Post by Admin on Mar 22, 2013 13:28:54 GMT -5
13) Retirements and Player Death
a) When a player retires from the NFL, the team owner can drop the player from the roster without penalty.
b) If that player later announces a return to the NFL, that team has retained the rights for the length of his original contract.
c) The team owner must decide within 1 week of the player becoming un-retired whether to acquire the player again for the same contract terms as the player had prior to retiring, or relinquish his rights to the player.
d) It is each team owner's individual responsibility to monitor their own retired players, and to notify the commissioner if they wish to reinstate any players in this scenario.
e) Once the 1 week period expires, the un-retired player is considered a free agent and may be acquired by another team as per the usual free agency processes.
f) If the player was retired for 2 seasons and then returns to the NFL, these two years are not reimbursed to the original contract.
Example: In 2010, Brett Favre is signed to a 5 year contract. In 2011 Brett Favre retires from the NFL. In 2013, Brett Favre returns to the NFL, therefore the team owner who signed him to a 5 year deal still retains the rights to the player who will be in the 4th year of his original 5 year contact.
g) If a player passes away whilst under contract, this player will be dropped from their contract without salary cap penalty.
a) When a player retires from the NFL, the team owner can drop the player from the roster without penalty.
b) If that player later announces a return to the NFL, that team has retained the rights for the length of his original contract.
c) The team owner must decide within 1 week of the player becoming un-retired whether to acquire the player again for the same contract terms as the player had prior to retiring, or relinquish his rights to the player.
d) It is each team owner's individual responsibility to monitor their own retired players, and to notify the commissioner if they wish to reinstate any players in this scenario.
e) Once the 1 week period expires, the un-retired player is considered a free agent and may be acquired by another team as per the usual free agency processes.
f) If the player was retired for 2 seasons and then returns to the NFL, these two years are not reimbursed to the original contract.
Example: In 2010, Brett Favre is signed to a 5 year contract. In 2011 Brett Favre retires from the NFL. In 2013, Brett Favre returns to the NFL, therefore the team owner who signed him to a 5 year deal still retains the rights to the player who will be in the 4th year of his original 5 year contact.
g) If a player passes away whilst under contract, this player will be dropped from their contract without salary cap penalty.