Mike Garafolo
@MikeGarafolo
The #Giants have agreed to a two-year extension with OL Nick Gates, who started three games last year. The deal has a base value of $6.825 million and could max out at $10.325 million. A former undrafted free agent who spent his first year on IR, Gates cashes in.
A bit much...that's starter money...
I'm not really sure I understand the question about who else is getting contracts like this. I mean, you can look at Keith Smith a FB for the Falcons. Matthew Slater, a career ST'er for the Pats, Zach Wood, a LS for the Saints or the contracts for 14 other reserve players that SPORTRAC is showing happened.
- the upside scenario is he performs at or above league average at center,(or guard or tackle, that would awesome) reaches the incentives and earns ~11M over the next 3 years
- the neutral scenario is he doesn’t play league average or above starter and is relegated to backup “something” and earns ~5-7M the next 2 or 3 years
- downside scenarios, he is cut after next year, or reaches the incentives to be paid the full amount, but isn’t all that good — for instance if the incentives are around starts or snaps
Food for thought Halopio started 15 games and 95% of snaps. If those are the parameters to up the cost, and he plays as bad that would suck.
Har har har Kevin Abrams joke. He's been here as the cap guy for every one of those contracts.
Risk should be managed at all sizes of contracts. Is the supposition as long as a signing bonus is $1.5M it really doesn't matter who you give it to? Hey, just cut them if they don't pan out right?
Kevin Abrams made the FA decisions in 2016 or the decisions to resign + trade JPP/Beckham? Pretty sure they led the league in dead money because the of $200m guaranteed the respective GMs gave those guys, not because Abrams did a poor job structuring the contracts and certainly not because they gave a some back roster players like Keenan Robinson or Will Johnson less than 1% of the guaranteed money they gave those guys.
Being an aficionado on dead money you probably already know this but it surprised me just now to see that at the moment the NYG are actually about $4m better than the league average. Somehow I missed all the positive posts on this trend from the dead money enthusiast sub-community. So they could cut Nick Gates twice tomorrow and eat the entire dead cap hit twice while still being below the league average because it's that inconsequential an amount of money.
I think he's probably the top contender at either RT or C - whichever he's better at and/or the 2nd option is worse at. At C that could be Pulley or Lemiux, at RT it could be either Flemming or Peart.
C is probably the best position for his skill set but also the bigger unknown since he's never played there and never snapped.
recognizing improvement takes away a key narrative they want to keep ramrodded down on the board.
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as it stands right now - he's the swing OT who can also play guard?
I think he's probably the top contender at either RT or C - whichever he's better at and/or the 2nd option is worse at. At C that could be Pulley or Lemiux, at RT it could be either Flemming or Peart.
C is probably the best position for his skill set but also the bigger unknown since he's never played there and never snapped.
Center is his best position and yet he has never played there? Ever.
I think we need to take DG’s comments with a grain of salt, particularly since he hasn’t seemed to be able to find this team an adequate Center as of yet. It could be a pipe dream for all we know.
'20 - play this year on your base
'21 - get tendered at either $2.1m or $3.2m in March or hit UFA ($2m tender = de facto FA, if $3m you're a UFA in '22)
'22 - UFA
'20 - play this year on your base and get $1.5m check
'21 - make between $2-4m next year depending on incentives or get cut
'22 - make between $2-4m the year depending on incentives or get cut
This is one that will take more detailed analysis once the full contract is available but I suspect the salaries are close to similar in either scenario and both would be non-guaranteed.
So I think this decision basically boils down to a choice between $1.5m check today or reaching UFA 1 or 2 years earlier. That $1.5m just sees really light considering even Spencer Pulley got more guaranteed money a few years ago and as an observer I'd easily prefer Gates > Pulley. But obviously who knows what Gates' personal situation is and how to factor in the uncertainty of C19.
I think he's probably the top contender at either RT or C - whichever he's better at and/or the 2nd option is worse at. At C that could be Pulley or Lemiux, at RT it could be either Flemming or Peart.
C is probably the best position for his skill set but also the bigger unknown since he's never played there and never snapped.
Center is his best position and yet he has never played there? Ever.
