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The argument players often make when it comes to their contracts, be it taking a pay cut, settling for less money, or simply restructuring, is that they're negotiating not only for themselves but also for future players. If, for example, Ty Law (arguably a top 5 cornerback) agrees to settle for less money what does it do for his fellow union members? Especially cornerbacks who hope to negotiate new contracts soon. Someone like Fred Smoot for example.
How sincere this argument is I don't know, but I know that it's often brought up
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