AP sources: NFL opt-out deadline set, salary cap relief OK'd - Sportsnet.ca

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NFL players who decide to opt out of the coming season reportedly must do so by Thursday afternoon.

There also are opt-out provisions for players who experience emergency or extenuating circumstances during the season due to the coronavirus, the person said, speaking to the AP on condition of anonymity Tuesday because the changes to the collective bargaining agreement have not been made public.

Any player who opts out and is in the high-risk category will receive a $350,000 stipend for 2020, with his contract paused. Players in the voluntary opt-out category will get $150,000 in the form of an advance on a contract. So, if a player signed a four-year contract with a $16 million signing bonus, the bonus normally would be applied against the cap at $4 million per season for four years. But the $4 million for 2020 will not be applied for another year, even though the player has collected his full bonus.

Previously, players who have no accredited seasons and undrafted free agents who fit into the high-risk category were not covered for the $350,00 stipend. Under the new agreement, they will be.

 

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