NFL wants to take financial hit from pandemic in 2020-21

[DropKickFlutie]

Im not sure how that works with signing bonues.

Say player 1 has a 1yr deal with a $11m salary.
Player 2 has a 1 year deal with $10m signing bonus, already paid, and $1m salary.

If they shrink the cap be say 30% does player 2 lose only 300,000 while player 1 loses $3.3m?

Lets just say if I am player 1 I would be rather pissed.

Oh you with the good points and things the nfl probably hasn't even thought of or realized yet

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[Ring 6]

Remember the thread we had where people were saying the owners wouldn’t reduce the cap and they would gladly eat the losses all themselves and pay the players a higher share of revenues just cause.
There should be a lot of crow eating now.

 

[Ring 6]

Im not sure how that works with signing bonues.

Say player 1 has a 1yr deal with a $11m salary.
Player 2 has a 1 year deal with $10m signing bonus, already paid, and $1m salary.

If they shrink the cap be say 30% does player 2 lose only 300,000 while player 1 loses $3.3m?

Lets just say if I am player 1 I would be rather pissed.

They can’t really “shrink the cap”. What would happen is next years cap would go way way down because the cap is directly tied to last years revenues.
You could see the 2021 cap go down to 50 mill or something like that. It’s what the cba dictates.

 

[Ring 6]

Deleted

 

[PatsFanInVa]

I don't get it. How can they Change this year's cap ?? It's way too close to the season

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Other people beat me to being the voice of doom and gloom.

I guess it could be negotiating... it could also be things they know and we don't about what they believe will happen regarding the season.

 

[sieglo]

F the NFL. I’ve really had it — between this nonsense, the constant stupid rule changes, the league office driven witch hunts, the Now-constant political bullsh1t.... I’ve been blessed to experience the entire Brady/Belichick saga, that epoch is over, and I’m really not sure I need it any more. There are better and less frustrating ways to spend my time. I’m sure I’m not the only one who feels this way.

 

[Patsgofor4]

F the NFL. I’ve really had it — between this nonsense, the constant stupid rule changes, the league office driven witch hunts, the Now-constant political bullsh1t.... I’ve been blessed to experience the entire Brady/Belichick saga, that epoch is over, and I’m really not sure I need it any more. There are better and less frustrating ways to spend my time. I’m sure I’m not the only one who feels this way.

Another spoiled late 90s to 2020 Pats fan whose football sun rose and set around Tommy.

 

[Ring 6]

Other people beat me to being the voice of doom and gloom.

I guess it could be negotiating... it could also be things they know and we don't about what they believe will happen regarding the season.

It has to be negotiated because the CBA sets this years cap directly from last years revenue. They can’t change that unilaterally.
They could start cutting players though.

 

[Ring 6]

F the NFL. I’ve really had it — between this nonsense, the constant stupid rule changes, the league office driven witch hunts, the Now-constant political bullsh1t.... I’ve been blessed to experience the entire Brady/Belichick saga, that epoch is over, and I’m really not sure I need it any more. There are better and less frustrating ways to spend my time. I’m sure I’m not the only one who feels this way.

Perhaps you should ignore the off the field stuff and just watch the games.

 

[TomPatriot]

Barring a vaccine or virus abatement, there’s probably not going to be a season. The CAA has already cancelled league play in FCS. Others will follow soon. Think about how many players are likely to contract the virus given the proximity of the players. The risk is too great and the return/reward would be negligible this season.

 

[sieglo]

Another spoiled late 90s to 2020 Pats fan whose football sun rose and set around Tommy.

Fan since around 1978, so GFY... I just like my sports politics and ******** free. Like they were back in the 80s.

 

[XLIX]

Im not sure how that works with signing bonues.

Say player 1 has a 1yr deal with a $11m salary.
Player 2 has a 1 year deal with $10m signing bonus, already paid, and $1m salary.

If they shrink the cap be say 30% does player 2 lose only 300,000 while player 1 loses $3.3m?

