pbmax
07-31-2011, 08:37 AM
From Florio and PFT: http://profootballtalk.nbcsports.com/2011/07/31/sources-disclosure-of-rookie-scale-formula-by-nflpa-nearly-blew-up-settlement/
According to multiple sources, the NFL and the players agreed when crafting the rookie wage scale that the slot-by-slot formula would be kept confidential, and that agents and teams would know only the total rookie dollars allocated by team. This approach would make the process similar to past years, when the CBA utilized a rookie salary cap, which provided teams with limited money for all rookies but no restrictions on how it would be divvied up.
Despite a new name and far fewer dollars to go around, the same concept applies. Teams get a total amount that can be paid to all rookies, and the teams can decide which draft pick will get how much of the money.
Previously, the pick-by-pick formula used to determine each team’s rookie salary cap never had been disclosed to agents or teams. This year, in the first season of the new rookie wage scale, it was.
As best we can tell, a low-level employee at the NFLPA inadvertently sent the formula out to agents. The agents initially were confused by what they had received. When some started to rely on the formula when negotiating deals, the league became aware of what had occurred.
Oddly enough, one League source just recently had wished they went to the NBA precise slotting system to avoid ANY haggling. They are half a step closer to this now.
According to multiple sources, the NFL and the players agreed when crafting the rookie wage scale that the slot-by-slot formula would be kept confidential, and that agents and teams would know only the total rookie dollars allocated by team. This approach would make the process similar to past years, when the CBA utilized a rookie salary cap, which provided teams with limited money for all rookies but no restrictions on how it would be divvied up.
Despite a new name and far fewer dollars to go around, the same concept applies. Teams get a total amount that can be paid to all rookies, and the teams can decide which draft pick will get how much of the money.
Previously, the pick-by-pick formula used to determine each team’s rookie salary cap never had been disclosed to agents or teams. This year, in the first season of the new rookie wage scale, it was.
As best we can tell, a low-level employee at the NFLPA inadvertently sent the formula out to agents. The agents initially were confused by what they had received. When some started to rely on the formula when negotiating deals, the league became aware of what had occurred.
Oddly enough, one League source just recently had wished they went to the NBA precise slotting system to avoid ANY haggling. They are half a step closer to this now.