NFL Agent Elaborate Exam Study
Questions with Detailed Answers |
Brand New Version
1. NFL Player Contract - ANSWER A written agreement or series of such
agreements executed at or about the same time between a person and an
NFL Club pursuant to which such person is employed by such Club as a
professional football player.
2. Collective Bargaining Agreement (CBA) - ANSWER The union contract
between the NFL Players Association and the NFL Management Council
covering the terms and conditions of employment of all NFL players.
3. Transition Player - ANSWER A club can elect to use a Transition Player
designation for one Unrestricted Free Agent instead of using a Franchise
Player designation. If it does so, it must tender the player an offer equal to
the formula stated in Article 10 of the CBA or 120% of his Prior Year
Salary, whichever is greater. A Transition Player can obtain an offer from
any other team, but his old team can only match or not match the offer and it
cannot collect any draft choice compensation. Once signed by the Player, the
tender is fully guaranteed.
4. Credited Seasons - ANSWER Any season in which a player is on one of the
following lists for at least three (3) regular season or postseason games:
Active List, Inactive List, Injured Reserve List or Physically Unable to
Perform List. Bye weeks do not count toward a player earning a Credited
Season. A player will also earn a Credited Season if he is released injured
and paid the equivalent of at least three (3) game checks. Earning Credited
Seasons entitles you to various benefits under the CBA. For instance, a
player who has earned three (3) or more Credited Seasons in the NFL
, qualifies to receive the pension benefit. Keep in mind however, that the
definition for Credited Seasons for Minimum Salary purposes is slightly
different. Please refer to CBA Article 26, Section 2 for more information.
5. Accrued Seasons: - ANSWER A season during which a player has been on
full pay status (Active, Inactive, Injured Reserve List or Physically Unable
to Perform due to a football related injury) for six (6) or more regular season
games. However, a player who is on the Exempt Commissioner Permission
List, the Reserve Physically Unable to Perform/Non Football Injury List or
the Practice squad for any of the six (6) qualifying games will not earn an
Accrued Season regardless of his pay status. Also, bye weeks do not count
toward a player earning and Accrued Season. Earning an Accrued Season
entitles a player to advance through the free agency system which governs a
player's negotiating rights once his contract has expired. A player with four
(4) or more Accrued Seasons becomes an Unrestricted Free Agent once his
contract expires (unless he is designated a Franchise or Transition Player).
Also, a player with three (3) Accrued Seasons when his contract expires
becomes a Restricted Free Agent, assuming his Club makes the appropriate
Qualifying Offer. A player with less than three (3) Accrued Seasons when
his contract expires becomes and Exclusive Rights Player, assuming his
Club makes the appropriate tender.
6. Salary Cap - ANSWER The absolute maximum amount of Salary that each
Club may pay or be obligated to pay or provide to its players at any time
during a particular League Year, in accordance with the rules set forth in
CBA Article 13 (Salary Cap Accounting Rules).
7. All Revenues or "AR" - ANSWER All of the League and Team Revenues
that are included within the definition of All Revenues, as set forth in CBA
Article 12.
,8. Team Salary - ANSWER The Team's aggregate Salary for Salary Cap
purposes, as calculated in accordance with the rules set forth in CBA Article
13 (Salary Cap Accounting Rules).
9. Room - ANSWER The extent to which a Team's then-current Team Salary
is less than the Salary Cap (as described in CBA Article 13) and/or the
extent to which a Team's Rookie Salary is less than the Year-One Rookie
Allocation (as described in CBA Article 7).
10.Prorated Signing Bonuses - ANSWER The manner in which a player's
signing bonus is prorated over the years covered by the contract for salary
cap purposes, as set forth in CBA Article 13 (Salary Cap Accounting Rules)
Section 6(b)(i). The maximum number of years to prorate a signing bonus is
five (5).
