NFL rookie wage scale?; Coyotes sale difficulties
March 10, 2011
Rookie salary cap out - rookie wage scale in
It has been reported by Yahoo! Sports that the NFL and NFLPA have reached agreements on some aspects of the CBA, but the bigger issues remain to be worked out. One of the issues that will receive much scrutiny is pay for rookies. It appears that the old system of a rookie salary cap is out. The rookie salary cap allowed a percentage of the total team salary to be allocated to draft choices and rookie free-agents. The first round pick received the biggest piece of the pie, the second rounder the next highest percentage and so on down to the undrafted free agents.
Now, it appears that the old system will be replaced with a rookie wage scale. It has been reported that there will be limits on signing bonuses and the amount of guaranteed money available to rookies. First rounders will be limited to four year deals, and players selected after the first round will only be able to sign three year deals. At first blush, it appears that the NFL will be happy with this, and the NFLPA will be pleased because of the relatively short duration of the contracts. However, we can almost bet that the people unhappy with this will be agents, who will view this as a cap on signing bonuses. Additionally, the question that needs to be asked is how will this lessen the role of agents in the rookie negotiation process. Will agents fees be reduced from 3% to a smaller percentage? Stay tuned in the days ahead to hear more reaction.
NHL's Bettman not happy with Goldwater Institute
NHL commissioner Gary Bettman is not pleased with the conservative Goldwater Institute. The Goldwater Institute has been making the sale of the Phoenix Coyotes extremely difficult according to Bettman, the City of Glendale, and prospective Coyotes buyer Matthew Hulsizer. It seems the Goldwater Institute is questioning the constitutionality of the sale. However, according to Bettman, the Goldwater Institute is refusing to meet with the parties involved in the sale.
Rookie salary cap out - rookie wage scale in
It has been reported by Yahoo! Sports that the NFL and NFLPA have reached agreements on some aspects of the CBA, but the bigger issues remain to be worked out. One of the issues that will receive much scrutiny is pay for rookies. It appears that the old system of a rookie salary cap is out. The rookie salary cap allowed a percentage of the total team salary to be allocated to draft choices and rookie free-agents. The first round pick received the biggest piece of the pie, the second rounder the next highest percentage and so on down to the undrafted free agents.
Now, it appears that the old system will be replaced with a rookie wage scale. It has been reported that there will be limits on signing bonuses and the amount of guaranteed money available to rookies. First rounders will be limited to four year deals, and players selected after the first round will only be able to sign three year deals. At first blush, it appears that the NFL will be happy with this, and the NFLPA will be pleased because of the relatively short duration of the contracts. However, we can almost bet that the people unhappy with this will be agents, who will view this as a cap on signing bonuses. Additionally, the question that needs to be asked is how will this lessen the role of agents in the rookie negotiation process. Will agents fees be reduced from 3% to a smaller percentage? Stay tuned in the days ahead to hear more reaction.
NHL's Bettman not happy with Goldwater Institute
NHL commissioner Gary Bettman is not pleased with the conservative Goldwater Institute. The Goldwater Institute has been making the sale of the Phoenix Coyotes extremely difficult according to Bettman, the City of Glendale, and prospective Coyotes buyer Matthew Hulsizer. It seems the Goldwater Institute is questioning the constitutionality of the sale. However, according to Bettman, the Goldwater Institute is refusing to meet with the parties involved in the sale.
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