Affected 14.11- Players signed to contracts of 5 years or more will have yearly increases of $1.5 million per year. So a player with an initial contract of $500k signed to a five year contract will have salaries of $500k, $2 million, $3.5 million, $5 million and $6.5 million for the relevant years.
Proposed change: A team may choose to prorate the value of a contract over the life of the contract.... example: current 5.0 6.5 8.0 9.5 11.0 = 40.0mil; proposed 8.0 8.0 8.0 8.0 8.0 = 40.0 mil
A team can spread the impact of a higher salary out to avoid larger hits in future years and absorb more of the costs in current time; same overall money just an option of how it hits the salary cap....
I am open to seeing other people's thoughts, but think I am against this simply because that is not how NFL contracts work. NFL Salaries are higher in a later years of the contact unless there is a signing bonus and I don't even want to go down the path of having a KRFL signing bonus system.
I think it is more with opt-out clauses where they can avoid future payments; they can restructure bad contracts, in KRFL there is no restructuring and terminations are costly; this would save termination costs because more is paid up front in the contract....
I think it is more with opt-out clauses where they can avoid future payments; they can restructure bad contracts, in KRFL there is no restructuring and terminations are costly; this would save termination costs because more is paid up front in the contract....
And I suppose it is more like paying the player a signing bonus in the first year or two of the contract which smooths out the annual payments.
As long as it is for contracts of 5 years or more, I can handle the accounting work on the salary worksheet. However, support for this seems tepid at best. Is this something we want to put to a vote knowing it takes a 2/3's majority to pass it?
