What Affects a Free Agent's Salary?

Free agents in the NFL want to move to another team in hopes of getting more money and/or a playing environment that better suits them. Players can become free agents for a lot of reasons; usually, they want more pay, want to be in a different location, don't think their current team is a match, or are not having their contract renewed by their current team. Sometimes an opposing team may initiate the process, make an offer, and ask the player to consider it. The pay for the new contract can be affected by a number of things.

Credited Seasons

The pay a player has to receive at a minimum is based on the number of credited seasons that player has. A new player gets at least a certain amount; there can be additional amounts like signing bonuses on top of that. Eventually the minimum pay locks in at a certain number after a few credited seasons. However, given the bonuses, endorsements, and other ways to earn money, long-time players can certainly earn a lot more than the minimum salary.

The Player's Prior Year Base Salary

Salary for a new free agent contract can be (but does not have to be) based on the player's prior year's base salary. The base salary is what it sounds like: the base pay that the player will get regardless of whatever bonuses the player has been promised or has received. You'll often see contract offers that use a percentage of the base salary to form the salary offer in the new contract.

RFA Tender Options

Tenders are contract offers to restricted free agents (RFAs), and they offer salaries in two different ways. One is a straight amount (e.g., $6 million dollars), and the other is a percentage (e.g., 110 percent of the player's previous base salary). These amounts vary between rounds, so a first-round tender will offer more than a second-round tender. The right-of-first-refusal tender, however, offers a set amount of money only and does not offer an option to have pay based on the prior year's base salary.

Waiting to find out who will be a free agent can be a real nail-biting experience, and trying to predict who will go where and for how much can be interesting. Here's your chance to see how well you know how prospective free agents think and how accurate a source's predictions about who will become a free agent are.

Reach out to a company like BSW Inc. to learn more.

About Me

Spending Time With Your Kids Outside

Before I had kids, I always wanted to be fun and energetic. Unfortunately, after years of attending college and sitting still, I realized that I had gained a tremendous amount of weight. I wanted to start participating in recreational activities and sports, so I started participating in local events that centered around outdoor activity. It was a little difficult at first, but after a few weeks it was incredible to see the difference that my efforts had made. I was spending more time with the kids, having a blast, and really enjoying my time away from work. Check out this blog for more information on recreation and sports.

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