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Panthers sign Eric Reid to 3-year contract


UNCrules2187

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1 hour ago, Black&BlueBubba said:

Ok CAP experts let me know if this is good or bad. 

not bad at all. The remaining 2.5m is likely guaranteed salary in first two years of the deal, depending on how the base salary is structured it could all be in 2019. Hard to know about the incentives if they are considered ltbe or not but the make up of the deal is nice for both sides. Panthers are likely to be able to get out from the deal after the first season and save cap room if he bombs this season but he's likely here for two seasons at least. 

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2 hours ago, Icege said:

To me, this signing says that the team doesnt know how the Gaulden pick will pan out. Reid's contract is set to expire when Gaulden's does. Maybe they are hoping that he develops under Reid?

Reid>>>>Gaulden.  Without Reid in place we'd need to find somebody in FA or the draft.  Reid is a former first round pick who did ok last year... starting late.  Considering how bad the safety market was last year, I'd say we paid a premium to keep Reid.  He did earn his pay last year.   Hopefully he'll step up and do it again.  I'm not against the signing.  I think the price was high.  

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2 hours ago, RumHam said:

 

Nice, as I was trying to point out last night in a flu medicine and fever induced stupor, his signing bonus does not make up the entirety of his guarantees. The remainder is likely guaranteed salary during the first year. This means his dead money ( if a cut needs to be made for any reason )  after year one is relatively negligible - somewhere around 5 million.

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14 minutes ago, Floppin said:

Nice, as I was trying to point out last night in a flu medicine and fever induced stupor, his signing bonus does not make up the entirety of his guarantees. The remainder is likely guaranteed salary during the first year. This means his dead money if a cut needs to be made after year one for any reason is relatively negligible - somewhere around 5 million.

Trying to point out what was already known. Which was made clear in the first responses to you. You just chose to ignore them. 

   

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22 hours ago, Captroop said:

He also didn't have training camp with the team and started in week 4 in a defensive scheme that got its coach demoted. Let's see what he can do with an off-season.

THIS.  So funny that they think anyone could come into a situation like that and be an ALL PRO.  Everyone on our defense was terrible the first 3/4th of the season ( probably generally because of coordinator and scheme...hell, even Luke looked pretty bad at times ).  I feel that any other person may have been given a pass but because Reid was apart of this "Kneeling for the national anthem" thingy...well, he got a lot harsher critics.  Really looking forward to seeing what this guy can do with an offseason and having RR call the defensive plays.

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3 hours ago, Skack25 said:

Hard to compare Reid's contract with other safeties who signed their contracts in previous years.  Market is always changing.  Just look at all the WR that get paid more than Julio.  I do think this is a very very slight overpay, but I'm confident he will earn it.

True.  I'm sure a few will sign over the next year or two that will be more, but also you might a few get cut that were scheduled to make more.  Don't get me wrong, I would expect his average salary to move down the list but I don't see it moving much.

I would guess in a year or so he is still one of the top 15 highest paid.

 

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1 hour ago, stbugs said:

Not two years. I’d bet his first year base is 2.5m. With 7.5m bonus, his salary will be 14m over 3 years. I’d bet something like 2.5m, 5m and 6.5m. Guaranteed money is done year 1 and then due to deal cap of 5m, he’s likely to see year 2 unless he’s sucks so bad or becomes a problem (not saying that’s likely). Basically, it becomes a 2 year $15m deal and then a bigger decision to keep in year 3. Cap hit should be small year 1 (around 5m) but get bigger each year. All this ignores incentives. 

Maybe but the could if they wanted put some guaranteed salary in the second year. They could do something like 1m, 6m, and 9m (including incentives) and make $1.5m of the second year guaranteed.

 

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UjsqjG2E_bigger.jpgDan GrazianoVerified account @DanGrazianoESPN
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Per source, Eric Reid's new 3-year contract with the Panthers includes $9M fully guaranteed at signing, all paid out this year, plus $1M in injury guarantees for 2020. Full value of the deal if realized would be $22M over three years plus incentives, but no guarantee beyond 2019.

11:17 AM - 12 Feb 2019
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Just now, TheSpecialJuan said:
UjsqjG2E_bigger.jpgDan GrazianoVerified account @DanGrazianoESPN
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Per source, Eric Reid's new 3-year contract with the Panthers includes $9M fully guaranteed at signing, all paid out this year, plus $1M in injury guarantees for 2020. Full value of the deal if realized would be $22M over three years plus incentives, but no guarantee beyond 2019.

11:17 AM - 12 Feb 2019

Hurney did well here.

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