04-19-2018, 04:32 PM
(04-19-2018, 03:37 PM)fredtoast Wrote: This doesn't make any sense. If they can rescind it at any time then there would be no need for the deadline a year in advance.
I think that if a team picks up the option they are bound by it.
only if the player is on the roster at the beginning of the season during the option year..
Quote:Every player selected in the first round of the NFL Draft will automatically have a fifth-year team option added into his contract. This option cannot be separately attached to the player contract.
The option allows a team to retain a player’s rights for five years rather than four, which is the bonus of selecting a player in the first round. In order to extend the contract, the team must inform the player during the period between the last regular season game of the player’s third contract year and May 3 of the next League Year (Article 7, Sec. 7, (a), 31).
The fifth-year option is non-negotiable, and the non-compensation terms from a player’s rookie contract will also be included in the fifth-year option.
Many terms allowed in other contracts are prohibited from the fifth-year option. These terms include option bonuses, option exercise fees, option nonexercise fees, option buyouts, or any other compensation that stems from the team exercising or declining the 5th-year option (Sec. 7 (d), 31).
When a team exercises the option, it becomes guaranteed for injury only. If the player is on the team’s opening-day Active/Inactive roster for the option year, his salary becomes fully guaranteed for skill, cap, and injury.
