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Originally Posted by Burt the Butcher
When reneging players involved in a trade, if I am reading the rules correctly, you must declare the contract years immediatly. Only FA's and rookie contract declarations are held off until August. So unless Mike says it has been handled differently in the past, I am going to have to say that all players involved in the trade who's years weren't renegged immediatly, will have to remain as is.
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I would like to know where you found this... Or do you just make up shit as you go along.. The rules below are all I could find.
If I am looking in the wrong place forgive my attitude.
7I. Renegotiation
Players with more than one year remaining on their contract can have their contracts renegotiated by the team holding their rights. When a contract is renegotiated, the current years salary gets a 10% or 300cb raise, whichever is greater, and the contract can be extended up to the standard maximum of five years.
A player with less than one year remaining on his contract can only have his contract renegotiated if he is traded to another team. Once traded, the contract can be renegotiated with a raise of 5% or 150cb to the current year salary, whichever is greater. The contract can be extended up to the standard maximum of five years.
7J. Announcing Contracts
The deadline for the announcement of the length of the contracts of players picked up in free agency or the rookie draft will be August 30th (the day after (Tuesday) the 3rd preseason game for most teams) each year by midnight (the night before the start of the In-Season Free Agency period which begins on August 31 each NFL season). No player can be traded unless his contract years are declared BEFORE the trade is announced.