The Salary cap - Contract Gap, and how it will affect future contracts

[Snake]

There will always be that owner.  No matter how much history says it's a bad Idea they will have more cash than brains. 

[Ricky Spanish]

On 3/7/2016 at 0:07 AM, thomas96 said:

That's just the way those particular contracts were structured, the early years were probably less than $10M and it averaged out to no more than around the $22M I said before. You said we'll be seeing "$30M a year for QBs" within the next 2 years, and that's absolutely absurd.

 

I'm not going to get into comparing these two. Neither is very good. Luck won't be getting more than $22M/year. I would bet a lot of money on that and will remember this thread when he gets his contract.

I'll take this bet

[aussiePanther]

14 minutes ago, Snake said:

There will always be that owner.  No matter how much history says it's a bad Idea they will have more cash than brains. 

What do you think the market price for Luck would be though? You don't think right now it'd be more than $22M/year?

 

Edit: thing is there's a *chance* we're talking different numbers though, which is why I was asking for clarification. Someone talking guaranteed or cap hit will get a very different number to someone talking average salary.

I assume we're talking average salary so the $114.5M / 6 year contract Von Miller just turned down would have been a $19.08M/year contract, even though he'd never see all of that. right?

[shaqattaq]

On 3/6/2016 at 3:55 AM, Mr Mojo Risin said:

Who is Joey Flacco Lol

Isn't he the character Keanu Reeves played in the replacements?

 

[Snake]

4 hours ago, aussiePanther said:

What do you think the market price for Luck would be though? You don't think right now it'd be more than $22M/year?

 

Edit: thing is there's a *chance* we're talking different numbers though, which is why I was asking for clarification. Someone talking guaranteed or cap hit will get a very different number to someone talking average salary.

I assume we're talking average salary so the $114.5M / 6 year contract Von Miller just turned down would have been a $19.08M/year contract, even though he'd never see all of that. right?

I'm talking guaranteed. I think luck will get almost 25. Eclipsing Flacco by a large amount and causes all kinds of hell for other teams. 

[aussiePanther]

you're talking total guaranteed money of the contract divided by the length of the contract?

That doesn't seem to be the usual metric used in these things. It's not even a field in the spotrac website and if we grade all current QBs on that metric Cousins has the biggest contract at just under $20M while, for instance, Brees current contract is $8M

Flacco, to use your example is at $14,666,666

So it WOULD be surprising if Luck got $25M guaranteed per year, unless of course they went the route of a short "prove it" contract which seems unlikely.

[panthers55]

On 3/6/2016 at 10:54 PM, Doc Holiday said:

Drew Brees was $24m last year and $30M this year, and Flacco before the restructure was going to be $28m this year($22m now). salaries are already getting there.

 

He's a lot worse then Cutler, and it's not even close, Luck is probably getting $25m

You are confusing his cap hit which includes a prorated signing bonus and a restructuring bonus which have already been paid with his annual salary.  HIs salary this year is 19750000 and another 250,000 in workout bonus.   His cap hit is so huge because the Saints are poor money managers.  You can make that cap hit go way down by simply restructuring his contract once again.  But his average salary was a 5 year 100 million contract or roughly 20 million a year. 

 

As for Luck you can make the numbers add up to 25 million a year or whatever you want.  It doesnt mean he sees all that unless it is guaranteed.

[thefuzz]

12 minutes ago, panthers55 said:

You are confusing his cap hit which includes a prorated signing bonus and a restructuring bonus which have already been paid with his annual salary.  HIs salary this year is 19750000 and another 250,000 in workout bonus.   His cap hit is so huge because the Saints are poor money managers.  You can make that cap hit go way down by simply restructuring his contract once again.  But his average salary was a 5 year 100 million contract or roughly 20 million a year. 

 

As for Luck you can make the numbers add up to 25 million a year or whatever you want.  It doesnt mean he sees all that unless it is guaranteed.

Highest guaranteed contract in the NFL right now is Eli and Rivers at 65M.  Cam is at 60M...guessing Luck is wanting 65-75M guaranteed.

 

[thefuzz]

22 hours ago, aussiePanther said:

you're talking total guaranteed money of the contract divided by the length of the contract?

That doesn't seem to be the usual metric used in these things. It's not even a field in the spotrac website and if we grade all current QBs on that metric Cousins has the biggest contract at just under $20M while, for instance, Brees current contract is $8M

Flacco, to use your example is at $14,666,666

So it WOULD be surprising if Luck got $25M guaranteed per year, unless of course they went the route of a short "prove it" contract which seems unlikely.

I'm guessing it will be a 5 year extension, with 65-75M guaranteed.

[Frank Hollywood]

On 3/7/2016 at 0:07 AM, thomas96 said:

That's just the way those particular contracts were structured, the early years were probably less than $10M and it averaged out to no more than around the $22M I said before. You said we'll be seeing "$30M a year for QBs" within the next 2 years, and that's absolutely absurd.

 

I'm not going to get into comparing these two. Neither is very good. Luck won't be getting more than $22M/year. I would bet a lot of money on that and will remember this thread when he gets his contract.

Luck will absolutely 100% get more than $22MM per year. I think he averages $25MM myself, but have zero doubt he doesn't at least hit $22MM.

[aussiePanther]

1 hour ago, panthers55 said:

As for Luck you can make the numbers add up to 25 million a year or whatever you want.  It doesnt mean he sees all that unless it is guaranteed.

That's not true though, not guaranteed means there are possible circumstances in which he won't get it, but if he is on the roster for that year he will make that money.

1 hour ago, thefuzz said:

I'm guessing it will be a 5 year extension, with 65-75M guaranteed.

I have seen it guessed by a guy who knows NFL contracts that after the $16M for '16 he will get 4 more years for $100M, ~ $70M of that guaranteed.

[Doc Holiday]

On 3/7/2016 at 0:07 AM, thomas96 said:

That's just the way those particular contracts were structured, the early years were probably less than $10M and it averaged out to no more than around the $22M I said before. You said we'll be seeing "$30M a year for QBs" within the next 2 years, and that's absolutely absurd.

 

I'm not going to get into comparing these two. Neither is very good. Luck won't be getting more than $22M/year. I would bet a lot of money on that and will remember this thread when he gets his contract.

I will say the only real reason I'm bringing this up now is because someone pulled a Jesus on this thread this week and resurrected the sob. but with that said.......

http://www.nfl.com/videos/nfl-network-total-access/0ap3000000668280/Monster-deal-expected-for-Andrew-Luck-in-July

how do you like your crow served?  I know its not a done deal yet, but sounds like all they have left to do is sign.

[MHS831]

Most players probably won't realize much pay increase because it seems the top players are collecting all the extra money.

 

[t96]

3 hours ago, Doc Holiday said:

I will say the only real reason I'm bringing this up now is because someone pulled a Jesus on this thread this week and resurrected the sob. but with that said.......

http://www.nfl.com/videos/nfl-network-total-access/0ap3000000668280/Monster-deal-expected-for-Andrew-Luck-in-July

how do you like your crow served?  I know its not a done deal yet, but sounds like all they have left to do is sign.

I underestimated the Colts' stupidity if this does actually come to fruition. We'll see when it happens and the structure.