Report: NFLPA considering change in players pay schedule
The National Football Players Association is consider a change to how many times a year a player receives a check in an effort to help players manage their money, reports Tom Pelissero of USA Today.
According to the report, players union reps are visiting NFL locker rooms and presenting a number of resolutions, including paying players their base salaries year-round.
Currently, most teams issue game checks for each of the 17 weeks of the NFL schedule and nothing during the offseason.
The Tennessee Titans pay a majority of players' salaries from September to January, including a payout in March. A new proposal would have a player receiving a check 26 times a year.
More from USA Today:
Under the proposed plan, teams would divide payment of players' Paragraph 5 salaries (better known as base salaries) into 26 semiweekly installments beginning in September, rather than into 17 weekly checks during the regular season as most teams do now.SI VAULT: How (and Why) Athletes Go Broke
For example, a player whose base salary is $1 million would receive checks of $38,461 (minus taxes) every two weeks around the calendar year, rather than weekly checks of $58,823 (minus taxes) during the roughly four-month regular season and nothing the other eight months a year.
Two other measures increased dues for players (to $15,000 in 2014 and 3.75% of the rookie minimum salary beginning in 2015) and agents (to $1,500 a year for agents with fewer than 10 clients and $2,000 for agents with 10 clients or more