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Labor Peace until 2030 is Here!
#9
(03-15-2020, 05:37 PM)grampahol Wrote: I don't really care about this CBA, but the rank and file would have been absolutely crazy to turn it down. For players making league minimum it puts $90,000 more in their pockets for one more game. How many of you have ever gotten a $90,000 raise for one more day of work per year?

Average length of an NFL career is 3.3 years, 65% of all players made minimum contracts last year.  The 20% raise was well deserved.  The minimum contract for players on rookie deals last year was $495K, this year it is $675K.  With the highest proportion of the players making league minimum, and the average career length being 3.3 years, that takes the expected earnings for a player struggling to hang on a roster from $1.63M to $2.23M.

Now, most of those guys will go on to use their educations, and become professionals in something other than football, once their brief time in the league passes.  However, if a player is smart, manages his money well and invests while he's in the league, it certainly sets him up with a good foundation for his future life's ventures.  That $642K bump in expected career earnings might not mean much to a superstar player, but to the guys making league minimum (65% of the players) it's a huge raise.
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Messages In This Thread
Labor Peace until 2030 is Here! - corpjet - 03-15-2020, 11:32 AM
RE: Labor Peace until 2030 is Here! - SunsetBengal - 03-15-2020, 09:39 PM
RE: Labor Peace until 2030 is Here! - CJD - 03-16-2020, 07:37 AM

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