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Broncos’ RJ Harvey: Contract Held Up By Guarantee?

NFL Draft Contract Holdouts: How Browns & Texans Rewrote the Rules for Second-Round Picks

Thirty of 32 second-round picks from the 2024 NFL Draft remain unsigned as of June 2nd. This isn’t a typical slow start to rookie contracts; it’s a potential seismic shift in how the NFL values its developing talent. The Denver Broncos’ RJ Harvey, a highly touted running back, is caught in the middle, waiting for guaranteed money – a demand suddenly amplified by the unexpected moves of the Cleveland Browns and Houston Texans.

Denver Broncos running back RJ Harvey during rookie minicamp. (Ron Chenoy-Imagn Images)

The Precedent Set: Fully Guaranteed Deals for Day Two Talent

Historically, fully guaranteed contracts in the NFL were almost exclusively reserved for first-round draft picks. The risk was deemed too high for teams to commit significant funds to players with less certainty. However, the Browns and Texans bucked this trend, offering fully guaranteed deals to their second-round selections: UCLA linebacker Carson Schwesinger and Iowa State wide receiver Jayden Higgins, respectively. ESPN NFL insider Mike Reiss rightly called this “a rarity.”

Why Did Cleveland and Houston Break the Mold?

Several factors likely contributed to these decisions. A strong players’ union, coupled with increased scrutiny on player contracts, has empowered agents to push for better terms. Furthermore, the rising salaries of veteran players may have led teams to believe investing in young talent with guaranteed money is a more sustainable long-term strategy. The Browns and Texans may also have identified these players as immediate contributors with high ceilings, justifying the financial commitment.

The Ripple Effect: Harvey and the Second-Round Holdout

The impact of the Browns and Texans’ decisions has been immediate. Agents representing the remaining unsigned second-rounders are now leveraging these contracts as leverage, demanding similar guarantees for their clients. As Jon Heath of USA Today Broncoswire points out, “Agents for every other player picked in the second round will undoubtedly want fully guaranteed contracts for their clients as well.” This creates a standoff, as teams are hesitant to deviate further from established norms without a clear understanding of the long-term financial implications.

For RJ Harvey, who many analysts considered the best running back in the draft after Ashton Jeanty, this situation is particularly frustrating. His contract value is set at $7,354,592 over four years, but the lack of guaranteed money is the sticking point. While Broncos fans shouldn’t panic – most experts anticipate a resolution – the delay highlights the evolving power dynamics in NFL contract negotiations.

Beyond 2024: The Future of Second-Round Contracts

This year’s holdout isn’t just about RJ Harvey or the 2024 draft class. It’s a potential inflection point for how the NFL approaches second-round contracts. Several scenarios are possible:

  • The New Normal: Fully guaranteed contracts become increasingly common for second-round picks, particularly for players deemed to have high potential.
  • Tiered Guarantees: Teams may offer tiered guarantees, with higher amounts for players projected to be immediate starters or impact players.
  • A Collective Bargaining Issue: The NFL Players Association could push for standardized guarantees for second-round picks in future collective bargaining negotiations.

The most likely outcome is a hybrid approach, with teams becoming more flexible with guarantees based on a player’s position, projected role, and overall draft evaluation. The days of simply offering a standard contract with minimal guarantees to second-round picks may be numbered.

Broncos’ RJ Harvey: Contract Held Up By Guarantee?
Potential shift in guaranteed contract amounts for second-round NFL draft picks. (Placeholder Image)

Implications for Team Strategy and Player Evaluation

This shift towards guaranteed money will force teams to refine their player evaluation processes. Scouting departments will need to be even more accurate in identifying players who are likely to succeed, as the financial risk associated with drafting a bust will be significantly higher. Teams may also prioritize players with strong character and work ethic, as these qualities are harder to quantify but can significantly impact a player’s development and performance.

Furthermore, teams may become more willing to trade up in the draft to secure players they believe are worth the investment, or to trade down to acquire additional draft capital if they are unsure about a player’s potential. The entire draft landscape could become more dynamic and unpredictable.

The situation with RJ Harvey and the other unsigned second-round picks is a microcosm of a larger trend in the NFL: the increasing value placed on young talent and the growing power of players and their agents. While a resolution is expected, the precedent set by the Browns and Texans has irrevocably altered the landscape of NFL contract negotiations.

What are your predictions for how this trend will impact future NFL drafts? Share your thoughts in the comments below!

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