Football

NFL Free Agency Deadline Moved Up To May 12

NFL Free Agency Deadline Moved Up To May 12

nfl free agency deadline changes 2015

The NFL is making sure that teams make up their minds much quicker on their team picks as they’re moving the free agency deadline from June 1 to May 12. The decision wasn’t made lightly as you can see below what they had to take in mind before setting the May 12 date.

June 1st used to be the date where after it came and went NFL clubs would cut veteran players that they no longer wanted who had multiple years left on their contract. Teams could cut the player after June 1st and not absorb the full amortization of the contract in the current year, instead pushing it to the next fiscal year.

The date lost its punch when the NFL allowed teams to cut up to two players prior to June 1st, yet still designate them as post-June 1st cuts to move their cap hits into the next year.

The only real significance left to the date is if free agents are signed after June 1st they don’t factor into determining whether a team had a net loss of free agents which is the primary criteria to qualify clubs for compensatory picks. Now that date will be May 12th, which will allow players who sign after that date to participate in most of the offseason practices with their new club (OTAs, minicamp, etc.).

Years ago, June 1 had extreme significance on the NFL calendar.  Teams looking to reduce the cap hit from cutting a veteran player would wait until June 1, resulting in half or more of the acceleration to hit the cap in the following league year.

In 2006, the NFL changed the rule, allowing teams to cut two players per year before June 1, with a June 1 designation.  Few teams currently have cap issues; as a result, the entire notion of using the designation or waiting until June 1 to cut a player has become largely irrelevant.

June 1 had continued significance for another reason.  After June 1, unrestricted free agents signed by other teams don’t count toward the compensatory draft-pick formula.  Starting this year, that date will move from June 1 to May 12, according to the league office.

The Competition Committee had been considering shifting the date from June 1 to May 1.  With the draft still happening as of May 1, it makes sense to let the draft end and to let the dust settle before allowing free agents to sign without the move helping their former team or potentially hurting their new one.

The shift gives free agents more of an opportunity to participate in the offseason program.  It also gives teams reason to wait on adding some of the currently available free agents, in order to avoid reducing their potential haul of compensatory picks.

The Ravens have mastered the craft of waiting to sign unrestricted free agents until the deadline has come and gone.  Today’s addition of quarterback Matt Schaub doesn’t change that.  Because he was cut by the Raiders, Schaub’s addition neither helps the Raiders nor hurts the Ravens when it comes to determining compensatory selections.

Football
@movietvtechgeek

Jackie Warner is the go to person for all types of reviews at Movie TV Tech Geeks News. She's also the lucky one to get to test all of our Cool Stuff Tech and Toys for review.

More in Football

jabrill peppers sees draft stock drop after positive drug test 2017 images

Jabrill Peppers sees draft stock drop after positive drug test

Chris MauriceApril 25, 2017
aaron hernandez saga ends with funeral 2017 images

Aaron Hernandez saga ends with funeral

Luka AlarioApril 24, 2017
aaron hernandez made it hard to feel bad for his suicide attempt in prison

It’s Hard to Feel Bad for Aaron Hernandez

Chris MauriceApril 20, 2017
ray rice making himself face of nfl domestic violence education 2017 images

Ray Rice making himself face of NFL domestic violence education

Chris MauriceApril 18, 2017
nfl celebration penalties debate rages on 2017 images

NFL celebration penalties debate rages on

Chris MauriceApril 17, 2017
marshawn lynch oakland raiders deal not quite real but good pr stunt 2017 images

Marshawn Lynch Raiders deal not quite real but good PR stunt

Chris MauriceApril 15, 2017
nfl not so charitable for arm wrestling championship players 2017 images

NFL not so charitable for Arm Wrestling Championship players

Chris MauriceApril 11, 2017
buster skrine not big on rebuilding jets in new york 2017 images

Buster Skrine not big on rebuilding Jets in New York

Chris MauriceApril 9, 2017
dion jordan cut loose from miami dolphins 2017 images

Dion Jordan cut loose from Miami Dolphins

Chris MauriceApril 6, 2017

Subscribe to our Daily Newsletter

You will only receive one per day. You'll also get a free THE WALKING DEAD graphic novel with your subscription