Nate Solder Contract

The astounding number is $35 million in guaranteed money.

In comment 13865738 Eric from BBI said:

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The astounding number is $35 million in guaranteed money.

had to be so incentive to leave NE. def a good move. it had to happen imo

all clear!

but looks like he can be released after 2 years relatively painlessly?

In comment 13865743 Kevin in Annapolis said:

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but looks like he can be released after 2 years relatively painlessly?

The $16 million signing bonus would hurt.

$ 4 million signing bonus prorated
$5.9 million contract
$100K roster bonus

In comment 13865746 Brandon Walsh said:

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$ 4 million signing bonus prorated $5.9 million contract $100K roster bonus

$100K workout bonus*

In comment 13865746 Brandon Walsh said:

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$ 4 million signing bonus prorated $5.9 million contract $100K roster bonus

Raanan just reported the same thing.

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

with "only" 16 million in signing that means only $3 million per year in non-cash cap hit. Its a two to three year guaranteed contract.

In comment 13865759 Mike in NY said:

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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

Signing bonuses are pro-rated in terms of salary cap implications.

Norwell. I like it.

Good for him. Not too far from the Boston hospital treating his child or he good go to Sloan Kettering..He's still with the best possible care.

In comment 13865745 Eric from BBI said:

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In comment 13865743 Kevin in Annapolis said: Quote: but looks like he can be released after 2 years relatively painlessly? The $16 million signing bonus would hurt.

It would be $8M cap hit after Year 2, $4M cap hit after Year 3. However, his total cap hit if he stays would exceed those numbers so technically it is still cheaper to cut him than keep him after Year 2 if play does not warrant keeping him

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

In comment 13865759 Mike in NY said:

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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.

Just spit-balling, but it looks like a $10M cap hit this year; 2019 - $17M; 2020 - $17M; 2021 - $18M.

In comment 13865768 section125 said:

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Norwell. I like it. Good for him. Not too far from the Boston hospital treating his child or he good go to Sloan Kettering..He's still with the best possible care.

Same. Norwell is the better player, but we spent on the correct position. We can find a Guard much more easily in the draft.

So it's not really just a 2 year deal. Super fair price

In comment 13865772 Eric from BBI said:

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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.

$8 mill in dead cap money. That would be a pretty big hit, but there is no reason to think, barring injury, that he can't be an effective player for at least the next 3 years.

In comment 13865786 Mike in NY said:

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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.

In comment 13865772 Eric from BBI said:

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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.

It's relatively front loaded compared to most deals with a psuedo team option in Year 3. Only being liable for 8m dead money hit at that time is much better than I thought when I initially saw the guarantees attached to it this morning.

money. Sigh. I was hoping he'd come here for free. Sigh...

In comment 13865772 Eric from BBI said:

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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.

In comment 13865793 Diver_Down said:

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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.

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

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???

In comment 13865801 Chris in Philly said:

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money. Sigh. I was hoping he'd come here for free. Sigh...

Haha, that's essentially my reaction to each signing thread.

There really aren't deals to be had on veterans.

In comment 13865805 StingerProf said:

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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.

In comment 13865805 StingerProf said:

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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

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?

In comment 13865738 Eric from BBI said:

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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.

In comment 13865772 Eric from BBI said:

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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.

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Backloaded- as if they are anticipating a large contract coming off the books after this season.

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.

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.

In comment 13865876 TyreeHelmet said:

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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.

In comment 13865876 TyreeHelmet said:

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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 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.

In comment 13865770 AcesUp said:

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

Which I told you repeatedly this morning.

In comment 13865888 BigBlue4You09 said:

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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.

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...

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?

In comment 13865901 rich in DC said:

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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...

In comment 13865743 Kevin in Annapolis said:

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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.

In comment 13865913 Jimmy Googs said:

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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.

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.

which may be next season. Wouldn't we rather have 1 less problem to worry about when that time comes?

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.