With a new agreement that has just been made, it has been made sure that we will have football on Sundays for the next 10 years.
Among the first to congratulate the new agreement was New England Patriots quarterback Tom Brady. He took it to social media to congratulate NFLPA Executive Director DeMaurice Smith for a job well done. “Well done De,” Brady wrote on Smith’s letter.
So, what does this new deal bring? This is what has been confirmed so far:
- Player’s revenue percentage will go from 47 to 48 percent, while owners’ will decrease from 53 to 52 percent starting in 2021. Depending on TV deals, that can spike and rise up to 48.8 percent for players (and will go up to 48.5 percent if/when a 17-game regular season, 3-game preseason is implemented)
- With the CBA approved teams can no longer use both the franchise and transition tags this offseason (was a one-time option this offseason)
- NFL players secure money for post-career benefits, including players who were not previously included
- Minimum salaries increase by roughly 20 percent, effective immediately
- Active roster will increase from 46 to 48 players, one player must be an extra offensive lineman
- Practice squads will expand from 10 players to 12 in 2020 and 2021 and to 14 starting in 2022 and practice squad salaries will rise.
There has been no confirmation on the start of free agency, as well as other contract structures and team funds. NFL Commissioner Roger Goodell came forward to share:
“We are pleased that the players have voted to ratify the proposed new CBA, which will provide substantial benefits to all current and retired players, increase jobs, ensure continued progress on player safety, and give our fans more and better football. We appreciate the tireless efforts of the members of the Management Council Executive Committee and the NFLPA leadership, both of whom devoted nearly a year to detailed, good faith negotiations to reach this comprehensive, transformative agreement.”
We congratulate the league on these changes!