Monday, May 21, 2012

Slotted rookie salaries make for quick signings

Luck and Griffin III have yet to sign their rookie contracts, but there's no chance for a holdout.
Before the installment of the NFL's new collective bargaining agreement in 2011, rookie holdouts were commonplace and the idea of full draft classes being signed by June was simply ludicrous.

The times, they are a-changing.

With a newly-implemented slotted rookie salary system aimed at curbing the exponential rise of guaranteed money to early first-round picks, contract talks between teams and player agents have become streamlined and more productive.  Per NFL spokesman Greg Aiello, 147 of the 253 players selected in the 2012 draft (58 percent) had signed a contract as of last Thursday night.  This is in stark contrast to years past; in the five drafts between 2006-2010, 1,273 players were selected and only 62 had signed a contract by the end of May.

With the Chicago Bears announcing the signing of third round safety Brandon Hardin on May 15th, they became the the seventh team to sign their entire 2012 Draft Class, joining the Baltimore Ravens, Carolina Panthers, Green Bay Packers, New York Giants, San Diego Chargers, and Seattle Seahawks.  Several other clubs are one or two players away from completing the signing process.

1 comment:

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