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Nate Solder Contract

adamg : 3/14/2018 4:08 pm
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Nate Solder's Giants deal: $62M, $16M signing bonus,$34.8M gtd, salaries $5.9M (gtd), $12.9M (gtd), $9.9M, $9.9M; $3M roster bonus 2020 league year, $4M roster bonus 2021 league year, annual $100K workout bonus
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We had to spend...  
Chris in Philly : 3/14/2018 4:23 pm : link
money. Sigh. I was hoping he'd come here for free. Sigh...

RE: RE: From the looks of things  
Joey in VA : 3/14/2018 4:23 pm : link
In comment 13865772 Eric from BBI said:
Quote:
In comment 13865759 Mike in NY said:


Quote:


Most of the guaranteed money is the signing bonus plus first two years of the contract so if he falls of a cliff we are really only committed to 2018 and 2019



Why are folks ignoring the impact of a $16 million signing bonus? That's $4M per year in dead money depending on when/if you cut him.
Because he should be good for at least 3 years of his deal if not more. We all clamored for 35 year old Whitworth last year and Solder is 6 years his junior. The cap is at $177 million and goes up every year, these aren't mind blowing numbers.
RE: RE: RE: RE: From the looks of things  
Mike in NY : 3/14/2018 4:24 pm : link
In comment 13865793 Diver_Down said:
Quote:
In comment 13865786 Mike in NY said:


Quote:


In comment 13865772 Eric from BBI said:


Quote:


In comment 13865759 Mike in NY said:


Quote:


Most of the guaranteed money is the signing bonus plus first two years of the contract so if he falls of a cliff we are really only committed to 2018 and 2019



Why are folks ignoring the impact of a $16 million signing bonus? That's $4M per year in dead money depending on when/if you cut him.



Keeping him in Year 3 costs $16.9 Million. $4M signing bonus + $3M roster bonus + $9.9M salary. Cutting him only costs $8 Million (prorated signing bonus). Year 4 costs $17.9M to keep, $4M to cut.



Not to quibble but you are leaving off the $100K workout bonus. Hence, the salary and workout bonus makes an even number each year. You are right on the dead cap hits of $8M in 2020 and $4M in 2021.


Sorry left that out. That being said, if Flowers or Wheeler develop into a better LT than Solder that is potentially $10M in savings in Year 3 if we had to cut Solder which can more than afford replacement players even accounting for projected increases in Salary Cap.
Speaking about when to cut this guy  
StingerProf : 3/14/2018 4:24 pm : link
Before he's even taken a practice snap. Jesus Christ you guys must give yourselves terrible anxiety!
i swear to god  
Joey in VA : 3/14/2018 4:25 pm : link
Only on BBI are people doing cap calisthenics and whining about what MAY HAPPEN in a year or two instead of focusing on the fact that we have a legitimate LT who can run and pass block with the best of them or at least a notch below the top tier. We're seriously crying over what it MAY cost to release him in 2 years???
RE: We had to spend...  
UConn4523 : 3/14/2018 4:25 pm : link
In comment 13865801 Chris in Philly said:
Quote:
money. Sigh. I was hoping he'd come here for free. Sigh...



Haha, that's essentially my reaction to each signing thread.
Every free agency signing is an overpay  
Heisenberg : 3/14/2018 4:25 pm : link
There really aren't deals to be had on veterans.
RE: Speaking about when to cut this guy  
Kevin in Annapolis : 3/14/2018 4:26 pm : link
In comment 13865805 StingerProf said:
Quote:
Before he's even taken a practice snap. Jesus Christ you guys must give yourselves terrible anxiety!

LOL, I fear I started this. I am not even down on the signing.
RE: Speaking about when to cut this guy  
Mike in NY : 3/14/2018 4:27 pm : link
In comment 13865805 StingerProf said:
Quote:
Before he's even taken a practice snap. Jesus Christ you guys must give yourselves terrible anxiety!


