OT/Questions about reserve/futures contracts

by BeerCub on Jan 23, 2012 2:49 PM CST

Once a player gets signed to one of these contracts, do they draw a paycheck or do they have to wait until a certain, specified time? Is there a league minimum figure they all earn when on one?

Filler time. I'm asking because I'm involved in enforcing a child support order against a player on another team, and the team is stonewalling us on this issue. The player refuses to cooperate as well. Thanks in advance if anyone answers.

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Futures/reserve contracts don't go into effect until the next league year begins, to my knowledge.

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by Steven Schweickert on Jan 23, 2012 3:07 PM CST reply actions

Agree with SS

Believe they operate similar to regular contracts with paychecks coming in preseason/season. Get that dead beat!

If its free, take two.

by T.J. Shouse on Jan 23, 2012 3:33 PM CST via Android app reply actions

Thanks to both of you

I knew they were effective in March, but I wondered if they drew pay for March or had to wait for preseason pay, which I am led to believe is lower than the pay they begin to draw once the regular season starts.

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by BeerCub on Jan 23, 2012 7:46 PM CST up reply actions

This isn't directly on point, but

I think it may answer your question Question 1.11b has some relevant information

While we’re on the topic, let’s talk a bit more about signing bonuses.

Also included in the "bonus" are guaranteed reporting bonuses and guaranteed workout bonuses. Roster or reporting bonuses earned or paid before preseason training camp are also considered bonuses. Guaranteed salary advances or advances that do not have to be repaid are treated as signing bonuses. Money guaranteed or paid for option years, contract extensions, contract modifications, individually negotiated rights of first refusal, and option buyouts are considered signing bonuses. Reporting bonuses are treated as signing bonuses if the contract is signed after the start of training camp. Roster bonuses are also considered signing bonuses if the contract was signed after the last preseason game. Finally, individually negotiated relocation bonuses are treated as a signing bonus.

The non-guaranteed amount of any salary advance, off-season workout bonus, off-season roster bonus, or off-season reporting bonus is included in the team’s salary in the year it was earned. These bonuses cannot be prorated. "Guaranteed" refers to those bonuses that are fully guaranteed–regardless of skill, injury or termination of the contract.

Contracts signed, renegotiated, or extended in the final capped year are governed by a somewhat special set of rules if the signing bonus is to be paid to the player in the final capped season. In this situation, a salary advance that the player is not obligated to repay is considered a signing bonus. Any off-season workout bonus that calls for a player to participate in less than thirty-two days of the team’s program is also considered a signing bonus. Finally, all off-season reporting and roster bonuses are considered signing bonuses.

by MrPants on Jan 23, 2012 10:37 PM CST up reply actions