Lets just say if I am player 1 I would be rather pissed.

Something occurred to me along the above lines. Players who signed new long term deals this summer could probably screw over their teams if they wanted since so many deals have low year 1 salaries compared to the total value.

For example, Teddy Bridgewater signed a 3 year, $63 million deal. But his year 1 salary is $8 million. Obviously that’s still a lot of money, but he could conceivably sit out 1/3 of the contract and only miss 1/8 of the money.

 

[mgteich]

???

So, you think that all contracts signed starting in 2020 should be voluntarily negotiated by players? NOT!

If there are adjustment to salaries, it will be changes to the CBA, jointly agreed upon, which would likely not have conditions different for different players.

If there is no agreement, owners would need to decide how to work with a very low cap in 2021. One way is to cut lots of players in 2020 and carry over lots of cap money.

Something occurred to me along the above lines. Players who signed new long term deals this summer could probably screw over their teams if they wanted since so many deals have low year 1 salaries compared to the total value.

For example, Teddy Bridgewater signed a 3 year, $63 million deal. But his year 1 salary is $8 million. Obviously that’s still a lot of money, but he could conceivably sit out 1/3 of the contract and only miss 1/8 of the money.

 

[Froob]

I really doubt there's a season due to politics/media pressure. Depending on how the NBA does, the bubble may be the only solution.

I doubt it’d be for that reason. NFL doesn’t care about bad PR, it doesn’t really hurt them.

 

[patman52]

you either take it out of this years pie or next years. I think it will be a lot cleaner to take it out of next years salary. Let the players save thier pennies this year knowing that next year thier salary is going down 25%.

 

[patman52]

Im not sure how that works with signing bonues.

Say player 1 has a 1yr deal with a $11m salary.
Player 2 has a 1 year deal with $10m signing bonus, already paid, and $1m salary.

If they shrink the cap be say 30% does player 2 lose only 300,000 while player 1 loses $3.3m?

Lets just say if I am player 1 I would be rather pissed.

they treat the amortized part of the SB as this year salary. If the player does not return it he does not get his weekly pay. SB is treated the same as pay it is not something else, it is even accounted for for each year of the deal. Just because you got the money upfront does not mean that it is not part of the yearly salary.

 

[XLIX]

???

So, you think that all contracts signed starting in 2020 should be voluntarily negotiated by players? NOT!

Whuh huh? I clearly didn't communicate in my post what I meant to convey, so please let me try again.

I am not suggesting players screw over their teams. I am just saying under the deal offered by the NFL to the NFLPA (if I am understanding it correctly), the opportunity exists for some players to do so, notably those who signed long term deals this offseason. Long term deals often (but not always) give players a signing bonus, and a fairly low year 1 salary. We have a situation where players could sit out and only miss their low year 1 salary but keep the signing bonus and the rest of the contract intact.

I did some research and found a decent example in Joe Schobert. He signed a new deal this summer. 5 years, $53.75 million. The signing bonus was $12 million and the year 1 salary is $2.5 million. Then he gets $7 million in salary in 2021. If he wanted to, he could say "I got my $12 million in pocket and I am going to opt out of 2020 because I am only losing $2.5 million."

In other words, he can opt out which would turn a 5 year, $53.75 million contract into 4 years, $51.25 million. That's a pretty small loss of money on his part. Please note I am not saying he should opt out. I am just observing there are several players who got big signing bonuses and a lot year-1 salary who could opt out with minimal loss of money.

If there are adjustment to salaries, it will be changes to the CBA, jointly agreed upon, which would likely not have conditions different for different players.

If there is no agreement, owners would need to decide how to work with a very low cap in 2021. One way is to cut lots of players in 2020 and carry over lots of cap money.

If I were the Players, I would not give up a single cent without getting something in return. Having said that, I would very much consider giving up some money this year in exchange for a higher cap next year ("higher" meaning "higher than what it will be if we just use the current calculations").