I think you have to do this mental exercise with any large contract. I like that it is front loaded because it allows more room to get players like OBJ, Landon Collins, etc. signed long-term
I’m not too sharp on this so let me ask how much will the Giants have  
Ivan15 : 3/14/2018 4:29 pm : link
Committed to after 2 years? It looks like $16 M + $5.9 M + $12.9 M. If he is released after 2 years, there is $9.6 M bonus money left that becomes a cap hit. Is that correct?
RE: ...  
Vanzetti : 3/14/2018 4:38 pm : link
In comment 13865738 Eric from BBI said:
Quote:
The astounding number is $35 million in guaranteed money.


They can still cut him after three years with only 4 million in dead money. They could cut him after two years with only 8 million in dead money. So not a bad deal imo.
RE: RE: From the looks of things  
Gatorade Dunk : 3/14/2018 4:38 pm : link
In comment 13865772 Eric from BBI said:
Quote:
In comment 13865759 Mike in NY said:


Quote:


Most of the guaranteed money is the signing bonus plus first two years of the contract so if he falls of a cliff we are really only committed to 2018 and 2019



Why are folks ignoring the impact of a $16 million signing bonus? That's $4M per year in dead money depending on when/if you cut him.

Agreed. For whatever reason, people seem to think that it's painless to cut someone just because cutting them results in more cap space than keeping them. $8MM (or even $4MM) of dead money is nothing to sneeze at.

Yes, the Giants can get out of the contract after two or three years, but every time you eat dead money, you are absorbing a competitive disadvantage as it relates to roster construction.
Cap hits for Solder  
Breeze_94 : 3/14/2018 4:39 pm : link
10
17
17
18


Backloaded- as if they are anticipating a large contract coming off the books after this season.
....  
TyreeHelmet : 3/14/2018 4:41 pm : link
Who cares about the contract? Did you expect him to sign the vet min? He was the only viable option at LT this off season. He is a massive upgrade over Flowers. I am thrilled with this. Look how he performed down the stretch and in the last 2 super bowls. Only 30 and could get better.
As others said, this is basically a 2 year contract  
Eric on Li : 3/14/2018 4:42 pm : link
it looks like they'd save about $10m by cutting him before year 3. At a minimum they will be in position to negotiate a pay cut or restructure.
RE: ....  
BigBlue4You09 : 3/14/2018 4:45 pm : link
In comment 13865876 TyreeHelmet said:
Quote:
Who cares about the contract? Did you expect him to sign the vet min? He was the only viable option at LT this off season. He is a massive upgrade over Flowers. I am thrilled with this. Look how he performed down the stretch and in the last 2 super bowls. Only 30 and could get better.


“Massive” is a stretch.The guy is extremely overrrated and not worth close to what we gave him. He was the ONLY option, that doesn’t make it the best option.
RE: ....  
pjcas18 : 3/14/2018 4:45 pm : link
In comment 13865876 TyreeHelmet said:
Quote:
Who cares about the contract? Did you expect him to sign the vet min? He was the only viable option at LT this off season. He is a massive upgrade over Flowers. I am thrilled with this. Look how he performed down the stretch and in the last 2 super bowls. Only 30 and could get better.


Why wouldn't you care about the contract? the salary cap is not a leprechaun or a unicorn. It's a real tangible thing, that is not limitless and the use of it impact your ability as a team to add other players.

Saying who cares about the contract might seem progressive, but it's very short-sighted if you care about the team's ability to go into the draft without major holes to fill.
It's not a cheap contract, but considering the market,  
Ira : 3/14/2018 4:46 pm : link
it could be worse. A $16 m signing bonus is prorated over the 4 year contract. That's significant, but it's not terrible. As someone pointed out above, you always overpay in free agency and that's especially true for the top players. We needed Solder. There weren't a lot of options for a starting left tackle in free agency or the draft.
RE: Structure better than I thought  
rich in DC : 3/14/2018 4:47 pm : link
In comment 13865770 AcesUp said:
Quote:
They can cut bait or restructure in Year 3 without too much liability.


