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Silverstein on contract situation
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<blockquote data-quote="HardRightEdge" data-source="post: 491181"><p>In 2016, the cap hit on this deal by one estimate is about $29 mil; in 2017 it will be $31 mil. If that's correct, this contract is designed to be renegotiated before then.</p><p> </p><p>As far as the reported $52 mil guarantee, we'll see if more details are forthcoming. I'm seeing reports of bonuses starting year 2 tied to avoiding injury...that's not consistent with that guarantee figure.</p><p> </p><p>According to one breakdown, the first 3 years of the deal + a bonus in year 4 (roster?) total $52.5 mil. If so, that's probably not all guaranteed, but you could figure that's the practical value of the deal...3 years / $52.5 mil. Again, more clarification is needed.</p><p> </p><p>If Flaco fails to climb to elite status or fails to make a SB return, he won't touch elite money again after 2015.</p><p> </p><p>This all begs the question...if SF had managed to get 5 yards in 3 plays, in which Flaco had no involvement, what would this contract look like? Less like extortion, one would suppose.</p></blockquote><p></p>
[QUOTE="HardRightEdge, post: 491181"] In 2016, the cap hit on this deal by one estimate is about $29 mil; in 2017 it will be $31 mil. If that's correct, this contract is designed to be renegotiated before then. As far as the reported $52 mil guarantee, we'll see if more details are forthcoming. I'm seeing reports of bonuses starting year 2 tied to avoiding injury...that's not consistent with that guarantee figure. According to one breakdown, the first 3 years of the deal + a bonus in year 4 (roster?) total $52.5 mil. If so, that's probably not all guaranteed, but you could figure that's the practical value of the deal...3 years / $52.5 mil. Again, more clarification is needed. If Flaco fails to climb to elite status or fails to make a SB return, he won't touch elite money again after 2015. This all begs the question...if SF had managed to get 5 yards in 3 plays, in which Flaco had no involvement, what would this contract look like? Less like extortion, one would suppose. [/QUOTE]
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