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A word of caution about reacting to initial contract numbers

jlukes : 3/11/2014 7:57 pm
Like Pat Kirwan says repeatedly this time of year, the initial contract numbers that come out when a player first signs are almost always leaked by the agent.

These numbers usually are the full value of the contract if the the player plays out the entire length of the contract and hits all incentives.

All that really matters is signing bonus and first year salary, and those numbers usually don't come out until the ink is dry (and the full details are released by the time).

So, in summary, stop overreacting to the initial contract numbers that are released when a player signs. Just like the Brandon Myers contract last year, most of 2 year contracts will have an escalated 2nd year salary and/or roster bonus due this time next year that will force the team to release the player or restructure/extend the player
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Thank you Jlukes  
Jay on the Island : 3/11/2014 7:59 pm : link
there are still going to be a few posters who completely ignore this advice though.
In a one year deal  
pjcas18 : 3/11/2014 8:00 pm : link
there is no potential for 2nd year escalated salary.
I would like to add  
Jay on the Island : 3/11/2014 8:00 pm : link
that this should be stickied for the next week.
UMMM  
louied7535 : 3/11/2014 8:01 pm : link
this would mean being rational and that is not allowed on bbi. sarcasm obviously
thank you  
Andy in Boston : 3/11/2014 8:01 pm : link
for the post.....BBI desperately needed it.
I know.  
Big Blue '56 : 3/11/2014 8:01 pm : link
The extreme overreaction on that OS thread outdid other classic overreactions in BBI lore..The comments are already classics imv, considering we have no idea what the contract breakdown is..
I have never seen an agent to acknowledge incentives bonuses  
Mason : 3/11/2014 8:05 pm : link
They always assume their clients will earn them. It is funny how thry announce contracts vs. the organization. NFL monopoly money.
Very good post  
Jerry in DC : 3/11/2014 8:08 pm : link
which will fall on very many deaf ears.

I just checked in after being off-line most of the day and holy crap this place has gone f'ing bananas. And I didn't even read the Linval thread yet.

I understand that reasonable people can disagree about the performance of a GM, but Jerry Reese has a long track record of not being an insane moron. Maybe he'll overpay sometimes like any GM, maybe he won't account for injury risk, maybe he'll miss on a few draft picks (again like any GM). But he's never gone full batshit crazy like the old-school Snyderskins. Take the moves in context of what we know about the guy.
.....  
Micko : 3/11/2014 8:08 pm : link
Firstly, all of this stuff is elementary and I'm guessing most on here understand the concept of contract details. No matter how you slice it up - it is strange to hear that your team signed an unknown guys for 2 years 8.8 million. I don't care what the contract details are - that's unusual. Pretending it's not is what's strange. Yes, we need to see the contract details but this guy has the resume of 1 year vet minimum kind of guy so what I care more about is what the hell prompted the G-men to sign him to a potential 8.8 million dollar contract. I'm assuming there was competition for his services b/c a lot of teams saw great potential. We'll see.
And it's STILL going on in that thread.  
Big Blue '56 : 3/11/2014 8:08 pm : link
No comprehension whatsoever..;)
Pjacs, correct but  
jlukes : 3/11/2014 8:08 pm : link
This thread was made due to the crazy reaction to the Scholfield deal And the Stevie Brown deal.

Everyone reacted as if was insane that Stevie was getting 4 million for one year. Then it turns out it's only 3 million and the other million is in incentives
Micko - swing and a miss  
jlukes : 3/11/2014 8:11 pm : link
Scholfield's deal will likely cost the Giants no more than 3 million this year. The rest is funny money. Again, look at the deal we gave Brandon Myers last year
Micko, first off, 8.8 million? I thought it was 8.  
Big Blue '56 : 3/11/2014 8:12 pm : link
Secondly, we don't know whether he's guaranteed 2 mill this year with the other 6 next year non-guaranteed or incentive-laced..And if say, the 6 mill is for year two, do you really think it won't be redone to make it extremely cap friendly?

Again, you and many others are making definitive statements without knowing squat about how the contract has been or will be structured..None of us do
jlukes  
Micko : 3/11/2014 8:12 pm : link
who makes you judge and jury on the worth of a contract? Why is even 3 million a good contract when that's a raise over last year? Perhaps you should address that. Competition for his services? I doubt it w/ a 1 year deal. Again, that contract surprised me. I haven't said a word until now but I don't get the "I'm smarter than everyone else" when I'm pretty sure you can't explain either contract either. You're just assuming they're okay b/c it's the Giants - others are not.
Micko, read my comments above your latest one.  
Big Blue '56 : 3/11/2014 8:14 pm : link
Not about knowing more than anyone else. We know nothing ta this point
You're the one that kept bringing up the 8.8 million number  
jlukes : 3/11/2014 8:14 pm : link
.
jlukes  
Micko : 3/11/2014 8:15 pm : link
This is hysterical. You're assuming 3 million is a good deal. Is it? You don't have an answer for that. You cite Myers - was that a good deal?

