NFL Collective Bargaining Agreement
Veteran Salary Benefit
Section 11Renegotiations and Extensions of Four-Year Player Qualifying Contracts
After the Club’s last game of a season and prior to the expiration of the Four-Year Player Qualifying Contract, the current Club and Player may agree to (i) extend for one year a Four-Year Player Qualifying Contract by entering into a Qualifying Contract (provided that the terms of the extension comply with Section 2 above); (ii) extend for one year a Four-Year Player Qualifying Contract (provided that the terms of the extension comply with Section 7 above); or (iii) extend a Four-Year Player Qualifying Contract by entering into a non-Qualifying Contract or non-Four Year Player Qualifying Contract.