Saturday, March 19, 2011
Some Giants could lose big bucks due to lockout
By Ohm Youngmisuk
There’s the perception that NFL players will not lose money, or start to lose serious money, during this labor stoppage until training camp is interrupted.
But that isn’t true for some players and a few New York Giants.
According to a report by ESPN NFL insider Adam Schefter, five Giants could lose some big bucks in offseason workout bonuses depending on how long the lockout goes.
Offensive lineman Shawn Andrews and quarterback Eli Manning each have a $500,000 workout bonus in their contracts. Both must participate in 90% of the team’s offseason workouts to trigger the bonus.
Whenever a new collective bargaining agreement is reached, Giants general manager Jerry Reese will have 30 days to make a decision on Andrews' contract. The offensive lineman is scheduled to collect a $3.5 million bonus on the 30th day of the league’s new year.
Linebacker Michael Boley and safety Antrel Rolle can earn $250,000 each by participating in 90% of offseason workouts.
And defensive end Justin Tuck has a $150,000 workout bonus if he attends 90% of the offseason workouts.