Tuesday, May 7, 2013

Here's an interesting article about the next potential problem with rookie contracts

"Offsets likely to be next battleground in rookie contracts" by Mike Garafolo, USA TODAY Sports | 7:44 p.m. EDT May 2, 2013


I recommend people check this out since it could become an issue as soon as this off-season, particularly with the top picks.

•The issue at hand is "offset language". What this means is that if player X with offset language in his contract is cut in let's say the third year of his deal, and the team that released him owes him 2 million bucks, then whoever he signs with later will impact the money that his original team is supposed to pay him.

•If the team the signs him after he is cut/released pays him $1.5 million, for argument's sake, then his original club will only owe him half a million dollars--which is the difference--instead of the total of $2 million.
•A player WITHOUT offset language in his deal will not only get whatever his previous team owes him--if they owe him anything--, but IN ADDITION to that amount he will also get what his NEW team pays him as well.


•Mike Garafolo does a great job explaining it in the article.
•Please give it a read, and support a great journalist like Mike.


•Thanks all!

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