Exempt for Hayden Smith is also a nice little contract loophole that Tanny has found that allows us to stash him for up to 3 years, he DOES NOT count as a player on the practice squad if carried there, AND his salary lowers to a maximum of 330K for up to all 3 years...
EDITED NOTE- That Smith loophole ALSO blocks him from ALL OTHER 31 teams as long as his contract is on the books... It really is a great way to develope a player in an old school fashion, that over-seas address may be just what gives him the right time to develope on HIS clock...
I'm sure it's NFL rules related and not specific to the contract--if true--maybe there are contracts for foreign players that provide for exemptions under NFL rules?
The general rules for the practice squad are as follows:
•Teams can have a practice squad consisting of a maximum of eight players (a ninth player can be added if he lives outside of the United States and is not a U.S. citizen)
•Practice squad players make $5,700 per week and can only participate in practice (hence the name practice squad)
•Players on the practice squad are free to negotiate with other teams and can be signed to another team's 53-man roster (just like Lydon Murtha was signed by the Dolphins from Detroit's practice squad in 2009) without compensation to the original team
•If a team signs a player from the practice squad of its next opponent, the move must be made at least six days before the game; players signed from a practice squad also must count against the 53-man roster for three weeks (these rules are in place to prevent teams from signing practice squad players for a week just to get information on their next opponent; it's still possible, but these rules discourage the practice)