DisturbedShifty
Peace out
So can someone tell me why rookies aren't signed the day after the draft is over? I mean there is a rookie cap in place. They know how much they are going to sign each one for and for how long.
What does offset language mean?
What does offset language mean?
It has to do with guaranteed money remaining on the contract. If for some reason the Dolphins released Tannehill before the end of his rookie contract they would not owe him all the remaining guaranteed money.
For example if the rookie contract still calls for say $5 million guaranteed, but his new team gives him $3 million guaranteed, the Dolphins would only be on the hook for $2 million instead of the full $5 million. The new contract offests the orignal contract. If there was no offset language, in this hypothetical example, Tannehill would get $5 million from Miami and $3 million from his new team.
In the case of Tannehill it is likely pointless because he won't be released in the next three years. But say a team drafts a rookie early and is a complete failure out of the gate, it saves the team money and cap space when the player is released.
kinda like justin blackmons contract, since he got caught using PEDs, he can be released and jags not have to pay him... but i highly doubt they will release him
It has to do with guaranteed money remaining on the contract. If for some reason the Dolphins released Tannehill before the end of his rookie contract they would not owe him all the remaining guaranteed money.
For example if the rookie contract still calls for say $5 million guaranteed, but his new team gives him $3 million guaranteed, the Dolphins would only be on the hook for $2 million instead of the full $5 million. The new contract offests the orignal contract. If there was no offset language, in this hypothetical example, Tannehill would get $5 million from Miami and $3 million from his new team.
In the case of Tannehill it is likely pointless because he won't be released in the next three years. But say a team drafts a rookie early and is a complete failure out of the gate, it saves the team money and cap space when the player is released.