C
ColinG
Guest
I've been trying to do some reach on NFL Rules regarding releases, injury settlement, and retirement. To date I have only been able to discover the following.
Released
- Change Teams: players may sign on with any team (including the one they just left) as they are considered UFA.
- Cap Hit: Teams will be charged in the year of the release the total value of the remaining signing bonus. After June 1st, teams that release players defer the remaining unamortized portion of their signing bonus to the next year.
- Other: may not release a player currently injured without an injury settlement.
Injury Settlement
- Change Teams: The player can sign with any other team or re-sign with the original team after 10 weeks
- Cap Hit: the player agrees to a lump sum payment that is counted toward the teams total cap figure for that year (I haven't found anything that addresses remaining signing bonus but I believe you treat it as you would a release).
- Other: a team is not allowed to re-sign a player for that season if they cut him during the preseason (only found this reference in one place).
Retirement
- Change Teams: Players that retire may not go to another team until enough time has elapsed that their contract would have naturally expired.
- Cap Hit: Teams will be charged the normal value of that player's signing bonus the year they retire with the remaining value added to the next year's cap numbers.
- Other: Players MAY be require to return a portion of their signing bonus to the team based in part on amount of time remaining on the contract and the willingness of the player to cooperate (it appears teams have to petition both the NFLPA and the Commissioner for this refund but from the sources I found it is unclear).
There are of course other cases such as Physically Unable to Perform and Unrelated Injury (i.e. pickup basketball games) but I haven't found anything specific on those. Can anyone shed more light on various option, specifically as it may relate to Patrick Jeffers? Thanks.
Oh, and please feel free to correct any of my above contentions.
Released
- Change Teams: players may sign on with any team (including the one they just left) as they are considered UFA.
- Cap Hit: Teams will be charged in the year of the release the total value of the remaining signing bonus. After June 1st, teams that release players defer the remaining unamortized portion of their signing bonus to the next year.
- Other: may not release a player currently injured without an injury settlement.
Injury Settlement
- Change Teams: The player can sign with any other team or re-sign with the original team after 10 weeks
- Cap Hit: the player agrees to a lump sum payment that is counted toward the teams total cap figure for that year (I haven't found anything that addresses remaining signing bonus but I believe you treat it as you would a release).
- Other: a team is not allowed to re-sign a player for that season if they cut him during the preseason (only found this reference in one place).
Retirement
- Change Teams: Players that retire may not go to another team until enough time has elapsed that their contract would have naturally expired.
- Cap Hit: Teams will be charged the normal value of that player's signing bonus the year they retire with the remaining value added to the next year's cap numbers.
- Other: Players MAY be require to return a portion of their signing bonus to the team based in part on amount of time remaining on the contract and the willingness of the player to cooperate (it appears teams have to petition both the NFLPA and the Commissioner for this refund but from the sources I found it is unclear).
There are of course other cases such as Physically Unable to Perform and Unrelated Injury (i.e. pickup basketball games) but I haven't found anything specific on those. Can anyone shed more light on various option, specifically as it may relate to Patrick Jeffers? Thanks.
Oh, and please feel free to correct any of my above contentions.