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05-29-2020, 09:00 AM | #2 | |
M-I-Z-Z-O-U
Join Date: Apr 2001
Location: Kansas City
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I think we see something more like Goff's contract, which let's you move money around from signing bonuses and roster bonuses and keep the huge cap hits from nailing you right away. You're always pushing the enormous cap hits down the road. |
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Posts: 21,141
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05-29-2020, 08:16 PM | #3 |
Has a particular set of skills
Join Date: Dec 2003
Location: On the water
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thats why it’s never been done yet. GM’s like the flexibility year to year. Seems to me that in this unique situation, these never before seen $’s that knowing your % of cap taken every year would be a better benefit than flexibility.
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Posts: 79,165
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05-30-2020, 02:43 AM | #4 |
Veteran
Join Date: Nov 2006
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I think the whole cap % contract would be just an awful idea for a team. With 15% he will almost always be the highest paid player and the biggest salary cap hit in football. There would be no more overpay for a year or two and get relief in the cap later due to rising cap space and costs to the position. There would be no more renegotiating of contract to get relief through bonuses being spread out.
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Posts: 2,922
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05-30-2020, 10:08 AM | #5 | |
MVP
Join Date: Apr 2017
Location: Texas
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At the time of signing their recent contracts, Russell Wilson and Aaron Rodgers were both around 18.5% of the cap in the year they signed. That's a lot more than the 15% you claim is so outrageous. Matt Ryan is 8th in average salary and he is getting $30M per year, which is currently 14.9% of the cap. At the time Matt Ryan signed his deal in May 2018, it was about 17% of the 2018 salary cap. You should hope like hell the Chiefs are actually able to get Mahomes on a 15% cap salary. That's a massive discount compared to his actual value. Last edited by DRM08; 05-30-2020 at 10:14 AM.. |
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Posts: 17,101
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05-29-2020, 09:39 AM | #6 |
The Boom Boom Room
Join Date: Aug 2000
Location: Far Beyond Comprehension
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05-29-2020, 08:25 PM | #7 |
Banned
Join Date: Jan 2013
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A "contract like no other" can mean a lot of things. He's revolutionized the game, why not the papers?
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Posts: 53,803
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05-30-2020, 10:34 AM | #8 |
Andy Reid Supporter
Join Date: Apr 2012
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20% of the cap is completely fair for Pat. That would put him at $37.6 million this year which sounds about right
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Posts: 46,252
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05-30-2020, 11:16 AM | #9 |
MVP
Join Date: Apr 2017
Location: Texas
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Isn't 20% closer to $40 million? All the websites I can find seem to say the 2020 cap is $198.2 million. 20% of that is $39.64 million. But I agree with you that this number is completely fair.
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Posts: 17,101
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05-30-2020, 11:39 AM | #10 |
In Search of a Life
Join Date: Aug 2000
Location: Northern Kansas
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So how will the signing bonus portion of the new contract work with respect to the salary cap?
For starters, I am assuming that this is an extension, which means if it is a 5 year extension, Mahomes is under contract for the next 7 years. Correct? Since $65 million is the current largest signing bonus, I will use $70 million for this example, as it makes the math work easier. Is the $70 million spread out over 7 years, as I am assuming he gets the $70 million this summer and not in 2 years, for a hit of $10 million per year? Or is the $70 million only spread out over the 5 years of the extension, at $14 million per year, starting 2 years from now? Hope this all makes sense. |
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05-31-2020, 12:42 PM | #11 | |
Veteran
Join Date: May 2019
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Quote:
He had his signing bonus spread out over 5 years even though his extension took him out to a total of 6 years. And he had extra signing bonus money on the first year I'm assuming it was the remainder of his guaranteed salary from his rookie deal. So I think the signing bonus money can be spread out over the full length starting from the year he signs. |
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05-31-2020, 03:26 PM | #12 | |
In Search of a Life
Join Date: Aug 2000
Location: Northern Kansas
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05-31-2020, 02:47 AM | #13 |
DeadPunisher
Join Date: Oct 2000
Location: Blue Springs, MO. 64014
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Maybe the entire contract will be guaranteed. Say, a 6 year extension at $40 million a year, with a $80 million dollar signing bonus spread out over the full 8 years ,but all of it is guaranteed, which would blow away Goff's $110 million dollars in guaranteed money.
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Posts: 7,472
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05-31-2020, 12:15 PM | #14 | |
MVP
Join Date: Apr 2017
Location: Texas
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05-31-2020, 03:05 AM | #15 |
In Search of a Life
Join Date: Nov 2018
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I’d honestly give Pat 5 years/ 250 mil all guaranteed
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