Exam (elaborations)
NLFPA Agents (1)
Exam of 21 pages for the course NY Life, Accident, and Health Insurance Agent/Brok at NY Life, Accident, and Health Insurance Agent/Brok (NLFPA Agents (1))
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NLFPA AgentsThis amount of money comes from all sources by the NFL and all NFL Clubs within a league
year - ANS-Aggregate Revenue
The percentage of AR the players receive comes from three "buckets" of revenues. What are
the three buckets - ANS-League Media (TV, radio, etc.) - 55%
NFL ventures/Post-Season (NFL Network, NFL Films, NFL Properties) - 45%
Local Club Revenues - 40%
The Salary Cap is between ____% and ____% of AR over the life of the current CBA. - ANS-48
- 48.5
__________ are used to move a player through the Free Agency system. - ANS-Accrued
Seasons
__________ are used for Player Benefits - ANS-Credited Seasons
A player receives an Accrued Season when they are on Full-Pay status for __________ -
ANS-6 or more regular season games
What are the four categories of unsigned players? - ANS-1. Drafted or Undrafted Rookie
(UDFA)
2. Exclusive Rights Free Agent (ERFA)
3. Restricted Free Agent (RFA)
4. Unrestricted Free Agent (UFA)
Exclusive rights free agents have ______ number of Accrued seasons? - ANS-0 - 2
Restricted Free Agents have ______ number of accrued seasons - ANS-3
Unrestricted Free Agents have _____ number of accrued seasons - ANS-4
A player is eligible for the College Draft once he is ________ seasons removed from High
School. - ANS-3 seasons
When a _________ ________ signs he will automatically receive a 4-year tender for the
appropriate minimum active/inactive compensation number. - ANS-Drafted player
Undrafted players receive what length of contract? - ANS-3 years
First round draft picks are eligible for a : - ANS-5th year option
,Rookie allocation pool increases somewhat each year. Rather than divide that number equally
among the 32 Clubs, ________________________________ - ANS-each Club is allocated a
different dollar amount, and that dollar amount is based on the order in which they select in the
draft, as well as the number of picks they have.
5th year options are exercised by _____ - ANS-the team
Clubs must exercise a 5th year option by: - ANS-the end of the player's third season.
The Year 5 Compensation changed in 2018, and is now based on __________________ -
ANS-certain qualifying criteria during the first 3 years of the contract.
5th year option qualifier: No Pro Bowls & <75% participation; or Cumulative avg of 75%
participation: or participate in a cumulative 50% of plays in each of the 3 years. What
compensation will the player receive? - ANS-Transition Tender (3rd-25th highest salaries at
same position)
5th year option qualifier: or Cumulative avg of 75% participation: or participate in a cumulative
75% of plays in each of the 3 years. what compensation will the player receive? -
ANS-Transition Tender (3rd-20th highest salaries at same position)
5th year option qualifier: One (1) Pro Bowl (on original ballot) - ANS-Transition Tender
5th year option qualifier: Two (2) or more Pro Bowls (on original ballot) - ANS-Franchise Tender
Rookie contracts must be signed by ________________________. Of course, as a matter of
practicality, the majority of players sign prior to the start of camp. - ANS-the Tuesday after Week
10 of the regular season.
Minimum tenders for ERFA players are due by the _____________________. The tender offer
gives exclusive rights to the offering Club, and must be at least the minimum applicable salary. -
ANS-1st day of the League Year.
The deadline to sign the minimum tender offer for an ERFA is _________________________ -
ANS-he Tuesday after week 10 of the regular season.
There are no _______ on tender offers for _______ players. - ANS-Splits for ERFA
RFA Qualifying offers are due by ______________________ - ANS-the 1st day of the League
Year.
A player has _____ days to shop around after receiving a qualifying offer - ANS-35
, Qualifying offer: The offering Club has ____________________ on an offer made to the player
by another Club. - ANS-Right of First Refusal (ROFR)
The tender deadline for UFA players are due by _________. A Club can offer ______ of the
previous year's salary. - ANS-June 1st - 110%
A Club may designate a Franchise Player from the _____________ day prior to the start of the
League Year. It may be more easily described as __________________________ - ANS-22nd
to the 8th day - 14 day period ending 8 days before the start of the League Year.
The Franchise Tag entitles the player to a salary that is equal to _______________ - ANS-"the
average of the top 5 salaries at the player's position averaged over 5 years as a percentage of
the cap, or 120% of the player's previous year's salary, whichever is greater".
The original intent of the Franchise designation was to encourage long-term deals. After a
player is designated, if a long-term deal is signed by ________ (4:00pm EST), the Tag then
becomes available for the Club to use on another player the following year. After ________, the
player may only sign a _______ - ANS-July 15th - 1 year deal
If a player is tagged a 2nd time in his career,________________ - ANS-the same rules apply to
his compensation.
If a player is tagged a 3rd time in his career. what will his compensation be? - ANS-Salary will
be the greater of the average of the top 5 salaries, regardless of position (usually will be QB's),
or 144% of the player's previous year salary.
Players with less than _____ credited seasons are always subject to the ________. - ANS-4 -
waiver system
In-season, there is a _______ period in which a Club may submit a waiver claim for a player
and priority is based on ________ - ANS-24-hour - team standings from the previous year
(order of draft).
It is important to note that a players contract is not __________ - ANS-actually terminated until
he clears waivers.
Players with ___ or more credited seasons are only held to the waiver system until after the
______ (the Tuesday after _______ of the regular season). - ANS-4 - trade deadline - week 8
If the player is claimed, and has a "no-trade" clause in his contract, he can _________. If he
does not have that clause, he may ______________ - ANS-declare Free Agency at the end of
that season - he may declare Free Agency one year later.
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