I think we need to take DG’s comments with a grain of salt, particularly since he hasn’t seemed to be able to find this team an adequate Center as of yet. It could be a pipe dream for all we know.
And skillset does not always equal best position. But his strength seems to be his mobility and movement which would probably translate better on the interior than at T at his size, but who knows. Maybe he's Bakhtiari II.
This.
We can move on now
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In comment 14944082 Eric on Li said:
I think he's probably the top contender at either RT or C - whichever he's better at and/or the 2nd option is worse at. At C that could be Pulley or Lemiux, at RT it could be either Flemming or Peart.
C is probably the best position for his skill set but also the bigger unknown since he's never played there and never snapped.
Center is his best position and yet he has never played there? Ever.
I think we need to take DG’s comments with a grain of salt, particularly since he hasn’t seemed to be able to find this team an adequate Center as of yet. It could be a pipe dream for all we know.
And skillset does not always equal best position. But his strength seems to be his mobility and movement which would probably translate better on the interior than at T at his size, but who knows. Maybe he's Bakhtiari II.
Eric I read the whole sentence and you went several bridges too far. His skills have been presented in exactly 3 whole starts and all at different positions than the one you said he probably is best skilled at. Nowhere near enough to make such an assessment for a coach no less a fan poster.
Look, I am sure we all we would like Gates to be a contributor and maybe even a solid guy somewhere on the line. Obviously DG sees something in him hence the nice extension. But seems like we should wait to see if hikes the football over Daniel Jones head too much before we call Center his best position.
Eric I read the whole sentence and you went several bridges too far. His skills have been presented in exactly 3 whole starts and all at different positions than the one you said he probably is best skilled at. Nowhere near enough to make such an assessment for a coach no less a fan poster.
Look, I am sure we all we would like Gates to be a contributor and maybe even a solid guy somewhere on the line. Obviously DG sees something in him hence the nice extension. But seems like we should wait to see if hikes the football over Daniel Jones head too much before we call Center his best position.
A bridge too far by saying his skillset may be best at center vs. RT while clearly pointing out the obvious unknown that he has never in fact played center? Someone call the hyperbole police.
Surely you realize just about every scouting report entering the NFL projected him moving inside from tackle right to the point where he was labeled a guard at the combine? I wasn't making a suggestion out of thin air based on last year - just restating the conventional wisdom that generally undersized UDFA's with short arms project as interior lineman rather than tackles, and as it happens we only have 1 open interior position right now at C. Whether he can snap or handle the additional mental aspects of the center position is an unknown - as was clearly stated in the same sentence you took issue with.
And really not unusual all for college Tackles to project to Guard in the NFL, but moving to Center is a whole different deal with several distinct skill sets. So best not to just bunch them up all up as interior lineman in this comparison.
Real simply, Gates doesn't have any live snaps at the Center position in his career to even rely upon to make the statement what he is best at. I hope he is a superstar at Tackle, Guard and Center, but at this stage would be satisfied if he can do one of them reasonably well after the coaches develop him moreso and figure out how he can be a contributor.
Oh, and don't call me Shirley.
And really not unusual all for college Tackles to project to Guard in the NFL, but moving to Center is a whole different deal with several distinct skill sets. So best not to just bunch them up all up as interior lineman in this comparison.
Real simply, Gates doesn't have any live snaps at the Center position in his career to even rely upon to make the statement what he is best at. I hope he is a superstar at Tackle, Guard and Center, but at this stage would be satisfied if he can do one of them reasonably well after the coaches develop him moreso and figure out how he can be a contributor.
Oh, and don't call me Shirley.
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Eric I read the whole sentence and you went several bridges too far. His skills have been presented in exactly 3 whole starts and all at different positions than the one you said he probably is best skilled at. Nowhere near enough to make such an assessment for a coach no less a fan poster.
Look, I am sure we all we would like Gates to be a contributor and maybe even a solid guy somewhere on the line. Obviously DG sees something in him hence the nice extension. But seems like we should wait to see if hikes the football over Daniel Jones head too much before we call Center his best position.
A bridge too far by saying his skillset may be best at center vs. RT while clearly pointing out the obvious unknown that he has never in fact played center? Someone call the hyperbole police.