Which I told you repeatedly this morning.
RE: RE: ....  
UConn4523 : 3/14/2018 4:48 pm : link
In comment 13865888 BigBlue4You09 said:
Quote:
In comment 13865876 TyreeHelmet said:


Quote:


Who cares about the contract? Did you expect him to sign the vet min? He was the only viable option at LT this off season. He is a massive upgrade over Flowers. I am thrilled with this. Look how he performed down the stretch and in the last 2 super bowls. Only 30 and could get better.



“Massive” is a stretch.The guy is extremely overrrated and not worth close to what we gave him. He was the ONLY option, that doesn’t make it the best option.


Define “extremely overrated”. Because no one thinks he’s the best LT in the game. What he is is a proven top 10 LT who has all of his experience working with what is likely the most demanding QB in football and a constant rotation of RBs to block for.

The money is what it is, time will tell how good or bad of a contract it is. But to say it’s not a significant upgrade from Flowers is ridiculous.
We're coming off 3-13  
AcesUp : 3/14/2018 4:49 pm : link
I think it's ok to be a little concerned that the Giants are throwing good money after bad to the detriment of future teams. And this is a contract thread...
I think Gettleman fell down and hit his head on the ground  
Jimmy Googs : 3/14/2018 4:50 pm : link
on the way to work.

I just am now catching up on this deal and have to shake my head and ask why? Improving the O-line by creating the highest paid Left Tackle in the NFL. For a 3-13 team and a 38 year old QB...

Am I in the minority here?
RE: RE: Structure better than I thought  
AcesUp : 3/14/2018 4:50 pm : link
In comment 13865901 rich in DC said:
Quote:
In comment 13865770 AcesUp said:


Quote:


They can cut bait or restructure in Year 3 without too much liability.



Which I told you repeatedly this morning.


No you didn't...
RE: Not a cap guy  
old man : 3/14/2018 4:57 pm : link
In comment 13865743 Kevin in Annapolis said:
Quote:
but looks like he can be released after 2 years relatively painlessly?

I said it earlier in another thread: 16M for 2 years, and a couple of $$ then hope Y 3&4 a draft pick is a starter.
RE: I think Gettleman fell down and hit his head on the ground  
UConn4523 : 3/14/2018 4:58 pm : link
In comment 13865913 Jimmy Googs said:
Quote:
on the way to work.

I just am now catching up on this deal and have to shake my head and ask why? Improving the O-line by creating the highest paid Left Tackle in the NFL. For a 3-13 team and a 38 year old QB...

Am I in the minority here?


I think 3-13 is something people cling to a bit too much. We aren't that bad, especially with a healthy Beckham, Jenkins, etc and factoring in the other additions like Ogletree.

Why shouldn't we try to improve? This isn't a 35 year old player.
OL can stay productive into their mid 30’s  
GloryDayz : 3/14/2018 4:59 pm : link
A 4 year contract for a 30 yr old OL isn’t a bad deal.

Giants may cut him after 2 years for a $2m cap savings, but if he plays well after the first 2 years, they could extend his contract, turn salaries into a signing bonus, a lessen the cap number for the last 2 years of the contract. It’s a well structured contact.
we also want a good OLine for whoever the next QB is  
UConn4523 : 3/14/2018 4:59 pm : link
which may be next season. Wouldn't we rather have 1 less problem to worry about when that time comes?
Who cares?  
HomerJones45 : 3/14/2018 5:02 pm : link
all you sob sorority members.

We blew the draft so we have to pay through the nose; those are the wages of sin. Stop whining about it. Draft better.
remember year 4  
Chip : 3/14/2018 5:05 pm : link
there is no CBA and a new agreement will be in place. we were needy and paid for it.
RE: I think Gettleman fell down and hit his head on the ground  
GloryDayz : 3/14/2018 5:07 pm : link
In comment 13865913 Jimmy Googs said:
Quote:
on the way to work.

I just am now catching up on this deal and have to shake my head and ask why? Improving the O-line by creating the highest paid Left Tackle in the NFL. For a 3-13 team and a 38 year old QB...

Am I in the minority here?


Or he/Mara believe the team was totally mismanaged from the GM down to the coaching staff/system/schemes.

