30% Rule:Renegotiating Contracts

Chubby

SUPERFAN
Joined
May 22, 2002
Messages
6,875
Reaction score
46
Age
44
Location
Homestead, FL.
Thought this was cool information and wanted to share:
http://profootballtalk.nbcsports.com/2010/02/21/30-percent-rule-still-looms-over-uncapped-year/
With the salary cap disappearing in 2010, plenty of players still under contract might be looking for new deals.

If, after all, there's no spending limit and fewer free agents are available and guys are operating under deals done when a cap was in place, some of them might expect a big raise.

But there's a problem, as one league source pointed out in response to our recent suggestion that the decision of Steve Smith (the young, good one) to change agents could be a sign that he wants to strike it rich.

The 30 percent rule applies to the renegotiation of any contracts.

It means that the player's salary in 2010 can't be more than 30 percent greater than the player's salary in 2009. For players still operating under the minimum base salaries of a slotted rookie deal, that's a problem. A big problem.
 
Top Bottom