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Jennings' contract question...
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<blockquote data-quote="TJV" data-source="post: 461555" data-attributes="member: 4300"><p><span style="font-family: 'Tahoma'"><span style="color: #000000">jaybadger82, you seem to taking a pro-union, anti-business/management stance. You see contracts offering franchises security but offering “nothing of the sort to players”. A common definition of “security” includes “freedom from anxiety” and one online dictionary even offers, “freedom from the prospect of being laid off <job <em>security</em>>”. That’s not “on the nose” but pretty close to the situation we’re discussing. Most would agree “financial security” means never having to worry about money again. At the moment a player signs a contract including, for example, a $15M signing bonus, he has insured financial security for himself and his family even if he can’t play another down of NFL football. With reasonable management of that guaranteed money he and his family never have to worry about money again. Even if the player never works anywhere again. The player is free from financial anxiety and free from the worry of being “laid off”. So via common usage and dictionary definitions, the consideration that player received can be said to provide security for that player and his family. </span></span></p><p> </p><p><span style="font-family: 'Tahoma'"><span style="color: #000000">It’s interesting you see teams, <em>management</em>, receiving security. There are many examples of teams</span><span style="color: #141414"> being on the wrong side of contracts but because of his connection to the Packers on leaps to mind. I was amazed at the contract Javon Walker signed with the Raiders in 2008: Six-years for $55M contract, including $16M guaranteed. The consideration the Raiders received was: In 2008 in 8 games he caught 15 passes for 196 yards and a TD. In 2009 he played in three games and didn’t record a stat. He was released in March of 2010. The Raiders paid him $21M. Albert Haynesworth was guaranteed over $30M by the Redskins. In two seasons he played in 20 games, recorded 53 tackles and 6.5 sacks. I don’t know how much he collected, but do you think the Raiders, Redskins, and every other team that has paid huge money for nearly nothing in terms of production received <em>security</em> in those deals? </span></span></p><p> </p><p><span style="color: #141414"><span style="font-family: 'Tahoma'">Players are represented by their union and by agents if they choose to employ them. Teams, players, and agents understand exactly what is being agreed to. Each recognizes that after signing the contract, the player can bust (due to poor performance or injury), underperform, over-perform or perform as expected. Each understands its an employment at will contract and once waived, the player can pursue employment with another NFL team. </span></span></p></blockquote><p></p>
[QUOTE="TJV, post: 461555, member: 4300"] [FONT=Tahoma][COLOR=#000000]jaybadger82, you seem to taking a pro-union, anti-business/management stance. You see contracts offering franchises security but offering “nothing of the sort to players”. A common definition of “security” includes “freedom from anxiety” and one online dictionary even offers, “freedom from the prospect of being laid off <job [I]security[/I]>”. That’s not “on the nose” but pretty close to the situation we’re discussing. Most would agree “financial security” means never having to worry about money again. At the moment a player signs a contract including, for example, a $15M signing bonus, he has insured financial security for himself and his family even if he can’t play another down of NFL football. With reasonable management of that guaranteed money he and his family never have to worry about money again. Even if the player never works anywhere again. The player is free from financial anxiety and free from the worry of being “laid off”. So via common usage and dictionary definitions, the consideration that player received can be said to provide security for that player and his family. [/COLOR][/FONT] [FONT=Tahoma][COLOR=#000000] [/COLOR][/FONT] [FONT=Tahoma][COLOR=#000000]It’s interesting you see teams, [I]management[/I], receiving security. There are many examples of teams[/COLOR][COLOR=#141414] being on the wrong side of contracts but because of his connection to the Packers on leaps to mind. I was amazed at the contract Javon Walker signed with the Raiders in 2008: Six-years for $55M contract, including $16M guaranteed. The consideration the Raiders received was: In 2008 in 8 games he caught 15 passes for 196 yards and a TD. In 2009 he played in three games and didn’t record a stat. He was released in March of 2010. The Raiders paid him $21M. Albert Haynesworth was guaranteed over $30M by the Redskins. In two seasons he played in 20 games, recorded 53 tackles and 6.5 sacks. I don’t know how much he collected, but do you think the Raiders, Redskins, and every other team that has paid huge money for nearly nothing in terms of production received [I]security[/I] in those deals? [/COLOR][/FONT] [COLOR=#141414][FONT=Tahoma] [/FONT][/COLOR] [COLOR=#141414][FONT=Tahoma]Players are represented by their union and by agents if they choose to employ them. Teams, players, and agents understand exactly what is being agreed to. Each recognizes that after signing the contract, the player can bust (due to poor performance or injury), underperform, over-perform or perform as expected. Each understands its an employment at will contract and once waived, the player can pursue employment with another NFL team. [/FONT][/COLOR] [/QUOTE]
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