Scarinci Hollenbeck, LLC, LLCScarinci Hollenbeck, LLC, LLC

Firm Insights

NFL Fears More Holdouts on the Way as Salary Cap Rises

Author: Scarinci Hollenbeck, LLC

Date: September 29, 2015

Key Contacts

Back

Salary cap rise causing unrest

NFL executives are reportedly worried that players who negotiated their contracts during the salary cap’s slow annual rise from 2011 to 2013 will soon feel their teams owe them larger contracts, due to the fact that the threshold has been surging the last two years.

With the holdout of the Seattle Seahawks’ Kam Chancellor heading into the third week of the NFL season, it is certainly possible that some players are already considering their plans for next season.

Many players could soon decide they deserve larger contracts 

A player’s value is often directly linked to the salary cap, meaning that those individuals who composed large percentages of their teams’ caps from 2011 to 2013 are currently, or will soon, make up much smaller portions of those caps. With their values, in respect to the salary cap, diminishing substantially by the year, these individuals will likely want to renegotiate in an effort to earn the larger salaries now available to them. This is why, as NBC Pro Football Talk’s Mike Florio reported, NFL executives are concerned about the prospects of their stars holding out for bigger contracts in the coming years.

The salary cap has shot up by $10 million each of the last two years, and with the larger chunk of change available to split, some players are all but certain to decide that they deserve bigger shares. Chancellor’s holdout – the strong safety received a contract extension in 2013 – could play an important role in players’ thinking in the coming seasons, according to Florio’s report.

He explained that the NFL may press the Seahawks to hold their ground in the standoff with Chancellor. If the team gives in and offers him a new, larger contract, other players in the league may get the idea that their own holdout attempts can be similarly successful if they are willing to stretch them deep enough into the season.

Negotiating a contract that rises with the cap

One possible solution according to Florio, is to begin negotiating contracts that are flexible and anticipate how the salary cap will rise. Through key pieces such as bonuses, agents and players can ensure that contracts remain at a set percent of the cap each year, even as it grows.

If you feel your contract makes up a relatively small portion of your team’s salary cap, and think the time to renegotiate is coming, speak with an agent who knows sports law to help you determine a way to develop an agreement that pays you what you’re worth.

No Aspect of the advertisement has been approved by the Supreme Court. Results may vary depending on your particular facts and legal circumstances.

Scarinci Hollenbeck, LLC, LLC

Related Posts

See all
IP Infringement: What Steps Can You Take If You're Affected? post image

IP Infringement: What Steps Can You Take If You're Affected?

IP infringement occurs when someone uses your intellectual property without your permission or beyond the scope of the permission you granted. Common examples of IP infringement include copying a product’s patented features or using a trademarked logo in a way that is likely to confuse consumers about the source or affiliation of goods or services. […]

Author: Michael Mietlicki

Link to post with title - "IP Infringement: What Steps Can You Take If You're Affected?"
Public Allegations, Unfinished Investigation: What New Jersey Businesses Should Do Next post image

Public Allegations, Unfinished Investigation: What New Jersey Businesses Should Do Next

When facing public allegations of wrongdoing, companies should not let the speed of the public conversation dictate the speed of an investigation. An investigation designed to confirm a preferred narrative rather than establish the facts can create serious problems later, particularly if litigation, regulatory scrutiny, or employment claims follow. Key Takeaways When public allegations surface […]

Author: Sean M. Pena

Link to post with title - "Public Allegations, Unfinished Investigation: What New Jersey Businesses Should Do Next"
BESS Interconnection: Managing Grid, Cost, and Schedule Risk post image

BESS Interconnection: Managing Grid, Cost, and Schedule Risk

For battery energy storage system (BESS) developers, securing equipment and site control is only part of the development equation. A project must also connect to the electric grid, and increasingly, BESS interconnection is one of the biggest sources of schedule, cost, and contractual risk. Key Takeaways This article is Part 3 of our Battery Storage […]

Author: Nicholas Wall

Link to post with title - "BESS Interconnection: Managing Grid, Cost, and Schedule Risk"
Navigating Director and Officer Liability in Times of Financial Distress post image

Navigating Director and Officer Liability in Times of Financial Distress

Director and officer liability increases sharply when a company is in financial distress. Decisions that would draw little attention in a healthy business can later be challenged by creditors, shareholders, bankruptcy trustees, and regulators as breaches of fiduciary duty, fraudulent transfers, or oversight failures. Understanding where that exposure comes from, and how to manage it, […]

Author: Michael Mietlicki

Link to post with title - "Navigating Director and Officer Liability in Times of Financial Distress"
Before You Buy: Managing Real Estate and Permitting Risk for BESS Projects in New York and New Jersey post image

Before You Buy: Managing Real Estate and Permitting Risk for BESS Projects in New York and New Jersey

For developers pursuing battery energy storage system (BESS) projects, finding the right property is only the beginning. BESS site selection is as much a legal and transactional exercise as a real estate decision, with risk analysis central to the project’s ultimate success. Key Takeaways The core questions for BESS site selection in New York and […]

Author: Nicholas Wall

Link to post with title - "Before You Buy: Managing Real Estate and Permitting Risk for BESS Projects in New York and New Jersey"
What Business Owners Get Wrong Before Meeting a Litigation Attorney post image

What Business Owners Get Wrong Before Meeting a Litigation Attorney

What should you expect when meeting a litigation attorney about a business dispute? You should expect to describe the dispute in your own words, hand over the most important documents, flag any deadlines or immediate threats, and leave with a clearer picture of the problem, what information is still needed, and the likely next steps. […]

Author: Michael Mietlicki

Link to post with title - "What Business Owners Get Wrong Before Meeting a Litigation Attorney"

No Aspect of the advertisement has been approved by the Supreme Court. Results may vary depending on your particular facts and legal circumstances.

Sign up to get the latest from our attorneys!

Explore What Matters Most to You.

Consider subscribing to our Firm Insights mailing list by clicking the button below so you can keep up to date with the firm`s latest articles covering various legal topics.

Stay informed and inspired with the latest updates, insights, and events from Scarinci Hollenbeck. Our resource library provides valuable content across a range of categories to keep you connected and ahead of the curve.

Let`s get in touch!

* The use of the Internet or this form for communication with the firm or any individual member of the firm does not establish an attorney-client relationship. Confidential or time-sensitive information should not be sent through this form. By providing a telephone number and submitting this form you are consenting to be contacted by SMS text message. Message & data rates may apply. Message frequency may vary. You can reply STOP to opt-out of further messaging.
“If you would like to submit a file, please email it directly to info@sh-law.com.

Sign up to get the latest from the Scarinci Hollenbeck, LLC attorneys!