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Silverstein on contract situation
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<blockquote data-quote="TJV" data-source="post: 491178" data-attributes="member: 4300"><p><span style="font-family: 'Arial'"><span style="color: #000000">I heard Wilde talk about Flacco’s deal and its impact on Rodgers’ deal this afternoon. He said Brees got $40M guaranteed so he was surprised it looks like Flacco got about $52M guaranteed. But then he also made a point that I’m sure has been made here before. It’s not just the guaranteed money that matters and the entire contract almost never matters because players very seldom see the money in the last year or two of mega deals. The player is either on his way to another team or the team restructures the deal for cap savings. So IMO it makes sense to look at 3 or at most 4 years of a deal when comparing them because the player is really only assured of collecting his salary (and guaranteed money of course) until it makes sense for the team to take on the salary cap hit for waiving him. (Unless he suffers a career altering or ending injury.) </span></span></p><p> </p><p><span style="font-family: 'Arial'"><span style="color: #000000">Wilde said the first three years of Brees’ 5-year $100M deal will pay him about $60.5M while Flacco’s deal pays him a little more than $61M for the first three years. So if Rodgers wants to give the Packers a break, he will “settle” for $1 more than Flacco’s deal during the first three years. And the Packers can “puff up” Rodgers deal by adding a 7th year (if the league allows) and an outrageous salary in the last year that both parties know he’ll never receive. Those hoping Rodgers accepts substantially less than Flacco or Brees will likely be disappointed. </span></span></p></blockquote><p></p>
[QUOTE="TJV, post: 491178, member: 4300"] [FONT=Arial][COLOR=#000000]I heard Wilde talk about Flacco’s deal and its impact on Rodgers’ deal this afternoon. He said Brees got $40M guaranteed so he was surprised it looks like Flacco got about $52M guaranteed. But then he also made a point that I’m sure has been made here before. It’s not just the guaranteed money that matters and the entire contract almost never matters because players very seldom see the money in the last year or two of mega deals. The player is either on his way to another team or the team restructures the deal for cap savings. So IMO it makes sense to look at 3 or at most 4 years of a deal when comparing them because the player is really only assured of collecting his salary (and guaranteed money of course) until it makes sense for the team to take on the salary cap hit for waiving him. (Unless he suffers a career altering or ending injury.) [/COLOR][/FONT] [FONT=Arial][COLOR=#000000]Wilde said the first three years of Brees’ 5-year $100M deal will pay him about $60.5M while Flacco’s deal pays him a little more than $61M for the first three years. So if Rodgers wants to give the Packers a break, he will “settle” for $1 more than Flacco’s deal during the first three years. And the Packers can “puff up” Rodgers deal by adding a 7th year (if the league allows) and an outrageous salary in the last year that both parties know he’ll never receive. Those hoping Rodgers accepts substantially less than Flacco or Brees will likely be disappointed. [/COLOR][/FONT] [/QUOTE]
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