7/3/2023 0 Comments Nfl roger goodell salary![]() ![]() Without offset language, a player could essentially get two salaries for whatever seasons would be left on his rookie deal. Many teams, though, try to insert offset language into the contracts, which means that if a player is cut, say, in the fourth year of his deal and then signs with another team, it does not owe him the full salary.Įssentially, offset language means a player can’t “double dip” by getting all of his salary from the team that cut him as well as money from a new team signing him. Offset language involves guaranteed salary for which a team could be on the hook if a player is cut before his rookie deal runs out.įirst-round picks have all four years of their base salaries guaranteed. While the years and overall dollar values are not negotiable, some things are, which is why not all rookies sign immediately.Īmong negotiable items are how many years of base salary are guaranteed, the schedule of payments for signing bonuses and offset language. That change, which began with a CBA enacted in 2011, essentially eliminated holdouts by draft picks and made it almost non-news when a player signs. Via the terms of the league’s collective bargaining agreement, all drafted players get four-year deals worth an amount based on where they were selected, descending in value with each pick. He signed a four-year deal worth up to $14.4 million on May 11, the same day Lockett’s restructure was reported. Seattle has signed its other first-round pick, receiver Jaxon Smith-Njigba, taken 20th overall. Once signed, Witherspoon’s contract is projected for a $5.7 million cap hit, which accounts for much of ’s estimate of Seattle’s negative effective cap space number. Until signed, their full contracts do not count against the salary cap (they instead count for a standard $750,000). That’s because the Seahawks have yet to sign three of their first four draft picks: first-round cornerback Devon Witherspoon, taken fifth overall, as well as second-round picks defensive end Derick Hall and running back Zach Charbonnet. Those signings bring Seattle’s total salary cap space down to just over $7.9 million, according to .īut according to OTC, the Seahawks are still in the red when it comes to effective cap space – a calculation of how much space the team really has – at minus-$984,175. Seattle has made just two roster moves of any real significance since then, re-signing veteran cornerback Artie Burns and signing free agent defensive end Mario Edwards Jr.Īs was revealed Wednesday, each was acquired about as cheaply as possible.īurns signed a one-year deal for the veteran minimum worth up to $1.08 million but with a cap charge of $940,000, while Edwards signed a veteran salary benefit deal in which he gets $1.17 million with a signing bonus of $152,500 but counts $1.09 million against the cap. The idea that the move was done mostly to create room Seattle needed for draft picks and other less-expensive signings appears to be coming to fruition. Lockett’s restructure – in which his 2023 base salary of $8.53 million was turned into a bonus, allowing it to be spread out over the final three years of his deal for salary cap purposes – cleared almost $5.7 million in cap space for this year. SEATTLE – When the Seahawks restructured the contract of receiver Tyler Lockett in early May, they might have also raised the expectation that a big move was on the horizon. ![]()
0 Comments
Leave a Reply. |