
Lions Recoup Signing Bonus from Retired Center Ragnow
About this episode
Lions President Rod Wood explains the standard practice of clawing back signing bonuses when players retire early, using Frank Ragnow and Hall of Famers Barry Sanders and Calvin Johnson as examples. Ragnow likely owed around three million after retiring with two years left on his deal. Wood emphasizes its the teams money until the work is done.
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NFL News Today | 2 Min News | The Daily News Now! — Lions Recoup Signing Bonus from Retired Center Ragnow. Machine-transcribed; use the interactive transcript above to jump the player to any line.
On March 31st, Lions Center Frank Ragnar retired last year and had to pay back part of a signing bonus to the team. Lions President Rod Wood confirmed its standard practice when a player walks away with time left on their deal. Teens can claw back that advance money for services not provided. Wood pointed to franchise history, saying they've done this since Barry Sanders retired early. Calvin Johnson faced the same when he stepped away, too. Both Hall of Famers had some tension with the Lions over it, but Wood calls it fair business. He broke it down simple, if they signed someone like running back to Margibs to a big deal, hand over a $20 million bonus, and he retires. The next day, that cash comes back. It's not the player's money yet. Ragnar's contract had two years left on a four-year deal with a $6 million bonus, so he likely owed around $3 million. That might have played into his short-lived, try to unretire last year, but he failed the physical and stayed out. Wood stands firm. It's the Lions' money until the work's done, keeping things straight in the
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