11.Likely to be Earned (LTBE) Bonuses - ANSWER Incentive bonuses
included in Team Salary for Salary Cap purposes based on the player's
and/or team's performance during the prior year, as set forth in CBA Article
13 Section 6(c) and accompanying charts.
12.Not Likely to be Earned (NLTBE) Bonuses - ANSWER Incentive bonuses
not included in Team Salary for Salary Cap purposes based on the player's
and/or team's performance during the prior year, as set forth in CBA Article
13 Section 6(c) and accompanying charts.
13.Draft or College Draft - ANSWER The NFL's annual draft of Rookie
football players described in CBA Article 6 (College Draft).
14.Drafted Rookie - ANSWER A person who is selected in the current League
Year's Draft or whose Draft rights are held, or continue to be held, consistent
, with this Agreement, by an NFL Club that selected the Rookie in a prior
Draft.
15.Required Tender - ANSWER A Player Contract tender that a Club is
required to make to a player pursuant to the CBA, either as a matter of right
with respect to the player, or to receive Rights of First Refusal, Draft Choice
Compensation and/or other rights with respect to the player, as specified in
the CBA.
16.Right of First Refusal - ANSWER The right of an NFL Club, as described
in CBA Articles 9 (Veteran Free Agency) and 10 (Franchise and Transition
Players) to retain the services of certain Veteran players by matching offers
made to those players.
17.Draft Choice Compensation - ANSWER The right of any Club, as described
in CBA Articles 9 (Veteran Free Agency) and Article 10 (Franchise and
Transition Players) to receive draft pick(s) from any other Club.
18.Exclusive Rights Player - ANSWER A player whose contract expires at a
time when he has less than three Accrued Seasons in the NFL cannot market
his services to other clubs if his old club gives him a minimum salary tender,
as described in CBA Article 8, on or before the last day of that League Year.
If the tender is provided, this player can only re-sign with his old club
(unless the tender is later withdrawn).
19.restricted free agent - ANSWER A player whose contract expires when he
has earned three (3) Accrued Seasons. If his old club provides him with a
sufficient "Qualifying Offer", as described in CBA Article 9, on or before
the last day of that League Year, it retains the right to either match an offer
the player may get from another club or to receive draft choice
compensation from the club making the offer. The Qualifying Offer is based
on the level of draft choices the old club wants to receive. For example, the
Questions with Detailed Answers |
Brand New Version
1. NFL Player Contract - ANSWER A written agreement or series of such
agreements executed at or about the same time between a person and an
NFL Club pursuant to which such person is employed by such Club as a
professional football player.
2. Collective Bargaining Agreement (CBA) - ANSWER The union contract
between the NFL Players Association and the NFL Management Council
covering the terms and conditions of employment of all NFL players.
3. Transition Player - ANSWER A club can elect to use a Transition Player
designation for one Unrestricted Free Agent instead of using a Franchise
Player designation. If it does so, it must tender the player an offer equal to
the formula stated in Article 10 of the CBA or 120% of his Prior Year
Salary, whichever is greater. A Transition Player can obtain an offer from
any other team, but his old team can only match or not match the offer and it
cannot collect any draft choice compensation. Once signed by the Player, the
tender is fully guaranteed.
4. Credited Seasons - ANSWER Any season in which a player is on one of the
following lists for at least three (3) regular season or postseason games:
Active List, Inactive List, Injured Reserve List or Physically Unable to
Perform List. Bye weeks do not count toward a player earning a Credited
Season. A player will also earn a Credited Season if he is released injured
and paid the equivalent of at least three (3) game checks. Earning Credited
Seasons entitles you to various benefits under the CBA. For instance, a
player who has earned three (3) or more Credited Seasons in the NFL
, qualifies to receive the pension benefit. Keep in mind however, that the
definition for Credited Seasons for Minimum Salary purposes is slightly
different. Please refer to CBA Article 26, Section 2 for more information.
5. Accrued Seasons: - ANSWER A season during which a player has been on
full pay status (Active, Inactive, Injured Reserve List or Physically Unable
to Perform due to a football related injury) for six (6) or more regular season
games. However, a player who is on the Exempt Commissioner Permission
List, the Reserve Physically Unable to Perform/Non Football Injury List or
the Practice squad for any of the six (6) qualifying games will not earn an
Accrued Season regardless of his pay status. Also, bye weeks do not count
toward a player earning and Accrued Season. Earning an Accrued Season
entitles a player to advance through the free agency system which governs a
player's negotiating rights once his contract has expired. A player with four
(4) or more Accrued Seasons becomes an Unrestricted Free Agent once his
contract expires (unless he is designated a Franchise or Transition Player).
