CFL opt out window for players who want to explore NFL possibilities closes Thursday at noonBy Justin Dunk - September 2, 2020
There have been a number of CFL players opt out of their contracts since the 2020 season was cancelled to be available for potential NFL employment.
The players' union updated its membership via memo:
Over the last few days we have been able to receive further information regarding players benefit eligibility. The CFL and member clubs as employers have provided a listing of all eligible players under contract as per the government legislation. With this information now available, the opt out period will close on Thursday, September 3rd, at 12pm EST.
All players who are eligible for the program and are currently under contract will receive the benefit. Please contact your Club's finance department to ask them what payments you will be receiving, on the assumption that you will not be `opting-out`of your contract.
The operation of the NFL window for this upcoming off-season is still unclear. The League showed last year that they were not willing to abide by the terms of the Collective Bargaining Agreement and provide the window as negotiated. It is not clear at this time if the window, as negotiated, will be in `in-effect` this December. Please use that information when making your decision during this window.
All eligible players will receive full government wage subsidies (CEWS) from July 2020 up until the end of December. Players currently receiving medical coverage will have that coverage extended to the start of Training Camp in 2021. If you have any questions regarding your eligibility, please contact your member club directly.
Players electing to terminate their SPC's will have both the medical and government wage subsidies cease from the date of release from their contract. This decision will be final once made.
https://3downnation.com/2020/09/02/cfl-opt-out-window-for-players-who-want-to-explore-nfl-possibilities-closes-thursday-at-noon/