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Geno Smith Contract Details

EddieNYG : 3/22/2017 1:42 pm
Base: $775,000

Bonuses
Roster: $87,500
Workout: $25,000

Cap Hit: $887,500
Dead Money: $100,000

Contract Notes:
Per Game Active Bonus: $12,500 ($200,000, 7 LTBE)
Incentives: $800,000

Pre 6/1 Release
'17 Dead Cap = $100,000
'17 Cap Savings = $787,500

Pre-6/1 Trade
'17 Dead Cap = $0
'17 Cap Savings =$887,500

Post 6/1 Release
'17 Dead Cap = $100,000
'17 Cap Savings = $787,500

Post=6/1 Trade
'17 Dead Cap = $0
'17 Cap Savings =$887,500
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I think it might help to clarify the roster bonus provision.  
Big Blue Blogger : 3/22/2017 2:09 pm : link
These two items are listed separately:
Bonuses
Roster: $87,500

and...
Per Game Active Bonus: $12,500 ($200,000, 7 LTBE)

I think these lines actually refer to the same incentive. $87,500 appears to be the LTBE part of the $200,000. (7 * $12,500 = $87,500)

Anyway, he's cheap, which is good.
I don't see  
Pete in MD : 3/22/2017 2:25 pm : link
how it adds up to the reported $2M.
I'm also assuming  
Pete in MD : 3/22/2017 2:35 pm : link
that 800K in "incentives" would require him seeing the field.
RE: I don't see  
rasbutant : 3/22/2017 2:47 pm : link
In comment 13402827 Pete in MD said:
Quote:
how it adds up to the reported $2M.


Agree, these is much better than we thought.

Max deal is $1,887,500, not that far from 2mil, but looking at the details it more likely 975,000

7 LTBE @ 12,500 = 87,500 + 887,500
I don't know why they are assuming he would only be active for 7 games though.
When he was signed, I said so long as he's cheap, fine.  
jcn56 : 3/22/2017 2:58 pm : link
So, I'm a man of my word - I'm good with this.

Either way, no Eli = no chance, so might as well save a few bucks and pour them into the roster elsewhere.
I have no problem with him as backup QB. He can't be worse than  
Victor in CT : 3/22/2017 3:47 pm : link
Nassib looked last year.

And how much fun would it be to watch the idiot Jet fans have a collective stroke if Geno leads the Giants to a comeback victory vs. the Jets in their annual Super Bowl in week 3 of the preseason?
He may not even stick past the summer.  
Ten Ton Hammer : 3/22/2017 5:04 pm : link
It's just a flyer. I recall when they signed Freeman, who was also a young QB of some note, with previous starting experience, and he lasted one month.
Think he at least  
mdthedream : 3/22/2017 5:31 pm : link
as a backup gives us a chance to win if he is needed.
So they basically got Smith for free?  
PatersonPlank : 3/22/2017 5:50 pm : link
Still paid too much in my opinion
RE: So they basically got Smith for free?  
LauderdaleMatty : 3/22/2017 6:45 pm : link
In comment 13403227 PatersonPlank said:
Quote:
Still paid too much in my opinion


Who else would u have had them sign. U would be happy w Johnson? Whom for that price is better.

That's a great contract which doesn't hurt the team if they draft and keep a rookie over him. It also allows them to grab a guy in the draft.

I'm really would like to hear who else that's out there for about this price people want.
Geno is a QB with legit NFL experience...  
DonQuixote : 3/22/2017 6:49 pm : link
Other than Eli, we do not have that on the roster. At that price, this is a great signing. Who would you rather have and for what price?
RE: RE: So they basically got Smith for free?  
DonQuixote : 3/22/2017 6:49 pm : link
In comment 13403282 LauderdaleMatty said:
Quote:
In comment 13403227 PatersonPlank said:


Quote:


Still paid too much in my opinion



Who else would u have had them sign. U would be happy w Johnson? Whom for that price is better.

That's a great contract which doesn't hurt the team if they draft and keep a rookie over him. It also allows them to grab a guy in the draft.

I'm really would like to hear who else that's out there for about this price people want.

+
Geno Smith with Obj, Marshall, Shep  
DennyInDenville : 3/22/2017 7:01 pm : link
And with this defense , could be in a playoff game for us if needed.

IMO.

He could literally just pre determine his throws and get by with his talent for any 1 game if Eli had a really sore hamstring one week
Could win a playoff game for us *  
DennyInDenville : 3/22/2017 7:02 pm : link
.
That actually is pretty good for a backup QB  
dpinzow : 3/22/2017 8:43 pm : link
and in a short-term pinch no longer than 2 games, he can do the job
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