shorter 1-2 year contract.
Onewolf is offline  
Reply With Quote
Old 06-14-2018, 12:44 PM
  #6  
Senior MemberCaptains Club Member
 
Join Date: Sep 2003
Location: Falmouth, MA
Posts: 3,575
Default

The player has to stay with the team. But the team can fire him....

For cause my employer can fire me anytime. But I can also go get another job anytime I want. Non-competes are not very enforceable. So it is Quid Pro Quo. If I am unhappy with them or they with me we parts ways. If the player is unhappy with the team (like not getting enough playing time) then he is screwed.

Just doesn't seem fair.....

Mike
Parapapam is offline  
Reply With Quote
Old 06-14-2018, 01:37 PM
  #7  
Admirals ClubCaptains Club Member Admiral's Club Member
 
Join Date: Oct 2002
Location: anderson, sc
Posts: 18,049
Default

Originally Posted by ChannelTwo View Post
I'm a casual sports fan but I don't understand sports contracts.

The Falcons signed a $71M, 5 year contract with Julio Jones 2 years ago. At the time he signed the contract he was the highest paid receiver. Recently, a few other receivers signed contracts for more $$ and he is now 7th highest paid receiver in the league.

He signed a 5 year deal for security.

Now he doesn't want to show up at camp because he is unhappy he is not making as much as others.

Screw that guy. He should honor his contract. Plain and simple. I wonder what kind of clauses these guys have to get out of it. The team has to honor the contract but the player doesn't have to honor his end. Doesn't make sense to me.

I understand what you are saying however they have such a limited amount of time to make their money they get all they can .

The Owners have DEEP POCKETS and the NFL TV contact is HUGE

Hey get ALL YOU CAN and because it might end tomorrow.
tprice is offline  
Reply With Quote
Old 06-14-2018, 05:20 PM
  #8  
Senior MemberCaptains Club MemberPLEDGER
 
Join Date: Apr 2001
Location: East Central Florida
Posts: 5,471
Default

NFL players get paid 1/16 of their salary for each game they play. If I'm an owner with a player threatening to hold-out, fine, don't play and see how you like losing 1/16 of your salary for each game. If you start renegotiating contracts for some players then everyone is going to want to renegotiate.
Onewolf is offline  
Reply With Quote
Old 06-15-2018, 08:10 AM
  #9  
Admirals Club Admiral's Club Member
 
Join Date: May 2006
Location: Suffolk, Va.
Posts: 16,626
Default

Originally Posted by Onewolf View Post
NFL players get paid 1/16 of their salary for each game they play. If I'm an owner with a player threatening to hold-out, fine, don't play and see how you like losing 1/16 of your salary for each game. If you start renegotiating contracts for some players then everyone is going to want to renegotiate.
If they hold out they don't get paid but contracts are renegotiated all the time.
fishingfun is offline  
Reply With Quote
Old 06-17-2018, 10:27 AM
  #10  
Senior Member
 
Join Date: Feb 2012
Location: Miami Florida
Posts: 1,888
Default

Well I wish them well I was an unwavering fan of the NFL Dolphins but after all their BS last year I stopped watching & going to games. I dont know how many people will keep it up this year but i did not miss the the NFL last year and wont miss them this year
Eaglemsi1 is offline  
Reply With Quote

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are Off
Pingbacks are On
Refbacks are Off


Thread Tools
Search this Thread
 
  • Ask a Question
    Get answers from community experts
Question Title:
Description:
Your question will be posted in: