NFL.com | September 26, 2018 11:19AM ETAs a result of the lockout, many NFL players are left with no job security whatsoever and have to borrow money from family and friends to keep up with expenses.
But for some of them, it’s just a matter of making the most of their time.
A few weeks ago, the Pittsburgh Steelers and Oakland Raiders agreed to a three-year, $43 million contract extension.
While they’ve already earned more than $100 million combined, it was only the third time a team has extended such a deal with the highest salary-cap hit of all time.
Pittsburgh’s deal includes a $16 million signing bonus, $16.25 million guaranteed salary in 2019 and $11 million in 2020, which could push the deal to $27 million per year for the next four years.
Oakland has a $14.25m cap hit in 2019.
The Raiders signed four-time Pro Bowl guard Rodney Hudson on Tuesday to a four-year deal.
“I’ve always said that the NFL is the most lucrative league in the world, but I also know that the players want to play for championships,” Oakland general manager Reggie McKenzie told the Pittsburgh Tribune-Review.
“I just believe in my players.
They’ve been through it.
I don’t want to be a coach and I don to be in the front office or on the front line and tell them to do what I want to do.
If you want to win, you’ve got to do it yourself.
That’s the way it’s been for us.”
Oakland also signed veteran linebacker Anthony Davis, who’s been on the field for eight seasons, including the last two as a backup.
Davis, who made his NFL debut in 2014, said he feels good about the new deal.
“It was just a long time coming, but it feels good,” Davis said.
“Hopefully I can contribute some more to the team in some way.
The Raiders, meanwhile, have a new quarterback in Derek Carr and an influx of talent.
Oakland’s roster is deep at defensive end, linebacker and running back, and the Raiders also have a plethora of picks in the first round in 2018.
However, with the NFL’s collective bargaining agreement up for renewal in 2020 and beyond, the team will likely need to shed some salary-tax money to do so.
Oakland is expected to be one of the league’s biggest tax-paying teams for next season, so the club could end up with significant salary-related penalties for next year.
Oaklands general manager Trent Baalke, who replaced former head coach Jack Del Rio in October, said the team is focused on making sure the players have “the best chance” to win in the league.