Salary Capology

Salary Capology

Salary Cap Analysis & Collective Bargaining Agreements

Do you work in the front office and would like to analyze player contracts and salary cap implications for your team?
Do you want to better understand the impact salary caps have on decisions for your organization?
Do you want to learn more about the new Collective Bargaining Agreements in all sports?
Are you a sports agent and want to negotiate effectively, with the confidence of knowing the correct market value for your client?
Is your league considering a collective bargaining agreement?

NFL Salary Cap, NHL Salary Cap, MLB Salary Cap, MLS Salary Cap, NBA Salary Cap

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The Salary Capology Course is an 8 week online course that offers cutting edge theories on how to develop a career in professional sports analyzing salary caps and collective bargaining agreements. The Salary Capology course will cover concepts like league wide salaries, minimum team salaries, operations of salary cap computations, exceptions and rules to salary caps, negotiations and extensions and accounting procedures for most major sports leagues and other essential tools of contemporary salary cap analyst in professional sports..

This course is for you if you want to pursue a career in professional sports:

Salary Cap Manager
Capologist
Finance
Examining team payroll
Team Contract Negotiations
Sports Contract Advisor
Director of Salary Cap Information
Salary Cap Monitoring and Reporting
Agent
General Manager
Team Finance Manager

You do not need to relocate, this course can be taken from anywhere in the world.

(Click to read Salary cap manager: "It's my dream job")

This 8 week online course could be the foundation to becoming the next salary cap analyst for a team in your area.

Salary capology students will learn to evaluate professional playing contracts and the daily responsibilities of a Salary Cap Analyst. Salary cap evaluation has changed the way sports franchises do business in 2009 and beyond. Cap analysts educate GM’s on how much they can spend signing talent and forecasting future free agent activity. With free agency in major sports leagues being equally as important to teams as their draft, salary cap supervisors are now the linchpin in a franchise's personnel decisions. With this course you gain a better understanding of key strategies and practices used by professional teams to stay under the cap including deferring salaries and bonuses.

Salary caps and Collective Bargaining Agreements are used by the following major sports leagues around the world:

North America:
National Football League (NFL)
National Hockey League (NHL)
National Basketball Association (NBA)
Major League Baseball (MLB) (Luxury Tax)
Major League Soccer (MLS)
National Lacrosse League (NLL)
Canadian Football League (CFL)
Women's Professional Soccer (WPS)
Women's National Basketball Association (WNBA)
Arena Football League (AFL)
and many minor league teams
England:
Aviva Premiership Rugby Union
Super League Rugby League
Cricket
Australia:
Australian Football League
National Rugby League
A-League (Soccer)
Australian National Basketball League
Russia:
Kontinental Hockey League (KHL)
France:
Top 14 Rugby Union League
India:
India Premier League (IPL)
Europe:
Several European football (soccer) leagues are considering salary caps

This course will assist you with careers in all major league and minor league teams.

Individuals will learn:

Collective Bargaining Agreements
Responsibilities of a Salary Cap analyst
Salary Cap Rules
Professional contracts and player negotiation
Signing bonus proration and acceleration
Guaranteed/Non-guaranteed salaries and bonuses
Rookie draft calculations
Contract valuation
Market Assessments
Position Payroll Assessment
Player trades and acquisitions
Free agency systems
Negotiations with agents and players
Cap value of a player

Course Mentors:

(You will enjoy getting to know mentors Brodie Waters and Dr. Lynn Lashbrook joined by guest speakers Jimmy Halsell and Scott Rezendes, during the weekly live interactive audio chats!)

Brodie Waters
Brodie Waters, is the creator of The Roster Management System, President of IMAC Consulting Inc. The Roster Management System involves in-depth analysis on team spending, production, draft and free agency trends and is utilized by NFL teams, the United Football League, and NFLPA certified agents.

Prior to founding IMAC Consulting, he spent six years with Axcess Sports & Entertainment as Vice President. While with Axcess, he was in charge of all aspects of the Football Division, which included contract negotiations for clients including Vince Wilfork (New England Patriots 1st Rd. Pick, 2004), Adam Jones (Tennessee Titans 1st Rd. Pick, 2005) and Jon Beason (Carolina Panthers 1st Rd. Pick, 2007) to name a few. Waters began his career in football working for the Jacksonville Jaguars in 2000, assisting in the Personnel Department. He will bring tremendous insight into the inner workings of the front office decision-making process in a complex salary cap environment.

