Small Market Money Should be More Viable
After being "bullied" into a deal that many smaller market owners didn't like in 2006, owners such as the Jaguars own Wayne Weaver appear to like the revenue sharing in this particular deal much more.
NFL Network's Albert Breer tweeted about Weaver's approval--
Jaguars owner Wayne Weaver told us much as he wasn't thrilled w/how revenue sharing went in '06, he's happy with where it's going in new deal.
Jaguars Will Have More Money to Spend
The new CBA would include a rookie salary scale, similar to that of the NBA. This helps the Jaguars as 10th overall draft pick Blaine Gabbert would have likely commanded roughly $20 million in guaranteed money under the old rules. Jacksonville could save as much as 50 percent of that number which would allow the team to spend more in free agency on improving one of the worst defenses in football.
Here are the rookie wage parameters:
New entry-level compensation system including the following elements:
o All drafted players sign four-year contracts.
o Undrafted free agents sign three-year contracts.
o Maximum total compensation per draft class.
o Limited contract terms.
o Strong anti-holdout rules.
o Clubs have option to extend the contract of a first-round draftee for a fifth year, based on agreed-upon tender amounts.
Creation of new fund to redistribute, beginning in 2012, savings from new rookie pay system to current and retired player benefits and a veteran player performance pool.
Jags Will Have to Spend to Meet the Minimum Cap
With a proposed salary cap of roughly $120 million for this season with the cap rising each year, the Jaguars are in virtually no danger of ever repeating the cap hell that the team endured in the early 2000's.
What will occur is the team will have to spend a considerable amount of money just to get to the salary floor, which will be roughly $108 million. This will make the Jaguars players on any free agent that they desire, as they will have the up front money to pay (in addition to no state income tax). Depending on what the team is able to accomplish during free agency, we could see contract extensions for younger players with money upfront. Players who are candidates are Terrance Knighton, Eugene Monroe, Mike Thomas and Daryl Smith.
Here are some of the proposed economics:
Salary cap plus benefits of $142.4 million per club in 2011 ($120.375 million for salary and bonus) and at least that amount in 2012 and 2013.
Beginning in 2012, salary cap to be set based on a combined share of "all revenue," a new model differentiated by revenue source with no expense reductions. Players will receive 55 percent of national media revenue, 45 percent of NFL Ventures revenue, and 40 percent of local club revenue.
Beginning in 2012, annual "true up" to reflect revenue increases or decreases versus projections.
Clubs receive credit for actual stadium investment and up to 1.5 percent of revenue each year.
Player share must average at least 47 percent for the 10-year term of the agreement.
League-wide commitment to cash spending of 99 percent of the cap in 2011 and 2012.
For the 2013-2016 seasons, and again for the 2017-2020 seasons, the clubs collectively will commit to cash spending of at least 95 percent of the cap.
Each club committed to cash spending of 89 percent of the cap from 2013-2016 and 2017-2020.
Increases to minimum salaries of 10 percent in Year 1 with continuing increases each year of the agreement.
Charlie Bernstein is the host of "The Sports Crunch" on the Aquarius 7 Broadcasting Network (national), and Editor-in-Chief of Sports Media Interactive, covering multiple teams in the National Football League, NCAA, and National Basketball Association. Charlie covers the Jacksonville Jaguars for FoxSports and has been featured on the NFL Network and Sirius NFL Radio. Charlie is also a member of the Pro Football Writers of America. You can follow Charlie on Twitter @nflcharlie