It’s rarely that you see an NFL gamer voluntarily take a pay cut, yet that’s precisely what Aaron Rodgers provided for the Jets on Thursday. In his brand-new two-year offer, Rodgers will certainly be making $33.7 million LESS than what he was arranged to make under the regards to his old agreement.
Although it was unexpected to see Rodgers take such a huge pay cut, that may really be one of the most unexpected component of the circumstance which’s due to the fact that the four-time MVP was obviously attempting to exercise a method to earn money without really obtaining any kind of cash money.
If you’re asking yourself just how that would certainly function, Pro Football Talk has the solution. According to PFT, Rodgers was attempting to obtain possession equity infiltrated his agreement. If he had actually had the ability to do that, the Jets would certainly have provided him a tiny risk in the group that would certainly have changed several of the money in his offer.
It’s unclear just how the Jets really felt regarding this proposition, due to the fact that they never ever obtained a possibility to react. According to the Sports Organization Journal, NFL proprietors really elected simply recently to place a restriction on providing possession equity to gamers or group workers. This brand-new policy was handed down July 20, the very same day that the proprietors authorized the sale of the Leaders to Josh Harris.
SBJ provided several reasons the proprietors determined to apply this policy. On the gamers’ end, both most significant ones are:
- 1. Proprietors do not desire gamers provided equity due to the fact that it might trigger problems with the wage cap.
- 2. Not all NFL groups have the very same capability to release equity, which might place several groups at a drawback.
As for Rodgers goes, it appears that he was most likely promoting possession equity in his agreement, yet he certainly needed to surrender on that particular after the NFL determined to outlaw it. It’s probably not a coincidence that Rodgers wound up authorizing his brand-new offer much less than a week after the brand-new policy entered into impact.