Also, a player with three (3) Accrued Seasons when his contract expires
becomes a Restricted Free Agent, assuming his Club makes the appropriate
Qualifying Offer. A player with less than three (3) Accrued Seasons when
his contract expires becomes and Exclusive Rights Player, assuming his
Club makes the appropriate tender.
6. Salary Cap - ANSWER The absolute maximum amount of Salary that each
Club may pay or be obligated to pay or provide to its players at any time
during a particular League Year, in accordance with the rules set forth in
CBA Article 13 (Salary Cap Accounting Rules).
7. All Revenues or "AR" - ANSWER All of the League and Team Revenues
that are included within the definition of All Revenues, as set forth in CBA
Article 12.
,8. Team Salary - ANSWER The Team's aggregate Salary for Salary Cap
purposes, as calculated in accordance with the rules set forth in CBA Article
13 (Salary Cap Accounting Rules).
9. Room - ANSWER The extent to which a Team's then-current Team Salary
is less than the Salary Cap (as described in CBA Article 13) and/or the
extent to which a Team's Rookie Salary is less than the Year-One Rookie
Allocation (as described in CBA Article 7).
10.Prorated Signing Bonuses - ANSWER The manner in which a player's
signing bonus is prorated over the years covered by the contract for salary
cap purposes, as set forth in CBA Article 13 (Salary Cap Accounting Rules)
Section 6(b)(i). The maximum number of years to prorate a signing bonus is
five (5).
11.Likely to be Earned (LTBE) Bonuses - ANSWER Incentive bonuses
included in Team Salary for Salary Cap purposes based on the player's
and/or team's performance during the prior year, as set forth in CBA Article
13 Section 6(c) and accompanying charts.
12.Not Likely to be Earned (NLTBE) Bonuses - ANSWER Incentive bonuses
not included in Team Salary for Salary Cap purposes based on the player's
and/or team's performance during the prior year, as set forth in CBA Article
13 Section 6(c) and accompanying charts.
13.Draft or College Draft - ANSWER The NFL's annual draft of Rookie
football players described in CBA Article 6 (College Draft).
14.Drafted Rookie - ANSWER A person who is selected in the current League
Year's Draft or whose Draft rights are held, or continue to be held, consistent
, with this Agreement, by an NFL Club that selected the Rookie in a prior
Draft.
15.Required Tender - ANSWER A Player Contract tender that a Club is
required to make to a player pursuant to the CBA, either as a matter of right
with respect to the player, or to receive Rights of First Refusal, Draft Choice
Compensation and/or other rights with respect to the player, as specified in
the CBA.
16.Right of First Refusal - ANSWER The right of an NFL Club, as described
in CBA Articles 9 (Veteran Free Agency) and 10 (Franchise and Transition
Players) to retain the services of certain Veteran players by matching offers
made to those players.
17.Draft Choice Compensation - ANSWER The right of any Club, as described
in CBA Articles 9 (Veteran Free Agency) and Article 10 (Franchise and
Transition Players) to receive draft pick(s) from any other Club.
18.Exclusive Rights Player - ANSWER A player whose contract expires at a
time when he has less than three Accrued Seasons in the NFL cannot market
his services to other clubs if his old club gives him a minimum salary tender,
as described in CBA Article 8, on or before the last day of that League Year.
If the tender is provided, this player can only re-sign with his old club
(unless the tender is later withdrawn).
19.restricted free agent - ANSWER A player whose contract expires when he
has earned three (3) Accrued Seasons. If his old club provides him with a
sufficient "Qualifying Offer", as described in CBA Article 9, on or before
the last day of that League Year, it retains the right to either match an offer
the player may get from another club or to receive draft choice
compensation from the club making the offer. The Qualifying Offer is based
on the level of draft choices the old club wants to receive. For example, the
