Listen: Khalil Mack, Aaron Rodgers, NFL discussed on The Business of Sports With Andrew Brandt
"Rance addition, what am I gonna talk about today is really talking about rookie contracts in the NFL. It's a one sided affair at has been. It's kind of agreed to buy not only the owners, but the players we'll talk about that also wanna talk about the NBA in Adam, silver, the progressive leaders in the space of gaming in sports, gambling, sports betting. Interesting partnership ahead that could have some ramifications, and we'll also talk about holdouts in the NFL including Aaron, Aaron, Donald, and Khalil Mack. The difference between the two. In what may happen going forward in this branch. Rance addition, we'll start with these rookie contracts. And the reason I started because there's still one of the two hundred fifty six drafted players that has yet to sign is in Chicago's numbers roquan Smith. He's represented by CA. Why hasn't he signed? Lot of things could go into it. One of the reasons seems to be some language. You know, when the CBS was done the owners and players agreed on Canada, predetermined compensation for really every one of these two hundred fifty six graphics, what they'll make a bonus what the makeover, four years. They're all four year contracts. What they did not preset a predetermined or prefabricate like they did. The money was the language. So that leaves each team up to its own devices in terms of what kind of language they're gonna put in the contract and teams are smart and teams know they have leverage in teams are crafting and drafting owners language. That's very one sided towards the team. So. The agents have gotten their pound of flesh in this new CBA with guaranteed contracts, at least the top of the draft the first twenty or so picks or fully guaranteed contracts than twenty through thirty to have some level of guarantee in the fourth year, not a full guarantee. That's the pound of flesh. In fact, those twenty contracts with the only four year guaranteed contracts in the whole NFL. Kirk cousins doesn't have one. Aaron Rodgers doesn't have one prom, Brady surly done have one. It's the rookies that got that. But the owners teams got smart, they are. I will give these guarantees, but we're going to mitigate a risk Knowlton every contract is about mitigation of risk and how do you control and manage the risk? Because listen, you never know at the signing where everyone's happy and taking pictures shaken hands. If the players gonna be undervalued over vowed, if the players going to be a bust or not are hall of Famer, or if the player's going to be off the field problem or character asset. So these are things you don't know as you look forward when you're signing players, but the contract can mitigate the risk. One of the major mitigation factors we've talked about with rookie contracts is offset offset is you're going to give them a four year guarantee. But if you cut him before the end of those four years, and he goes to another team that amount paid from the other team is offset against what you, it's a mitigation of risk teams are getting this in. I think the Rams are the only team that doesn't seem to care about this. Every other team is like, yeah, we're forcing to do that. Even number one, pick Baker Mayfield. He signed with offsets the other way. Teams are forging. There will imposing their will with guaranteed contracts.."