Chase not Practicing

[Destro]

(09-03-2024, 05:34 PM)casear2727 Wrote: This is basically the gist but there are some other factors.  

The money doesnt have to go into escrow upon signing, there is a specific date for escrow deposits.

Guaranteed money always includes the signing bonus.  That is paid upon signing and thus not escrowed.

The first year salary and bonuses, which are always guaranteed in big deals, are not required to be escrowed.

Future roster bonuses can be considered "rolling guarantees" and are usually not escrowed.

The funding rule requiring escrow is not a CBA negotiated rule.  It is a rule made by the owners only, and can be changed the owners at any time. They havent because they use it as a negotiating tool to plead poor.

Is it truly required?  The wording of the funding rule in the CBA states that "the NFL may a deposited escrow", not that it is required.  Several accusations were made that Haslem did not escrow the $185M of Watson's contract that may be required. 

Thanks for this. Millionaires playing a shell game. Meanwhile, I'm wondering why chicken wings cost so much.