NFL AGENT COMPREHENSIVE QUESTIONS AND
ANSWERS SET A+
✔✔You also represent Player R. He signs a brand new veteran deal with the following
terms: a) 5 year deal; b) $12.5 million Signing Bonus; c) a $500,000 non-guaranteed
workout bonus every year; in addition the remaining terms of the contract are: a) Year 1:
Fully Guaranteed Salary: $2.5 million; b) Year 2: Fully Guaranteed Salary: $3.0 million;
$500,000 non-guaranteed Roster Bonus; $1.0 million non-guaranteed Report Bonus; c)
Year 3: Fully Guaranteed Salary: $3.5 million; $750,000 non-guaranteed Roster Bonus;
$1 million non-guaranteed Report Bonus; d) Year 4: Fully Guaranteed Salary: $4.0
million; $1 million non-guaranteed Roster Bonus; $1 million non-guaranteed Report
Bonus; g) Year 5: Non-guaranteed Salary: $4.5 million; $1.25 million non-guaranteed
Roster Bonus; $1 million non-guaranteed Report Bonus. All Roster bonuses are for
being on the roster on May 25th each year and all report bonuses are for reporting on
tim - ✔✔$8 million This question tests your knowledge of the June 1 cut rule - which
says that a player cut on June 1 or after will have; a) the current year's signing bonus
(SB) proration stay in that year; and b) all the remaining years SB proration will fall into
the next year. Therefore, for Player R, in Year 4, the following sits on the cap: a) $2.5
million of SB proration; b) Fully guaranteed salary of $4.0 million; c) the roster bonus
earned on May 25th of $1.0 million; d) a $500,000 workout bonus. This all adds up to
$8.0 million
✔✔Contract Advisor A signs Player H to a standard representation agreement which
provides for a fee to Contract Advisor A of 3%. Contract Advisor A then negotiates a
five-year contract for Player H, starting with the 2016 season, which provides for a
$1,000,000 salary each year. After Year 2 of the contract, Player H fires Contract
Advisor A and signs with Contract Advisor B. Contract Advisor B's Standard
Representation Agreement with Player H provides for a fee to Contract Advisor B of 2%.
Contract Advisor B then re-negotiates Player H's contract to $3,000,000 per year for the
next 5 years. What fee is due Contract Advisor A for the 2020 season? - ✔✔$30,000
Even though the salary for Player H in 2020 is $3,000,000, Contract Advisor A only
negotiated $1,000,000 of it. So Contract Advisor A gets his 3% of $1,000,000. As a side
note, Player H would then pay Contract Advisor B 2% of the other $2,000,000
, ✔✔Contract Advisor C signs Player X to a standard representation agreement that
provides for a fee to Contract Advisor C of 3%. Contract Advisor C then negotiates a
five-year contract for Player X, starting with the 2020 season, which provides for a
$3,000,000 salary each year. After Year 2 of the contract, Player X fires Contract
Advisor C and signs with Contract Advisor D. Contract Advisor D's Standard
Representation Agreement with Player X provides for a fee to Contract Advisor D of 2%.
Contract Advisor D then re-negotiates Player X's contract to $2,000,000 per year for the
next five years. What fee is due Contract Advisor D for the 2024 season? - ✔✔$13,333
The bottom line — Contract Advisor D, gets his 2% of 1/3 of the $2,000,000. There is a
multi-step math equation that is laid out in a document provided to all Contract Advisors.
✔✔What is the maximum length of time a player may remain in Stage 1 of the Program
on Substances of Abuse, absent an extension? - ✔✔60 days See Policy on Substances
of Abuse, Section 1.5.1(b)
✔✔For a player in Stage 2 of the Program on Substances of Abuse who has his 4th
Failure to Cooperate violation, the punishment is: - ✔✔A suspension of three games
✔✔Player A is drafted in the second round of the 2020 rookie draft. He signs his rookie
contract on June 1, 2020. The contract contains a signing bonus of $800,000.00 and a
first-year Paragraph 5 salary of $620,000.00. What is the maximum salary amount the
player may receive in year four of his rookie contract? - ✔✔$1,235,000.00 First you
must determine signing bonus proration, in this case $800K/4 years = $200K/yr. Then
add that number to the first year paragraph 5 salary. $620K + $200K = $820K. Then
apply the 25% Rule - multiply the $820K by 0.25 (25%) = $205K. That is the max yearly
increase. Then just add the numbers for each year: Year 1 - $620K Year 2 - $620K +
$205K = $825K Year 3 - $825K + $205K = $1030K Year 4 - $1030K + $205K = $1235K
✔✔A player is drafted in the seventh round of the 2020 NFL rookie draft and signs a
four-year contract with his club. The player is active for eight games in 2020, and 16
games in both 2021 and 2022. In 2023, how many games must the player be on full-pay
status to become eligible to be an unrestricted free agent in 2024? - ✔✔6 The Free
Agency system is based on Accrued Seasons. Players must be on full-pay status for 6
or more games to gain an accrued season. Players with 4 or more accrued seasons
become unrestricted free agents.
