NFL Agent Exam 2023 with complete solution
NFL Player Contract
A written agreement or series of such agreements executed at or about the same time between a person and an NFL Club pursuant to which such person is employed by such Club as a professional football player.
Collective Bargaining Ag...
nfl agent exam 2023 with complete solution nfl player contract a written agreement or series of such agreements executed at or about the same time between a person and an nfl club pursuant to which s
Written for
NFL Agent
All documents for this subject (148)
Seller
Follow
magdamwikash23
Reviews received
Content preview
NFL Agent Exam 2023 with complete solution
NFL Player Contract
A written agreement or series of such agreements executed at or about the same time
between a person and an NFL Club pursuant to which such person is employed by such
Club as a professional football player.
Collective Bargaining Agreement (CBA)
The union contract between the NFL Players Association and the NFL Management
Council covering the terms and conditions of employment of all NFL players.
Draft or College Draft
The NFL's annual draft of Rookie football players described in CBA Article 6 (College
Draft).
Drafted Rookie
A person who is selected in the current League Year's Draft or whose Draft rights are
held, or continue to be held, consistent with this Agreement, by an NFL Club that
selected the Rookie in a prior Draft.
Required Tender
A Player Contract tender that a Club is required to make to a player pursuant to the
CBA, either as a matter of right with respect to the player, or to receive Rights of First
Refusal, Draft Choice Compensation and/or other rights with respect to the player, as
specified in the CBA.
Right of First Refusal
The right of an NFL Club, as described in CBA Articles 9 (Veteran Free Agency) and 10
(Franchise and Transition Players) to retain the services of certain Veteran players by
matching offers made to those players.
Draft Choice Compensation
The right of any Club, as described in CBA Articles 9 (Veteran Free Agency) and Article
10 (Franchise and Transition Players) to receive draft pick(s) from any other Club.
Exclusive Rights Player
A player whose contract expires at a time when he has less than three Accrued
Seasons in the NFL cannot market his services to other clubs if his old club gives him a
minimum salary tender, as described in CBA Article 8, on or before the last day of that
League Year. If the tender is provided, this player can only re-sign with his old club
(unless the tender is later withdrawn).
restricted free agent
A player whose contract expires when he has earned three (3) Accrued Seasons. If his
old club provides him with a sufficient "Qualifying Offer", as described in CBA Article 9,
on or before the last day of that League Year, it retains the right to either match an offer
the player may get from another club or to receive draft choice compensation from the
club making the offer. The Qualifying Offer is based on the level of draft choices the old
club wants to receive. For example, the Qualifying Offer to a player with three (3)
Accrued Seasons in 2021 for the Club to receive a second-round draft choice and the
Right of First Refusal in 2021 is $3,384,000. For the 2021 League Year, the Restricted
Free Agent has until April 23, 2021 to generate an offer from another club. If he fails to
get an offer, his exclusive rights revert to the old club unless the Qualifying Offer is
withdrawn.
, Unrestricted Free Agent
As described in CBA Article 9, a player whose contract expires when he has earned at
least four (4) Accrued Seasons is free to sign with any other club if he does so by July
22 of the same year. If he does not sign elsewhere, his exclusive rights revert to his old
club after July 22 only if his old club has given him a written tender by the Monday
following the last day of that year's NFL Draft offering to re-sign him for an additional
year at a ten percent increase in. If his prior club does not tender such player, then the
player remains an Unrestricted Free Agent for the remainder of that League Year. An
Unrestricted Free Agent will be restricted in signing elsewhere, however, if he is
designated a Franchise or Transition Player.
Franchise Player
Each club may designate one player who would otherwise be an Unrestricted Free
Agent as a Franchise Player. The designation must be made within a two-week period
beginning on the twenty-second day preceding the first day of the new League Year and
will end at 4:00 p.m. New York time on the eighth day preceding the first day of the new
League Year. The club must tender the Franchise Player an offer equal to the formula
stated in Article 10 of the CBA or 120% of the player's Prior Year Salary, whichever is
greater. If the player's Club extends the nonexclusive tender offer, the Franchise Player
can seek offers from other clubs, but the old team can match the offer or receive two
first round draft choices from the offering team. If the player's club extends the exclusive
tender offer, the club retains exclusive rights to the player and he cannot negotiate with
other teams. Once signed by the player, the tender is fully guaranteed.
Transition Player
A club can elect to use a Transition Player designation for one Unrestricted Free Agent
instead of using a Franchise Player designation. If it does so, it must tender the player
an offer equal to the formula stated in Article 10 of the CBA or 120% of his Prior Year
Salary, whichever is greater. A Transition Player can obtain an offer from any other
team, but his old team can only match or not match the offer and it cannot collect any
draft choice compensation. Once signed by the Player, the tender is fully guaranteed.
Credited Seasons
Any season in which a player is on one of the following lists for at least three (3) regular
season or postseason games: Active List, Inactive List, Injured Reserve List or
Physically Unable to Perform List. Bye weeks do not count toward a player earning a
Credited Season. A player will also earn a Credited Season if he is released injured and
paid the equivalent of at least three (3) game checks. Earning Credited Seasons entitles
you to various benefits under the CBA. For instance, a player who has earned three (3)
or more Credited Seasons in the NFL qualifies to receive the pension benefit. Keep in
mind however, that the definition for Credited Seasons for Minimum Salary purposes is
slightly different. Please refer to CBA Article 26, Section 2 for more information.
Accrued Seasons:
A season during which a player has been on full pay status (Active, Inactive, Injured
Reserve List or Physically Unable to Perform due to a football related injury) for six (6)
or more regular season games. However, a player who is on the Exempt Commissioner
Permission List, the Reserve Physically Unable to Perform/Non Football Injury List or
the Practice squad for any of the six (6) qualifying games will not earn an Accrued
Season regardless of his pay status. Also, bye weeks do not count toward a player
The benefits of buying summaries with Stuvia:
Guaranteed quality through customer reviews
Stuvia customers have reviewed more than 700,000 summaries. This how you know that you are buying the best documents.
Quick and easy check-out
You can quickly pay through credit card or Stuvia-credit for the summaries. There is no membership needed.
Focus on what matters
Your fellow students write the study notes themselves, which is why the documents are always reliable and up-to-date. This ensures you quickly get to the core!
Frequently asked questions
What do I get when I buy this document?
You get a PDF, available immediately after your purchase. The purchased document is accessible anytime, anywhere and indefinitely through your profile.
Satisfaction guarantee: how does it work?
Our satisfaction guarantee ensures that you always find a study document that suits you well. You fill out a form, and our customer service team takes care of the rest.
Who am I buying these notes from?
Stuvia is a marketplace, so you are not buying this document from us, but from seller magdamwikash23. Stuvia facilitates payment to the seller.
Will I be stuck with a subscription?
No, you only buy these notes for $10.49. You're not tied to anything after your purchase.