Maybe despite the lack of talent/injuries, they don’t believe it should have been a 3-13 team, and think they can turn it around quicker than expected. Got to let it play out.
"but there is no reason to think, barring injury"  
lugnut : 3/14/2018 5:21 pm : link
That's a helluva caveat with this team.

Shades of Baas, Schwartz?
so tl;dr  
okayrene : 3/14/2018 5:35 pm : link
2018: $10M cap hit. 13th highest in NFL
2019 $17M cap hit. Currently highest in NFL. (Will certainly be beat by next year's free agents)

2020: If he doesn't work out, release him to free up ~$9M. Otherwise, keep it moving.
RE:  
UConn4523 : 3/14/2018 5:54 pm : link
In comment 13865988 lugnut said:
Quote:
That's a helluva caveat with this team.

Shades of Baas, Schwartz?


So sign no one ever for fear of injury?
Pump the breaks guys  
Rick in Dallas : 3/14/2018 5:59 pm : link
The current market created this contract . Every year we bitch about free agent contracts.
Bottom line, DG was dealt shitty cards in fixing the biggest hole on the Giants. A crappy OL and he is working to fix it.
No one hear knows who are pick will be at number 2. Which is quite refreshing considering the prior administration loose lips.
I watched slot of the Patrlots last year and Solder is a lot better than EF.
I believe Solder will play at least 3 of the 4 years and hopefully all 4.
Can we at least wait until the end of the draft before we all walk all the ledge.
RE: we also want a good OLine for whoever the next QB is  
Jimmy Googs : 3/14/2018 6:00 pm : link
In comment 13865939 UConn4523 said:
Quote:
which may be next season. Wouldn't we rather have 1 less problem to worry about when that time comes?


So those comments comport to paying the highest LT $ in the league to a guy who isn't close to be the best Left Tackle? And while you think we may be better than 3-13 (so do I) its not like we don't have other problems and taking on this contract only makes those tougher to deal with.

I like talent and we clearly need to get Flowers out of there, but to me successful restructuring of the O-line isn't done by creating the highest paid player at his position, like Norwell was going to be.

It has to be done with better drafting that cares about improving the O-line and player development.

If the view point is "fuck-that, we cannot wait", then this is the bed we have to sleep in...
RE: RE: Speaking about when to cut this guy  
Gatorade Dunk : 3/14/2018 6:08 pm : link
In comment 13865818 Mike in NY said:
Quote:
In comment 13865805 StingerProf said:


Quote:


Before he's even taken a practice snap. Jesus Christ you guys must give yourselves terrible anxiety!



I think you have to do this mental exercise with any large contract. I like that it is front loaded because it allows more room to get players like OBJ, Landon Collins, etc. signed long-term

How the hell is this contract front-loaded? Do you even know what front-loaded means? This contract is nothing if not back-loaded.
Eric  
ryanmkeane : 3/14/2018 6:15 pm : link
seems like you aren't a fan of this move. Would you have been upset if we landed Norwell? Not trying to be a dick, just asking
RE: Who cares?  
montanagiant : 3/14/2018 6:16 pm : link
In comment 13865946 HomerJones45 said:
Quote:
all you sob sorority members.

We blew the draft so we have to pay through the nose; those are the wages of sin. Stop whining about it. Draft better.
It really is a big fucking pity party on BBI.
We need O-linemen, LB's, ST players, DB's, RB. This is due to the fact that our drafts have been crap for years. You want to plug those holes you're going to need to spend money. Just stop with the constant bitching over every single player signed and let this new regime do it's job
Gettleman spun the roulette wheel  
RetroJint : 3/14/2018 6:54 pm : link
If Solder gives him 3 healthy seasons, at a level like the one he just completed , it’s a good deal . Get used to them overpaying in the high-end market, at least for awhile . These numbers matter because you have the looming shadow of Beckham’s contact . Plus they have so many guys who will need to be signed that the current cap number is over-estimating their breathing room. A fresh Solder contact , coupled with Eli’s Endless Autumns and Beckham—mean guys like JPP and Jackrabbit will be shown the door after this coming season .

The Giants have never utilized an aggressive interpretation of the draft. There is a difference between always being at the ceiling (as they do) and manipulating it as an accounting device.
Googs  
UConn4523 : 3/14/2018 7:06 pm : link
we do need to draft better, but we can’t wait until 2019 or 2020 to start addressing the team in FA. IMO paying Solder was better than paying Norwell due to the scarcity of good LT play in the league.

The highest paid player at his position label will be gone by next season. Who cares anyway? We have the money and it was arguably the biggest need on the roster.
RE: RE: From the looks of things  
AdamBrag : 3/14/2018 7:40 pm : link
In comment 13865772 Eric from BBI said:
Quote:
In comment 13865759 Mike in NY said:


Quote:


Most of the guaranteed money is the signing bonus plus first two years of the contract so if he falls of a cliff we are really only committed to 2018 and 2019



Why are folks ignoring the impact of a $16 million signing bonus? That's $4M per year in dead money depending on when/if you cut him.


Year 3 is the only tricky part on this contract. First two years are guaranteed and should be relatively easy to manage. In Year 3, he'll be $8m in dead cap if released and $17m if we keep him. If his play declines at all, $17m will be a very tough pill to swallow, but he has to be pretty bad to eat the %8m in dead cap. This could be a tricky re-negotiation but we will likely overpay him on a lower priced contract as a RT or a back up, making something like $7m-$10m a year.

I can't imagine many scenarios where we keep his contract for the first 3 years and then cut him in Year 4.
RE: RE: RE: Structure better than I thought  
rich in DC : 3/14/2018 7:51 pm : link
In comment 13865915 AcesUp said:
Quote:
In comment 13865901 rich in DC said:


Quote:


In comment 13865770 AcesUp said:


Quote:


They can cut bait or restructure in Year 3 without too much liability.



Which I told you repeatedly this morning.



No you didn't...


Riiighht. Your 11:39 AM post in the following thread (page 4, two-thirds of the way down) proves that you did. If you are going to lie, at least make it plausible

AcesUp gets caught lying - ( New Window )
RE: RE: RE: Speaking about when to cut this guy  
rich in DC : 3/14/2018 7:58 pm : link
In comment 13866064 Gatorade Dunk said:
Quote:
In comment 13865818 Mike in NY said:


Quote:


In comment 13865805 StingerProf said:


Quote:


Before he's even taken a practice snap. Jesus Christ you guys must give yourselves terrible anxiety!



I think you have to do this mental exercise with any large contract. I like that it is front loaded because it allows more room to get players like OBJ, Landon Collins, etc. signed long-term


How the hell is this contract front-loaded? Do you even know what front-loaded means? This contract is nothing if not back-loaded.


It is front loaded because all the guaranteed salary is up front.

In fact, the contract appears to be designed to force the Giants to either cut him or renegotiate after year 2.

The first 2 years salary are fully guaranteed, and he gets a $16M SB. After two years, only $8M in pro-rated SB is left. Year 3 has a salary of $9.9M BUT the bigger issue is the $3M roster bonus due at the start of the league year.

In other words, if the Giants cut him at the start of the league year, they get $1.9M in cap space, but carry $8M in dead money- not terrible.

However, if they do not cut him, his cap hit INCREASES to $16.9M AND it becomes harder to cut him after the 3rd year because the prorated hit goes up from $4M to $5.5M.

In short, the structure itself is designed to be a 2 year deal, at the end of which the parties restructure or walk away.
RE: RE: RE: RE: Speaking about when to cut this guy  
Gatorade Dunk : 3/14/2018 8:11 pm : link
In comment 13866217 rich in DC said:
Quote:
In comment 13866064 Gatorade Dunk said:


Quote:


In comment 13865818 Mike in NY said:


Quote:


In comment 13865805 StingerProf said:


Quote:


Before he's even taken a practice snap. Jesus Christ you guys must give yourselves terrible anxiety!



