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Possible Consolation Prize for Giants

From Pro Football Talk:

Though Monday’s grievance ruling in the matter involving former Giants receiver Plaxico Burress represents a home run for the player and the union, there’s still a separate piece that the Giants likely will win.

Per a league source, the team is pursuing via separate proceedings the recovery of more than $300,000 in signing bonus money paid to Burress when he was first signed by the team in 2005.

The disputed money is included within the $1 million payment that the Giants withheld last December.

Because the forfeiture applies to a contract that predates the current Collective Bargaining Agreement, the Giants have a far better chance of prevailing in that specific dispute.

And the pending grievance could, in our view, serve as the basis for a resolution of all pending matters between the team and its former employee.

For example, the two sides could agree that Burress will receive the $637,500 in 2008 signing bonus proration from his recent contract and forfeit the payment applicable to the 2005 deal.

But the league might not want to see this happen.  Given the NFL’s strongly-worded statement decrying the decision to allow players who have been suspended to keep bonus money, the powers-that-be might on Park Avenue might choose to appeal this outcome aggressively.”

In addition, Tom Rock of Newsday reports that the NFL will not appeal the ruling.

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