In a surprise turn of events, the San Francisco 49ers (“Niners”) have agreed to a restructured one-year contract that will allow Jimmy Garoppolo (“Jimmy G”) to make up to a total of $16 million dollars this season.
In this new restructured one-year employment contract (yes, professional football players are considered employees) the Niners agreed to pay Jimmy G a guaranteed base pay of $6.5 million dollars. Additionally, Jimmy G may earn some roster and playtime bonuses that could boost up his pay by another $9 million dollars. In this restructured employment agreement, it is rumored that this agreement includes a no-trade and no-tag clause which ensures Jimmy G will serve as backup to Trey Lance this season and will then be able to explore unrestricted free agency in 2023.
This cross-section of football and employment law is a great reminder for employers to take the time to ensure that your employment agreements are up to date and that if there are any specific terms, such as bonuses and/or commissions that they be outlined in writing to ensure CA labor law compliance.
For assistance in drafting CA compliant employment agreements and/or bonus/commission agreements, contact the Employer Lawyers at Chauvel & Glatt.
Go Niners!
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