GUEST SPEAKERS:

Scott Rezendes

Scott was hired as the first employee of the Major League Soccer Players Union in 2006. He managed player contracts and prepared agents and players for negotiations with the major league soccer office. Rezendes received his MBA in Sports Management from the George Washington University in 2008. He also has prior experience working with a sports arbitrator. He currently resides in Washington, DC. You will enjoy getting to know Scott and his wealth of contract knowledge.

Lynn Lashbrook

Dr. Lynn Lashbrook, Sports Management Worldwide President and SMWW Agency President has been a certified agent with the NFL for over 16 years and represented over 60 NFL Clients including first round picks to free agents. Dr. Lashbrook worked for SMG, which is now CAA Football, for 5 years. Dr. Lashbrook was mentored on the agent business by former SFX Football president Jim Steiner. With Jim Steiner and SMG, they represented top clients like Jerry Rice, Brian Dawkins, Mark Fields, Mike Alstott and many more top NFL players. In the addition to his NFL Agent experience, Dr. Lashbrook has worked in the business of football at the college and professional level behind the scenes and administratively. You will love his unique perspective, high energy, and great knowledge of contract negotiation.
Read more about Dr. Lynn Lashbrook.

Course Details

Weekly Audio Chats- A unique aspect of each 8 week course is the opportunity for students to participate weekly in live interactive audio chats with fellow students, mentor Brodie Waters and Dr. Lynn Lashbrook, and guests Jimmy Halsell, Scott Rezendes. This is a tremendous opportunity to network within a professional arena and get to know your instructors and fellow students personally via the internet. This is available via any online computer with a microphone.

Online Education - This innovative academic course is facilitated through a web-based educational delivery system. You will enjoy the online discussion boards, weekly readings, weekly quizzes, course projects, and interaction amongst fellow sports business-minded students and faculty. All course materials and textbooks are included in the course.

Global Participation - SMWW students participate from over 125 countries. Courses have a international influence and instructors will cater assignments to specific countries or leagues. Countries with economic challenges are eligible for economic dicounts.

Earn University Credit: Most participants are not college students. Most participants are working full time in a variety of careers including many in sports from all over the world. (Many wish they had taken this course in college!) Finance Majors are encouraged to apply. For those of you who are in college and would like transferable credits (graduate or undergraduate) to your school, two-three hours of college credit is available. Click here for more information.

Military Discount - For those individuals who represent their country in military service we offer a discount. Please contact info@smww.com if you are active, reserve, or a retired member of your countries military system. Thank you for serving your country! (Please include what country and specific part of the military.)

Tax Write Off - (For USA Citizens) SMWW course tuition, books and supplies can be used for education tax credits. Save your receipts and consult with your tax advisor on how this applies to you.

Course Certificate & Resume Reference:

Successful graduates of the Sports Management Worldwide courses will be sent a SMWW Certificate of Accomplishment. This certificate represents not only your achievements in the course but also demonstrates your personal commitment to self-improvement and ability to "self train" yourself for higher positions within the sports business industry.

In addition to your certificate, you will be given the stamp of approval by SMWW. This approval includes a personal reference you may add to your resume with contact information for Dr. Lynn Lashbrook and a reference to the mentors of this course.

Work for a team:

Our goal is to see all Salary Capology Graduates gainfully employed in sports worldwide. Your chances of accepting an offer of employment within professional sports will improve great by going through this program in tandem with either the Athlete Management Course, Sports Business Management Course or any one of the General Manager and Scouting Courses. SMWW will customize a portfolio to assist you with your career goals.

Through our extensive network of professional teams worldwide our objective is to prepare you for when the right job opportunities become available. Numerous people that have gone through our programs are now employed in great positions and you could do the same. We want to help you launch your sports career and help you find a position where you can be the most successful and satisfied.

The ideal course for the following individuals:

Anyone who fascinated about amateur drafts in sports
Anyone who's passionate about a career in sports management
Anyone who wants to learn about salaries in the sports industry, while keeping current employment
Those with other commitments for whom on-line education fits their schedule
Those who seek a way to break into the competitive world of the business of sports
College students who want to gain insight not offered on college campuses
College students who need to obtain college credit

Apply Now - Free

Cost: $995 (includes all course textbooks, headset, microphone and access to web based classroom. Shipping additional.)

Payment plans available (as little as $350 a month).
See if you are eligible for an economic discount based on your country of residence.

