Justin Pugh agrees to contract; Ryan Nassib still unsigned

[Orangeyes]

http://www.syracuse.com/orangefootb...nts_first-round_pick_justin.html#incart_river

 

[Toga]

What is "offset language"?

 

[ConnectiCuse]

What is "offset language"?

What is offset language and why does it matter? It's slightly complex.
Thanks to the new CBA, first-round contracts are four-year deals with a fifth-year option for the team. That option must be picked up by the March following the player's third year. Once that is exercised, a player's fifth year of the contract (as much as $10 million) is guaranteed for injury. Essentially, teams will make decisions on their first-rounders after Year 3, determining whether or not they want to be on the hook for the remaining money.
But in the fourth year comes the debate over offset language. If there is offset language, it allows the team to save money when releasing a player. Let's say a first-rounder is due $2 million in his fourth year. If he's released, and then agrees to a $2 million deal with a new team, the original team is completely off the hook. He receives $2 million from his new club, and the team that drafted him washes its hands of the situation. If there is no offset language, the discarded player receives the guaranteed money from his original team and the full salary from his new team. The original team can't merely allow the new team to pay the remaining guaranteed money as part of the new deal.

 

[dasher]

What is offset language and why does it matter? It's slightly complex.
Thanks to the new CBA, first-round contracts are four-year deals with a fifth-year option for the team. That option must be picked up by the March following the player's third year. Once that is exercised, a player's fifth year of the contract (as much as $10 million) is guaranteed for injury. Essentially, teams will make decisions on their first-rounders after Year 3, determining whether or not they want to be on the hook for the remaining money.
But in the fourth year comes the debate over offset language. If there is offset language, it allows the team to save money when releasing a player. Let's say a first-rounder is due $2 million in his fourth year. If he's released, and then agrees to a $2 million deal with a new team, the original team is completely off the hook. He receives $2 million from his new club, and the team that drafted him washes its hands of the situation. If there is no offset language, the discarded player receives the guaranteed money from his original team and the full salary from his new team. The original team can't merely allow the new team to pay the remaining guaranteed money as part of the new deal.

typically, do baseball managers and football coaches have that in their contract?

 

[ConnectiCuse]

typically, do baseball managers and football coaches have that in their contract?

Not that I'm aware of.

 

[KaiserUEO]

What is offset language and why does it matter? It's slightly complex.
Thanks to the new CBA, first-round contracts are four-year deals with a fifth-year option for the team. That option must be picked up by the March following the player's third year. Once that is exercised, a player's fifth year of the contract (as much as $10 million) is guaranteed for injury. Essentially, teams will make decisions on their first-rounders after Year 3, determining whether or not they want to be on the hook for the remaining money.
But in the fourth year comes the debate over offset language. If there is offset language, it allows the team to save money when releasing a player. Let's say a first-rounder is due $2 million in his fourth year. If he's released, and then agrees to a $2 million deal with a new team, the original team is completely off the hook. He receives $2 million from his new club, and the team that drafted him washes its hands of the situation. If there is no offset language, the discarded player receives the guaranteed money from his original team and the full salary from his new team. The original team can't merely allow the new team to pay the remaining guaranteed money as part of the new deal.

Except in this situation this what offset language meant: the contract was done, it was on the table, Pugh was sitting at the table with a pen...it was just offset to the middle of the table and he couldn't reach it to sign. Nassib had to take time off from his negotiations to come move it closer.

This offset language was double whammy for Cuse guys trying to sign...

 

[OrangeXtreme]

http://www.giants.com/news-and-blog...sib-sign/71f6c85a-5bb4-4711-82bf-8302c852a463

Nassib in the house.

 

[Orangeyes]

Justin Pugh’s Four-Year Deal with New York Giants is 95.4% Guaranteed

 

[OrangeMojo]

Justin Pugh’s Four-Year Deal with New York Giants is 95.4% Guaranteed

article says that Nassib has now signed with the Giants as well

 

[Orangeyes]

CR South grad Pugh signs with Giants

 

[Orangeyes]

Fact or Fiction: Will OT Justin Pugh start?

 

[Rocco]

What is Nassib's contract? Any guarantees?