Warren94 said:
Well done PE.
My question is what is fair?
Oddly enough, I have an answer to that.
Of course, even rookies in the NFL make more money than most of us will ever earn, but you have to realize that these are young men with a short (possibly very, very short) career who have few skills to offer outside playing football.
Also, the contract that they sign when they join the league is a very unequal one. They can offer their services to one employer and one employer only: the team that drafts them. No other industry would get away with it.
What I think that every NFL player can reasonably look to is to be able to put what I would call (there is a more vulgar phrase for it) "walk away money" in the bank: that is, money that would ensure that, if the worst came to the worst and he had to stop playing tomorrow, he and his family could live in comfort for the rest of his life.
How much money is that? Of course, we can all argue but I think that anyone who has $6 million in the bank is very well fixed. Roughly: spend $1.5 million on a home. Invest $4 million dollars with reasonable prudence and look for an income of $160,000 a year. Have $500,000 for fun. So let's err on the side of generosity and call $10 million "walk away money".
So what I think of Deion's case is:
(1) He hasn't yet earned walk away money or anything like it. It's reasonable for him to want it and to want it now and I have sympathy with his hold-out if that would be the only way to get a significant increase on his rookie contract. Where the relationship between employer and employee is as unequal as it is in the NFL rookie contract I don't think a hold-out is unreasonable.
(2) The Patriots are offering Branch what is, in effect, walk away money. Certainly, there would be little difficulty in ensuring that there is $10 million guaranteed.
(3) If he wants more, that is, of course, his prerogative. I think that players who hold out for the odd million dollars after they are over that threshold are being greedy and, as a fan, I feel I have every right to say so. If Branch wants to get more, the time to negotiate that is at the end of the coming season, not now.
So I now have no sympathy with the hold-out, given that the Patriots have put a very substantial offer on the table -- even less if the aim is to prevent the Patriots from franchising him.