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Closing Bell

NFL's Proposal On Rookie Wages Would Free Up $1.2B By '16

Evidence from documents indicates the NFL's proposal to players for a rookie compensation system would divert about $300M a year "from first-round draft picks' contracts to veterans and player benefits." The offer would free more than $1.2B by '16 and "slow the growth rate of guaranteed payments to first-rounders." The system "would not include a rookie wage scale and would allow for individual contract negotiations." Contracts "would have a fixed length of four years" for players chosen in rounds 2-7 and "would not affect salaries for those rounds" (AP, 4/13).

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