The truth about veterans released after week one. (1 Viewer)

Merl

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This is directly from the current CBA.

ARTICLE 30 TERMINATION PAY
Section 1. Eligibility:
(a) Any player who has completed the season in which his fourth year or
more of credited service under the Bert Bell/Pete Rozelle Retirement Plan has been earned shall be eligible for Termination Pay under this Article if:
(1) He is released after his Club’s first regular season game; and
(2) He has made the Active/Inactive List of his Club on or after the date of his Club’s first regular season game.
(b) Subject to Section 3 below, the amount of Termination Pay payable to such player shall be the unpaid balance of his Paragraph 5 Salary for that League Year. Termination Pay under this Article shall be claimed and payable no sooner than one day after the end of the regular season schedule, and no later than February 1. A player will not be entitled to Termination Pay more than once during his playing career in the NFL.
NOTE part (b). He doesn't get paid until the remainder of his salary until after the regular season and he can only claim that once in his career.

I used to think the same as most until Superchuck pointed out this article to me last year.
 

AL_Bundy

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Very good point. I wasn't aware of this. I thought a veteran got his full salary if he was on the roster after the first game, period. But I guess not. Very interesting, and good to know.
 

krazy9000

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The player actually getting the money, and the money going against the cap are two totally different things.

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The player actually getting the money, and the money going against the cap are two totally different things.

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That's a good point. Even unlikely to be earned incentives are counted against the cap until the season is over. Maybe it's not a cash savings issue as much as a cap savings issue.
 

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