Scarinci Hollenbeck, LLC
The Firm
201-896-4100 info@sh-law.comFirm Insights
Author: Scarinci Hollenbeck, LLC
Date: March 9, 2015
The Firm
201-896-4100 info@sh-law.comThe NFL will be getting an Australian infusion next season, at least briefly, with the arrival of National Rugby League superstar Jarryd Hayne in San Francisco. The Parramatta Eels fullback, one of the highest paid players in the NRL, will be moving to California to join the 49ers at the start of training camp on a meager salary with hazy prospects. The 27-year-old superstar will leave the relative comfort and success he has built in Australia for a $100,000 guaranteed futures contract and a sliver of a chance at playing in the NFL. So what is this mysterious contract that Hayne signed? Why is this rugby player on the 49ers’ practice squad all of the sudden?
When a player is signed to a reserve or futures contract, he isn’t being signed to the team immediately. Instead the individual, in this case Hayne, is being guaranteed a spot on the team’s 90-man roster when camp starts at the outset of the next season. This means that Hayne’s contract will kick in March 11, when the 2015-2016 season officially kicks off. Typically, teams are allowed to sign players to futures contracts immediately following the end of the previous season. Because of the delayed kick-off for these deals, a futures contract doesn’t count against the salary cap or 53-man team limit at the time of the signing. Though a futures contract doesn’t count against the salary cap upon signing, once the deal is completed, the individual is taken off the market.
Basically, Hayne is a member of the 49ers. He will be added to the 90-man camp roster at the start of the season and then start competing for a spot on the final 53-man team. He won’t be guaranteed a spot on the roster come September, and for now, Hayne will be making relatively minimal money – especially coming off of a super star rugby contract worth millions – but Hayne is now a lock to be a 49er, at least until he gets cut from the squad or until it is confirmed he has what it takes to play at an NFL level.
How did Hayne land this deal? Do do you have to play professional rugby to be eligible for a futures contract? Anyone who wasn’t on an active roster at the end of the prior season is eligible to sign a futures contract. This means that individuals with unrestricted free agent status or those who are on a practice squad at the end of Week 17 are eligible to sign futures contracts.
The contracts are typically used by teams to provide peace of mind. For example, the 49ers, as an organization, may have been worried that another team – such as Detroit or San Diego, each of whom were also interested in Hayne – may sign the rugby superstar first. To prevent this, San Francisco signed Hayne to a futures contract to ensure that when practices start up again, Hayne will be with the 49ers.
While controversy has yet to arise out of the signing of Hayne, futures contracts have caused some issues in the past. For example, while players who sign these deals often earn minimal pay, why pay someone who you may cut from the team obscene amounts of money? Since there is potential for them to receive larger contracts, this could cause a bidding war amongst the 32 NFL teams for a practice squad player, which could subsequently throw off the delicate balance that the league has maintained regarding wages for players who don’t regularly suit up for the big games.
You’ll have to show you deserve a spot for a futures contract. Thus far, Hayne, considered one of, if not the best, player in Australian rugby, has shown to be good enough for a spot on the practice squad until he proves he’s talented enough for a larger role. While a futures contract isn’t a guarantee, it is a first step and for many, including an international superstar of a rugby player is good enough.
Feel free to contact NFLPA Certified Contract Adviser Anthony R. Caruso to discuss your questions.
No Aspect of the advertisement has been approved by the Supreme Court. Results may vary depending on your particular facts and legal circumstances.
The Trump Administration’s new tariffs are having an oversized impact on small businesses, which already tend to operate on razor thin margins. Many businesses have been forced to raise prices, find new suppliers, lay off staff, and delay growth plans. For businesses facing even more dire financial circumstances, there are additional tariff response options, including […]
Author: Brian D. Spector
Business partnerships, much like marriages, function exceptionally well when partners are aligned but can become challenging when disagreements arise. Partnership disputes often stem from conflicts over business strategy, financial management, and unclear role definitions among partners. Understanding Business Partnership Conflicts Partnership conflicts place significant stress on businesses, making proactive measures essential. Partnerships should establish detailed […]
Author: Christopher D. Warren
*** The original article was featured on Bloomberg Tax, April 28, 2025 — As a tax attorney who spends much of my time helping people and companies who have large, unresolved issues with the IRS or one or more state tax departments, it often occurs to me that the best service that I can provide […]
Author: Scott H. Novak
On January 28, 2025, the Trump Administration terminated Gwynne Wilcox from her position as a Member of the National Labor Relations Board (NLRB or the Board). Gwynne Wilcox, a union side lawyer for Levy Ratner, was confirmed to the Board for an original term in 2021 and confirmed again for a successive five-year term expiring […]
Author: Matthew F. Mimnaugh
Breach of contract disputes are the most common type of business litigation. Therefore, nearly all New York and New Jersey businesses will likely have to deal with a contract dispute at least once. Understanding when to file a breach of contract lawsuit and how long you have to sue for breach of contract is essential […]
Author: Brittany P. Tarabour
Closing your business can be a difficult and challenging task. For corporations, the process includes formal approval of the dissolution, winding up operations, resolving tax liabilities, and filing all required paperwork. Whether you need to understand how to dissolve a corporation in New York or New Jersey, it’s imperative to take all of the proper […]
Author: Christopher D. Warren
No Aspect of the advertisement has been approved by the Supreme Court. Results may vary depending on your particular facts and legal circumstances.
Consider subscribing to our Firm Insights mailing list by clicking the button below so you can keep up to date with the firm`s latest articles covering various legal topics.
Stay informed and inspired with the latest updates, insights, and events from Scarinci Hollenbeck. Our resource library provides valuable content across a range of categories to keep you connected and ahead of the curve.
Let`s get in touch!
Sign up to get the latest from the Scarinci Hollenbeck, LLC attorneys!