BB56 - you don't know the contract either and I haven't said anything about any of them. Is the deal good? Maybe. Is it still somewhat shocking to give an unknown guy that much money? Seems to me that it is. Why aren't you surprised? Oh right - b/c it's the Giants.
I never said it was a good deal, and I never said I knew what the deal  
jlukes : 3/11/2014 8:17 pm : link
Was. What I did say was to not overreact based on the initial numbers floated. The real money will be much much less.

.....  
Micko : 3/11/2014 8:18 pm : link
Guys - my point is you start a thread to educate the masses when the masses come on this site to vent. I'm not prone to quick reactions and don't care enough to get all pissy about signing/contracts. Regardless, I was shocked about a guy I've never heard of getting anything near that type of contract and I"m sure any level-headed Giants fan was. So, yeah - I understand the reaction. Do I know I still need to see the details and then see the guy play. Obviously.
You're still missing the point.  
Big Blue '56 : 3/11/2014 8:19 pm : link
We don't know nor is it shocking that we're giving someone so much money when we don't know if all he's guaranteed, is say, 2 million of that 8..Of course I don't know, no one does. What I do "know" is until and when I see the final and true figures, NOTHING is shocking...
You speak for the masses?  
Wuphat : 3/11/2014 8:21 pm : link
Interesting.

But let's grant that the masses come to vent. Does that preclude the masses to also coming to learn and read more reasoned and measured threads?

I didn't realize venting and learning were mutually exclusive concepts.
Uninformed knee-jerk overreactions are no way to go through life  
jlukes : 3/11/2014 8:21 pm : link
Especially when every single contract ever signed is overstated when it is first announced
RE: .....  
Amtoft : 3/11/2014 8:21 pm : link
In comment 11552050 Micko said:
Quote:
Firstly, all of this stuff is elementary and I'm guessing most on here understand the concept of contract details. No matter how you slice it up - it is strange to hear that your team signed an unknown guys for 2 years 8.8 million. I don't care what the contract details are - that's unusual. Pretending it's not is what's strange. Yes, we need to see the contract details but this guy has the resume of 1 year vet minimum kind of guy so what I care more about is what the hell prompted the G-men to sign him to a potential 8.8 million dollar contract. I'm assuming there was competition for his services b/c a lot of teams saw great potential. We'll see.


Apparently not most aka you... That contract of 2 year 8 mil could be if he meets all incentives or back loaded and could be he only gets like 2.5 mil this year or less. You don't know and yet you want to freak out because you don't understand how it works. Have fun with that, but don't be shocked when your 4.4 mil per year comments get slaughter with reality.
.....  
Micko : 3/11/2014 8:24 pm : link
BB56 - anything above the vet minimum is shocking for a guy no one has heard of. For christ sake - I'm missing the point b/c you're not making a good one. Get off your high horse - this stuff isn't complicated. It's football.
RE: .....  
Amtoft : 3/11/2014 8:26 pm : link
In comment 11552125 Micko said:
Quote:
BB56 - anything above the vet minimum is shocking for a guy no one has heard of. For christ sake - I'm missing the point b/c you're not making a good one. Get off your high horse - this stuff isn't complicated. It's football.


Yes the salary cap and contracts aren't complicated at all... please keep it going.
I suspect  
Jerry in DC : 3/11/2014 8:26 pm : link
that everybody in the NFL has heard of him. I know that I've heard of him. Won't say I know a ton about him. I bet all the GMs including ours know quite a bit about him.
jlukes  
Micko : 3/11/2014 8:26 pm : link
don't lump me in w/ the knee-jerk guys - check the threads - I never posted anything. I'm directing this at a guy who started a look at me thread b/c he's so wise. Rather than be a sniveling know-it-all perhaps you should start a thread on why this guy could be worth 8 million bucks over 2 years. That would be educational since no one has heard of him. Oh - you mean his contract isn't all guaranteed? No shit.
3M  
pjcas18 : 3/11/2014 8:27 pm : link
for 1 year for Stevie Brown seems like a lot. I didn't like using the 2.5M 2nd round tender for him.

4M sounded worse.

How does the cap hit work? Is it 3 or 4M?
amtroft  
Micko : 3/11/2014 8:27 pm : link
Are you serious? You find this stuff complicated? What do you do for a living?
Wrong, I'm making an excellent point.  
Big Blue '56 : 3/11/2014 8:28 pm : link
There is nothing shocking about a contract that we know nothing about. If it winds up being as stated(highly doubtful imo) then that will be shocking to me at the time the contract becomes known. Feel shocked all you want. I'll reserve any such reaction for when the figures are actually known..Nothing to do with a high horse.
This was a look at me thread?  
Wuphat : 3/11/2014 8:29 pm : link
huh?
Jerry  
Micko : 3/11/2014 8:30 pm : link
Thanks for imparting your wisdom. The old show-stopper of the GMs know more than us so no one can make a comment. Granted, based on that logic we should all just do something else than waste our time here. I will say this one last time. Some of today's signing are surprising. If you're not surprised - even a little - then you're likely a BB56-style homer Giants fan. These signing may be fantastic in the long run - obviously i hope so - but let people feel the way they want to feel.
RE: amtroft  
Amtoft : 3/11/2014 8:31 pm : link
In comment 11552139 Micko said:
Quote:
Are you serious? You find this stuff complicated? What do you do for a living?