✔✔In 2020, a player hires Agent A to negotiate a four-year deal on his behalf. It is an
$8,000,000.00 contract that pays the player $2,000,000.00 per year in each year of the
contract. At the end of the third year (2022), the player terminates Agent A and hires
Agent B. Agent B then renegotiates a new three-year deal for the player. In this case,
the fourth year of the old contract and the first year of the new contract are the same
year: 2023. The new contract value is $3,000,000.00 per year through 2025. Both
agents' fees are 3% of the contract. How much does each agent get in 2023? -
✔✔Agent A receives $60,000.00. Agent B receives $30,000.00. Agent A is entitled to
ANSWERS SET A+
✔✔You also represent Player R. He signs a brand new veteran deal with the following
terms: a) 5 year deal; b) $12.5 million Signing Bonus; c) a $500,000 non-guaranteed
workout bonus every year; in addition the remaining terms of the contract are: a) Year 1:
Fully Guaranteed Salary: $2.5 million; b) Year 2: Fully Guaranteed Salary: $3.0 million;
$500,000 non-guaranteed Roster Bonus; $1.0 million non-guaranteed Report Bonus; c)
Year 3: Fully Guaranteed Salary: $3.5 million; $750,000 non-guaranteed Roster Bonus;
$1 million non-guaranteed Report Bonus; d) Year 4: Fully Guaranteed Salary: $4.0
million; $1 million non-guaranteed Roster Bonus; $1 million non-guaranteed Report
Bonus; g) Year 5: Non-guaranteed Salary: $4.5 million; $1.25 million non-guaranteed
Roster Bonus; $1 million non-guaranteed Report Bonus. All Roster bonuses are for
being on the roster on May 25th each year and all report bonuses are for reporting on
tim - ✔✔$8 million This question tests your knowledge of the June 1 cut rule - which
says that a player cut on June 1 or after will have; a) the current year's signing bonus
(SB) proration stay in that year; and b) all the remaining years SB proration will fall into
the next year. Therefore, for Player R, in Year 4, the following sits on the cap: a) $2.5
million of SB proration; b) Fully guaranteed salary of $4.0 million; c) the roster bonus
earned on May 25th of $1.0 million; d) a $500,000 workout bonus. This all adds up to
$8.0 million
✔✔Contract Advisor A signs Player H to a standard representation agreement which
provides for a fee to Contract Advisor A of 3%. Contract Advisor A then negotiates a
five-year contract for Player H, starting with the 2016 season, which provides for a
$1,000,000 salary each year. After Year 2 of the contract, Player H fires Contract
Advisor A and signs with Contract Advisor B. Contract Advisor B's Standard
Representation Agreement with Player H provides for a fee to Contract Advisor B of 2%.
Contract Advisor B then re-negotiates Player H's contract to $3,000,000 per year for the
next 5 years. What fee is due Contract Advisor A for the 2020 season? - ✔✔$30,000
Even though the salary for Player H in 2020 is $3,000,000, Contract Advisor A only
negotiated $1,000,000 of it. So Contract Advisor A gets his 3% of $1,000,000. As a side
note, Player H would then pay Contract Advisor B 2% of the other $2,000,000
, ✔✔Contract Advisor C signs Player X to a standard representation agreement that
provides for a fee to Contract Advisor C of 3%. Contract Advisor C then negotiates a
five-year contract for Player X, starting with the 2020 season, which provides for a
$3,000,000 salary each year. After Year 2 of the contract, Player X fires Contract
Advisor C and signs with Contract Advisor D. Contract Advisor D's Standard
Representation Agreement with Player X provides for a fee to Contract Advisor D of 2%.
Contract Advisor D then re-negotiates Player X's contract to $2,000,000 per year for the
next five years. What fee is due Contract Advisor D for the 2024 season? - ✔✔$13,333
The bottom line — Contract Advisor D, gets his 2% of 1/3 of the $2,000,000. There is a
multi-step math equation that is laid out in a document provided to all Contract Advisors.
✔✔What is the maximum length of time a player may remain in Stage 1 of the Program
on Substances of Abuse, absent an extension? - ✔✔60 days See Policy on Substances
of Abuse, Section 1.5.1(b)
✔✔For a player in Stage 2 of the Program on Substances of Abuse who has his 4th
Failure to Cooperate violation, the punishment is: - ✔✔A suspension of three games
✔✔Player A is drafted in the second round of the 2020 rookie draft. He signs his rookie
contract on June 1, 2020. The contract contains a signing bonus of $800,000.00 and a
first-year Paragraph 5 salary of $620,000.00. What is the maximum salary amount the
player may receive in year four of his rookie contract? - ✔✔$1,235,000.00 First you
must determine signing bonus proration, in this case $800K/4 years = $200K/yr. Then
add that number to the first year paragraph 5 salary. $620K + $200K = $820K. Then
apply the 25% Rule - multiply the $820K by 0.25 (25%) = $205K. That is the max yearly
increase. Then just add the numbers for each year: Year 1 - $620K Year 2 - $620K +
$205K = $825K Year 3 - $825K + $205K = $1030K Year 4 - $1030K + $205K = $1235K
✔✔A player is drafted in the seventh round of the 2020 NFL rookie draft and signs a
four-year contract with his club. The player is active for eight games in 2020, and 16
games in both 2021 and 2022. In 2023, how many games must the player be on full-pay
status to become eligible to be an unrestricted free agent in 2024? - ✔✔6 The Free
Agency system is based on Accrued Seasons. Players must be on full-pay status for 6
or more games to gain an accrued season. Players with 4 or more accrued seasons
become unrestricted free agents.
✔✔In 2020, a player hires Agent A to negotiate a four-year deal on his behalf. It is an
$8,000,000.00 contract that pays the player $2,000,000.00 per year in each year of the
contract. At the end of the third year (2022), the player terminates Agent A and hires
Agent B. Agent B then renegotiates a new three-year deal for the player. In this case,
the fourth year of the old contract and the first year of the new contract are the same
year: 2023. The new contract value is $3,000,000.00 per year through 2025. Both
agents' fees are 3% of the contract. How much does each agent get in 2023? -
✔✔Agent A receives $60,000.00. Agent B receives $30,000.00. Agent A is entitled to
