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Old 07-23-2012   #1
WoodysGirl
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Default ESPND: Sources: Morris Claiborne agrees to 4-yr deal

By Todd Archer | ESPNDallas.com


IRVING, Texas -- The Dallas Cowboys have agreed to a four-year deal with first-round pick Morris Claiborne for $16.26 million, sources said Monday.

The cornerback is en route to Dallas and will be able to practice Wednesday at Valley Ranch when pre-training camp workouts begin.

The monetary value of the deal, which includes a signing bonus of $10.27 million, had been in place for weeks, but the offset language had been a sticking point for almost all of the top picks in the first round. According to sources, the deal contains no offset language.

Cleared medically, Claiborne will practice Wednesday when rookies, first-year players, quarterbacks and selective veterans report for camp. The first full-squad workout in Oxnard, Calif., takes place July 30.

Read more: http://espn.go.com/dallas/nfl/story/...on-sources-say
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Old 07-23-2012   #2
Denim Chicken
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Anyone know what offset language means?
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Old 07-23-2012   #3
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Quote:
Originally Posted by Denim Chicken View Post
Anyone know what offset language means?
I got this from NFL.com

Quote:
If there is offset language, it allows the team to save money when releasing a player. Let's say a first-rounder is due $2 million in his fourth year. If he's released, and then agrees to a $2 million deal with a new team, the original team is completely off the hook. He receives $2 million from his new club, and the team that drafted him washes its hands of the situation. If there is no offset language, the discarded player receives the guaranteed money from his original team and the full salary from his new team. The original team can't merely allow the new team to pay the remaining guaranteed money as part of the new deal.

OK, that was a lot to digest. To put it simply ... Offset language is what teams covet. No offset language -- double-dipping -- benefits the players.
http://www.nfl.com/news/story/09000d...ffset-language


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Old 07-24-2012   #4
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Thanks, 03EBZ06.
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