Coronavirus contract provisions could cost players signing bonus
Football
By
Reuters
| Mar 20, 2020
Coronavirus provisions meant to safeguard teams could result in players losing their signing bonuses if they fail a physical.
ESPN reported Thursday that the inability to conduct business as usual and fly players to the facilities of their new teams for physicals before executing contracts led teams to add the provisions.
In some cases, it could be weeks or months before players who've agreed to contracts can be given physicals by their new teams.
If a player signs a contract worth $10 million, including a $5 million signing bonus, the player is at risk of losing the signing bonus if he eventually takes -- and fails -- a physical down the line.
READ MORE
vivo V30 5G launching in Kenya: Step into the future with style
How Kenya's ICT Accessibility Standards can create more inclusive workplaces
Unlocking photographic brilliance: Vivo V29 5G series with its smart aura light portrait
Some teams decided to move forward using an independent physician. Tom Brady, who reportedly agreed to a two-year deal with the Tampa Bay Buccaneers, was given a physical in New York, ESPN reported.