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Showing posts with label NFL Roster cuts. Show all posts
Showing posts with label NFL Roster cuts. Show all posts

Contracts in Corporate Settings Beat Roster Cuts


Here Now Gone In an Hour...
One thing we learned from Thursday to Sunday before the Labor Day weekend is that there are a lot of non-guarantees for a spot on the 53-player roster of NFL teams.  This is not really different from corporate contracts which have a clause for immediate dismissal or non-renewal of contingent workers - with one exception.

WARNING.

In corporate settings, professional managers know the employment space in the same industry and line of profession is small.  There are huge chances you may see the person you are letting go or who has let you go again.  Normally a two week to sometimes two months notice, if they really like you, is provided so you can plan both financially and professionally for the next move.


NFL players have it much worse if they are on guaranteed contracts like rookies and especially undrafted ones.  Even league veterans can sign and be released during the preseason and placed on the wire and hope to be cleared on waiver before another team either signs them on their active roster or 8-member practice squad.  Perfect examples of the latter are 9-year veteran Braylon Edwards and former rookie standout Denver Bronco QB Tim Tebow who were recently released from the New York Jets and the New England Patriots, respectively.   No notice - just goodbye.


In the world of average working Americans, this does not happen on a regular basis unless you are in a right-to-work state.  There are no temporary stop gaps like a practice squad that pays $6000/week for the season and post-season.  There are temp agencies but that may not even come close to what you were previously making in a contract or salary. 


Of course, work as hard as you did to get where you are now.  Make sure there are no regrets when you reflect over your assignments and ability to learn the plays. But in the corporate world, make sure your contracts are iron-clad with a clause for notice of termination or non-renewal.  This prevents being on a pendulum swing on what your future will be constantly over a set period of time -  a nervous defensive position for 700 NFL players on last Saturday evening unless they prepared for life after the limelight

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