I think you have to do this mental exercise with any large contract. I like that it is front loaded because it allows more room to get players like OBJ, Landon Collins, etc. signed long-term


How the hell is this contract front-loaded? Do you even know what front-loaded means? This contract is nothing if not back-loaded.



It is front loaded because all the guaranteed salary is up front.

In fact, the contract appears to be designed to force the Giants to either cut him or renegotiate after year 2.

The first 2 years salary are fully guaranteed, and he gets a $16M SB. After two years, only $8M in pro-rated SB is left. Year 3 has a salary of $9.9M BUT the bigger issue is the $3M roster bonus due at the start of the league year.

In other words, if the Giants cut him at the start of the league year, they get $1.9M in cap space, but carry $8M in dead money- not terrible.

However, if they do not cut him, his cap hit INCREASES to $16.9M AND it becomes harder to cut him after the 3rd year because the prorated hit goes up from $4M to $5.5M.

In short, the structure itself is designed to be a 2 year deal, at the end of which the parties restructure or walk away.

I understand what you're saying, but $8MM in dead money is still $8MM in dead money. That's a competitive disadvantage.

Also, roster bonuses aren't amortized the way signing bonuses are. They're there to force a team's timing on a decision, but they don't spread a cap hit any differently than salary.
Some fans I think don't understand  
giantstock : 3/14/2018 11:30 pm : link
The Giants were an awful football team last year.

The justification that because several were close -- I juts don't think some fans understand.

I like DG's overall philosophy of believing in a front 7. But there are so many holes. The 2016 season was a fluke. And Eli isn't getting younger.

Then as our LT gets older our young QB will feel the heat more than he should then the endless cycle of trying to win now the GM will keep overpaying when he should have shown some semblance of patience.
When you draft poorly and develop poorly,  
Keith : 3/14/2018 11:44 pm : link
you overpay in free agency. This is a lot of money, we are showing dedperation.
RE: RE: RE: RE: Structure better than I thought  
AcesUp : 3/14/2018 11:58 pm : link
In comment 13866207 rich in DC said:
Quote:
In comment 13865915 AcesUp said:


Quote:


In comment 13865901 rich in DC said:


Quote:


In comment 13865770 AcesUp said:


Quote:


They can cut bait or restructure in Year 3 without too much liability.



Which I told you repeatedly this morning.



No you didn't...



Riiighht. Your 11:39 AM post in the following thread (page 4, two-thirds of the way down) proves that you did. If you are going to lie, at least make it plausible AcesUp gets caught lying - ( New Window )


I was hoping you would search that out and reread that, you definitely searched it out...but did you read it? If that's what you got out of our back and forth, I don't think I'm the one that missed the point.
RE: We had to spend...  
giantsFC : 3/15/2018 12:02 am : link
In comment 13865801 Chris in Philly said:
Quote:
money. Sigh. I was hoping he'd come here for free. Sigh...



LMFAO
RE: I think Gettleman fell down and hit his head on the ground  
BillKo : 3/15/2018 9:57 am : link
In comment 13865913 Jimmy Googs said:
Quote:
on the way to work.

I just am now catching up on this deal and have to shake my head and ask why? Improving the O-line by creating the highest paid Left Tackle in the NFL. For a 3-13 team and a 38 year old QB...

Am I in the minority here?


I think so, or at least should be.

Can Solder block in 2019 for either Davis Webb or a draft choice? And the following year of 2020?

I think the answer to that is yes. So from that perspective, with LT being of the utmost importance, this was a good signing.

If Solder was 35, I'd get your point. But he's 30.
RE: Some fans I think don't understand  
BillKo : 3/15/2018 9:58 am : link
In comment 13866680 giantstock said:
Quote:
The Giants were an awful football team last year.

The justification that because several were close -- I juts don't think some fans understand.

I like DG's overall philosophy of believing in a front 7. But there are so many holes. The 2016 season was a fluke. And Eli isn't getting younger.

Then as our LT gets older our young QB will feel the heat more than he should then the endless cycle of trying to win now the GM will keep overpaying when he should have shown some semblance of patience.


Unless there is a plan to develop young players to replace aging players.

New concept?
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