In the soap opera that
is the Chargers-Joey Bosa contract talk it appears that the Chargers are done,
at least for now, and have pulled the last offer yesterday. According to the
Chargers the contract offer from Tuesday night included:
-A signing bonus larger
than any rookie from the past two NFL drafts
- More money in 2016
that every rookie in this year’s class except the Eagles Carson Wentz
- The largest payment
and highest percentage of a signing bonus in the first year since the current
NFL collective bargaining agreement went in to effect in 2011
One of the sticking
points is that the Chargers are offering to pay 85% of the offered $17 million signing
bonus this year ($14.5 million) with the remainder after March 2017. Additionally,
Bosa wants “offset language” removed from the contract.
I have heard the term
before but didn’t know what it means but now I do.
Following the 2011 CBA all
First Round rookies get four year deals with a team option for a fifth year,
with the player being notified of the team’s intent following the player’s
third season. If the team picks up the fifth year option, the player’s contract
is guaranteed for that final year. Now here is where the offset language goes in
to effect. If the team releases the player during their fourth year, if there
is offset language in the contract, they will pay the player only the remaining
guaranteed money but if the player signs with a new team the original team is
off the hook and the new team pays the player’s remaining salary.
If there is no offset
language in the contract than if the player is released during the fourth year
and signs with a new team than both the original team and the new team will pay
the player, essentially the player gets paid twice.
If you are a Joey Bosa
fan now is the time to pick up his cards, with no contract signing in sight he
will not be on the field once the season starts so prices should be low.
As if I needed yet another reason to be done with the Chargers. Lame situation all around.
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