NFL Collective Bargaining Agreement
Veteran Salary Benefit
Section 10Renegotiations and Extensions of Qualifying Contracts
After the Club’s last game of a season and prior to the expiration of the Qualifying Contract, the current Club and Player may agree to (i) extend for one year a Qualifying Contract, provided that the terms of the extension comply with Section 2 above; (ii) extend for one year a Qualifying Contract by entering into a Four-Year Player Qualifying Contract (provided that the terms of the extension comply with Section 7 above); or (iii) extend a Qualifying Contract by entering into a non-Qualifying Contract or a non-Qualifying Four-Year Player Contract.