Sources: Agreement reached on rookie wage scale
While the NFL Players Association and owners remain far apart on the most critical issue – how to split approximately $9 billion in revenues – the two sides have reached agreements on a couple of smaller issues.
According to two sources familiar with the negotiations, the league and the union have reached a basic compromise on a rookie wage scale that will replace the current rookie salary cap. The owners backed off the idea of requiring first-round picks to sign five-year deals, instead limiting the contracts to four years before a player could become a free agent. The agreement is also expected to include a stipulation limiting the amount of guaranteed money and signing bonus offered to draft picks.
In addition, the league agreed that all players drafted after the first round would be limited to three-year deals, but teams would be allowed to put restricted free agent tags after the three years. That’s essentially similar to the current process where players can be tagged as restricted free agents after a three-year deal, although the existing rule allows players drafted after the first round to sign four-year pacts.
The key change is for the players in the first round..........
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Originally Posted by Dwinsgames
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