NFL Proposing Player Salaries Be Held In Escrow
4 years agoThe National Football League Players Association informed its board of representatives on Tuesday that the league proposed 35 percent of player salaries be held in escrow to help manage costs during the 2020 season, according to sources. It comes as COVID-19 has created uncertainty for the upcoming season, with the league and players undecided on aspects of testing, preseason games and training camp structure. The league's proposal wasn't well-received by the players, with NFLPA executive Don Davis saying, "Basically, we told them to kick rocks." The NFLPA's stance is that any escrow deal would need to be collectively bargained. The NFL has a lot to work out before training camps and the regular season can start on time amid the coronavirus pandemic.
Source: NFL Network - Tom Pelissero
Source: NFL Network - Tom Pelissero