I work in IT for one of the biggest companies you can work for. Big deal unless you are a lawyer a NFL contract is extremely complicated. You don't think he showed up with a post-it note with 2 years for 8 mil on it do you?... Yes please sign here Jerry Reese and you should probably date it.
Micko, I'm a homer?  
Big Blue '56 : 3/11/2014 8:32 pm : link
Were you here when I lambasted almost every move Accorsi and Fassel made during their tenure?
A lot of folks  
Bill in TN : 3/11/2014 8:32 pm : link
at DEFCON 5. Try Xanax for a while. . .
.....  
Micko : 3/11/2014 8:32 pm : link
BB56 - this Giants could strap a helmet on a piece of shit - pay if 10 million bucks a year - and you would be all over the thread backing the Giants decision making.
Mick, read my comment above your latest one  
Big Blue '56 : 3/11/2014 8:33 pm : link
.
amtroft  
Micko : 3/11/2014 8:34 pm : link
That explains it.
RE: .....  
Amtoft : 3/11/2014 8:34 pm : link
In comment 11552164 Micko said:
Quote:
BB56 - this Giants could strap a helmet on a piece of shit - pay if 10 million bucks a year - and you would be all over the thread backing the Giants decision making.


I don't think the Giants will pay you 10 million bucks, but couldn't hurt to ask
Micko - please, just step away from your keyboard  
jlukes : 3/11/2014 8:35 pm : link
And go have a drink and cool down. You're embarrassing yourself
.....  
Micko : 3/11/2014 8:40 pm : link
Jlukes - I'm very calm right now. I just loathe these threads.
Amtroft  
Micko : 3/11/2014 8:41 pm : link
Wow - you really burned me on that one. 80's clap for you.
You could always, you know,  
Wuphat : 3/11/2014 8:41 pm : link
not open them.

Just a thought.
I have no idea  
Jerry in DC : 3/11/2014 8:50 pm : link
whether this is a good signing or not. I'm just saying that the fact that you haven't heard of the guy isn't very good evidence on the quality of the signing. Maybe if you knew more about football you'd think it was a good signing. Maybe not. But it would make your opinion more respectable.

The David Baas signing was nearly universally loved around here. It worked out to be kind of a mediocre deal. The Lavar Arrington signing was widely praised here, except by those of us who live in the DC area. That was a huge bust. You just don't know. I'm not going to the mat for Schofield, although I do have a good feeling about him for some reason.

All I'm saying is that given what I know about Schofield - which is not much - and given what I know about Reese - that he usually has a plan and rarely does anything crazy - I think that it's really misguided to immediately conclude that this is some kind of horrible deal.
Wuphat  
Micko : 3/11/2014 8:50 pm : link
And miss a Jlukes public service announcement? I really thought all contracts reported on twitter were final. No nuances - no caveats. However, now I know that I must wait for the details b/c they might be really complicated. Thanks everyone!
When you see a poster ripping into one of the more sensible posters  
Giants Fan in Steelers Land : 3/11/2014 8:51 pm : link
on BBI for being irrational its pretty clear who the irrational poster actually is.
So you loathe informative and rational threads  
jlukes : 3/11/2014 8:51 pm : link
Got it. No wonder I barely post on here anymore
Jerry  
Micko : 3/11/2014 8:53 pm : link
I appreciate your point. My point is that I"m guessing 99% of us never even heard of the guy. Then you hear 2 years 8 million. Then you think WTF? Then you think - well the Giants must know what they're doing - then you think - WTF? - then you think - well, let's wait for the details of the contract. I'm not judging the signing at all. For some reason I felt compelled to defend the guys who had the WTF response b/c in this case I can understand it.
jlukes  
Micko : 3/11/2014 8:56 pm : link
Like or not your thread was condescending. It was the kind of thing you would tell a young child who doesn't understand football or the nuances of contracts, etc. I guess you don't see this. I'm not sure why you felt compelled to write what you wrote. Have you thought about why? Why start the thread? To point out how smart you are? Was it really to educate the idiots on this site? I'm intrigued.
You still don't get it  
Giants Fan in Steelers Land : 3/11/2014 8:57 pm : link
Micko said:
Quote:
However, now I know that I must wait for the details b/c they might be really complicated. Thanks everyone!


More details actually tell you what he will be paid. Would you bitch if he only gets 1-2 mil when its all said and done?

Based on your reaction you were going to flip out no matter what just because you have never heard of him
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