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29 Terms

NFL Agent Glossary

Master the terminology you need to know for the NFLPA certification exam. From salary cap to contracts, every term explained.

Financial
7
Contract Terms
8
Free Agency
5
Draft
3
Roster Management
4
Agent Regulations
2

Financial

7 terms

Salary Cap

Financial

The maximum amount of money NFL teams can spend on player salaries in a given league year. Set annually based on league revenue.

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Cap Space

Financial

The amount of money a team has available under the salary cap to sign players. Calculated as salary cap minus total cap charges.

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Dead Money

Financial

Salary cap charges for players no longer on the team's roster, typically from remaining prorated bonus money when a player is cut or traded.

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Cap Hit

Financial

The total amount a player counts against the salary cap in a given year, including base salary, prorated bonuses, and likely-to-be-earned incentives.

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Proration

Financial

The spreading of signing bonus money evenly across the years of a contract for cap accounting purposes, up to a maximum of 5 years.

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Minimum Salary

Financial

The lowest salary a player can earn, which increases based on credited seasons. Set annually through CBA negotiations.

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Veteran Minimum

Financial

The minimum salary for players based on their years of service. Provides cap benefit as only the lowest minimum counts against the cap.

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Contract Terms

8 terms

Signing Bonus

Contract Terms

An upfront payment to a player that is prorated over the life of the contract (up to 5 years) for salary cap purposes.

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Guaranteed Money

Contract Terms

Contract money that must be paid to the player regardless of whether they are released. Can be fully guaranteed or guaranteed for injury/skill.

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Base Salary

Contract Terms

The fixed amount a player earns during the season, paid weekly during the regular season. Counts fully against the cap.

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Roster Bonus

Contract Terms

A bonus paid to a player for being on the roster on a specific date. Unlike signing bonuses, it counts fully against the cap in the year earned.

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Option Bonus

Contract Terms

A bonus paid when a team exercises an option in the contract. Can be prorated like a signing bonus for cap purposes.

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LTBE Incentive (Likely To Be Earned)

Contract Terms

Performance incentives classified as likely based on prior year stats. Count against the current year cap and are adjusted after the season.

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NLTBE Incentive (Not Likely To Be Earned)

Contract Terms

Performance incentives classified as unlikely based on prior year stats. Count against next year's cap if earned.

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Void Years

Contract Terms

Fake contract years added to spread bonus proration, which automatically void at a specified date, accelerating remaining bonus to dead money.

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Free Agency

5 terms

Franchise Tag

Free Agency

A designation teams can use to keep a pending free agent for one year at a salary equal to the average of the top 5 players at the position or 120% of the player's previous salary.

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Transition Tag

Free Agency

Similar to the franchise tag but at a lower salary (top 10 average) and without draft pick compensation if another team signs the player.

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Unrestricted Free Agent (UFA)

Free Agency

A player with four or more accrued seasons whose contract has expired, free to sign with any team without restrictions.

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Restricted Free Agent (RFA)

Free Agency

A player with three accrued seasons whose contract has expired. Their original team can match any offer and receive draft compensation if they don't.

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Accrued Season

Free Agency

A season in which a player was on full pay status for at least six regular season games. Determines free agency eligibility.

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Draft

3 terms

Rookie Pool

Draft

The total amount allocated for rookie contracts each year, distributed based on draft pick selections with values assigned to each pick.

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Fifth-Year Option

Draft

A team option on first-round picks that extends the rookie contract for a fifth year at a predetermined salary based on performance.

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Compensatory Pick

Draft

Extra draft picks awarded to teams that lost more compensatory free agents than they signed, based on a formula comparing contracts.

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Roster Management

4 terms

Injured Reserve (IR)

Roster Management

A roster designation for injured players. Players must miss at least 4 games but can return to practice after that period.

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PUP List (Physically Unable to Perform)

Roster Management

A designation for players injured in football activities who cannot practice. PUP players miss at least 4 games before returning.

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NFI List (Non-Football Injury)

Roster Management

A designation for players injured in non-football activities. Similar rules to PUP list but for injuries sustained outside team activities.

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Practice Squad

Roster Management

A group of players signed to practice with the team but not on the active roster. Limited eligibility based on accrued seasons.

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Agent Regulations

2 terms

Standard Representation Agreement (SRA)

Agent Regulations

The mandatory contract form between NFLPA certified agents and players, which sets the maximum 3% fee on playing contracts.

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Agent Fee

Agent Regulations

The maximum fee an agent can charge is 3% of the playing contract compensation. Marketing and endorsement fees are negotiable.

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Disclaimer: AgentPrep is an independent exam preparation platform and is not affiliated with, endorsed by, or sponsored by the National Football League Players Association (NFLPA) or the National Football League (NFL). "NFLPA" and "NFL" are registered trademarks of their respective owners. All content is for educational purposes only. The information provided should not be considered legal advice. Consult the official NFLPA Regulations Governing Contract Advisors and current Collective Bargaining Agreement for authoritative guidance.

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