Length: 8 Weeks; "Live" audio online chats weekly with renowned instructors!
Prerequisites: Must be 18 or older to participate and have a passion for sports
Payment: Visa, MasterCard, American Express, Discover.

CALL TODAY: 1-877-SMWW-NOW
(In the UK: 087 12884799)

Register Now

Academic Credit - Graduate & Undergraduate

Western Oregon University (WOU), a member of the Oregon University System, offers a separate Credit Overlay Program for Sports Management Worldwide's courses. Students interested in obtaining college credit (graduate or undergraduate) for Sports Management Worldwide courses must apply for the credit with Western Oregon University directly.

For more information, please visit the following webpage.

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Right Sidebar:

Behind the Scenes with Cliff Stein,

NFL Salary Cap Guru and NFL Player’s Contract Negotiator

August 21, 2009 by Audible Magazine

Ever wonder exactly what the salary cap is and how that affects teams in signing players? We asked Cliff Stein – Chicago Bears Senior Director of Football Administration and General Counsel, to help explain how it all works.

Cliff Stein is in his eighth season with the Chicago Bears and has been in his current role since May, 2007. He is their lead contract negotiator for all player contracts. He will also assist the general manager in managing and the strategic planning of the team’s salary cap and handles all legal issues within their football operations department.

In a nutshell, can you explain the salary cap and how it goes into play when negotiating a player’s contract?

The salary cap is the maximum amount of money that NFL teams can spend on player salaries in any given year. It is a collectively bargained budgeting system that gives teams and players predictability in how money will be spent on player salaries each year. The NFL has a revenue sharing system between the players and the NFL Clubs where the players are guaranteed an agreed upon percentage of total revenues earned by the NFL and all 32 NFL Clubs. The salary cap is calculated on a league-wide basis as a percentage of total revenue. In 2009, the salary cap, $123 Million, was calculated as roughly 60% of total revenue (divided by 32 teams). The salary cap, otherwise known as Team Salary, is governed by a complex set of accounting rules set forth in the collective bargaining agreement. Every contract that is negotiated and submitted to the NFL for approval must comply with the rules governing the salary cap. Therefore, during the negotiation process, every contract has to be structured to ensure compliance with the salary cap accounting rules as well as each team’s individual salary cap philosophy. It is important that the contract negotiators for the club and player are well versed in the salary cap rules.

Why are some teams able to pay such high signing bonuses?

A team’s ability, decision and/or willingness to pay large signing bonuses could be product of several factors. These could include any of the following (or a combination thereof) (1) Committed Cash budgets – the team’s ability to spend a pre-determined/ budgeted amount of committed cash in any given year and how much cash has already been allocated to other players; (2) The Salary Cap – how much cap room a team has and how much of the cap has already been allocated to other players; (3) Cash flow and liquidity – what is the team’s cash flow budget and how much actual non-deferred cash is available to be paid to players in signing bonuses in any given year; (4) Team economics – this includes the team’s home market, team revenues, profitability of the team, and value of the franchise; (5) Demand and Position – the demand for a specific player on the given marketplace, and/or the value of the players position. All of these factors could go into determining how much a team is willing and/or able to spend in signing bonus or guaranteed compensation on any given player.

What is the penalty if a team goes over the cap?

It is difficult for a team to actually exceed the salary cap because the NFL will disapprove any contract that would cause a team to go over the cap. However, if an NFL team intentionally circumvents the salary cap or enters into undisclosed agreements with players outside the salary cap, a team could be fined a maximum of $5.25 million and forfeiture of up to two draft choices.

What are some clauses in a players’ contract? For example, do they have to make so many appearances at events? What is the definition of an event?

There are various clauses that teams put in players contracts limited only by the salary cap compliance rules, club philosophy and creativity of the mind. This could include, as you suggest, mandatory appearances on behalf of the club. These appearances typically include Bears sponsored events such as the Bears Fan Expo or the Bears Care Gala, or appearances at a variety of community relations events, such as speaking engagements at schools, hospitals, and/or homeless shelters. In addition, some players have clauses in their contracts that require them to autograph a specified number of items on behalf of the Club each year. Some players have clauses in their contracts that pay them a bonus in the off-season if they participate in a specific percentage (for example 85%) of the club’s off-season program. Some players that have weight issues may have weight clauses in their contracts wherein they are paid a bonus for weighing in at a specified weight upon reporting to training camp. There are numerous other types of clauses including but not limited to incentive bonuses for achieving playtime, statistical, and/or club improvement thresholds.

Read the rest of this article at Audible Magazine...

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