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Do NFL teams have to place money in escrow for guaranteed contracts?
#11
(06-17-2023, 12:54 PM)jfkbengals Wrote: As the linked article points out, the clause was pushed by the NFLPA to prevent owner insolvency causing a player to get screwed out of his money.  Presumably this was directly pointed at the Brown and Spanos families.  But the value of broadcast contracts continually climbs to a point where the only threat of insolvency is by new ownership groups, and the league vets them so well I doubt it could ever happen in the modern NFL.  Just because it happens to Antonio Brown's team (too soon?) doesn't mean it will happen to Mike Brown's team.

Seems insane that the NFLPA would push this. The money is going to be there. If there were no salary cap it could be an issue, but with a salary cap the money will be there.
“History teaches that grave threats to liberty often come in times of urgency, when constitutional rights seem too extravagant to endure.”-Thurgood Marshall

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RE: Do NFL teams have to place money in escrow for guaranteed contracts? - michaelsean - 06-17-2023, 11:50 PM

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