NFL Collective Bargaining Agreement
Franchise and Transition Players
Section 2(j)Required Tender for Franchise Players
(j)
For purposes of calculating the minimum Tenders to Franchise and Transition players under this Article, if the present value of any deferred Paragraph 5 amount (as defined in Article 13, Section 6(a)(ii)) is at least $100,000 less than the initial Paragraph 5 amount (before being present valued), then the present value amount shall be used.