Surely you realize just about every scouting report entering the NFL projected him moving inside from tackle right to the point where he was labeled a guard at the combine? I wasn't making a suggestion out of thin air based on last year - just restating the conventional wisdom that generally undersized UDFA's with short arms project as interior lineman rather than tackles, and as it happens we only have 1 open interior position right now at C. Whether he can snap or handle the additional mental aspects of the center position is an unknown - as was clearly stated in the same sentence you took issue with.
Agree with above generally. Mostly concerned about the team trying to push square pegs in round holes versus just getting professional Center in place. Again, I think Gates might be the starting Right Tackle based upon events of the past month.
On the flip side however we have seen both Seubert and Boothe each as individuals likely best suited to be guards, kick in to play center effectively. Brandon Linder had a similar physical profile to Gates and he moved to center in the NFL after playing a bunch of different positions at Miami. So we aren't talking about a rare feat like turning a TE into an OT or a WR into a DB. If Gates is good on the mental side I think it's likely he might have the best long term potential at C of any player on the roster currently. I don't think the same is true of him at RT (bc of Peart) though he may be the best option right now and anything is possible.
And regardless of what happens this year, his most ideal long term spot may be RG once Zeitler moves on.
Judge says they will try guys at different places and see what sticks so I guess we will all just have to wait and see what they decide to do. But Gates being perhaps the best option for both of the currently open spots is a big reason why I think this was a really smart contract. If he ends being the solution at either open starting spot it will be a very below market value.
Not an ideal preseason to bring someone into the mix late though...pandemic constraints, limited practices and games, new offense, etc. Not sure if feasible.
Eric - this is where the details on the contract become quite important. If he earns ~5M/YR in 21/22 as a center -- it's not below market value. It's mid-market value.
If he cracks the lineup as a starting guard or tackle, that's awesome.
As I posted above -- based on current contracts (and a presumably shrinking cap) -- a 5M AAV center would slot depending on the year at 11th or 15th.
If the contract rewards him at the top end by some measure that indicates he play well, again awesome. If the contract rewards for simply playing, not awesome.
Again, as I posted above, a guy like Halopio played 95% of snaps and started 15 games -- I hope simple measures like that aren't the incentives.
#2 - even aside from #1, if we were to cherry pick your $5m number instead of AAV, that would slot in as the 19th highest among all centers 1 spot behind Nick Eason and 1 spot ahead of BJ Finney (so below average). The $3m AAV is only a few spots behind that so for ranking purposes it's not all that different. $2m would take him out of the top 32 centers - so the base of the contract is as a backup.
But again, this is all willfully ignorant of the fact that his AAV cost next year was either going to be the tender at $2.1m or $3.2m - and if it was 2.1m tender he would have been a defacto FA (original rd compensation for a UDFA). Whenever the official details get published do you think his cap # pre-incentives will be pretty close to $3.2m which was his likely '21 destiny? Because I do.
AAV for centers - ( New Window )
In 2020, Gates will earn a base salary of $675,000, while carrying a cap hit of $676,668.
In 2020, Gates will earn a base salary of $675,000, while carrying a cap hit of $676,668.
They don't have the details yet and are just putting in placeholders.
Presumably his 2020 compensation is his current ~675K salary + plus a portion (500K) of his new signing bonus. 2020 is a low salary now and before. All good.
Moving forward is the key issue, and where I don't believe "below market" applies, especially if the incentives are easy to earn. If the incentives are commensurate with playing well, all good too!
If he were to be paid ~5M in 2021 he would be the 16th most costly center, and in 2022 would be 12th most costly.
Presumably his 2020 compensation is his current ~675K salary + plus a portion (500K) of his new signing bonus. 2020 is a low salary now and before. All good.
Moving forward is the key issue, and where I don't believe "below market" applies, especially if the incentives are easy to earn. If the incentives are commensurate with playing well, all good too!
If he were to be paid ~5M in 2021 he would be the 16th most costly center, and in 2022 would be 12th most costly.
Given the 1.5 million signing bonus, his cap hits at most would be 4.6 million in 21/22 even with hitting all incentives (assuming they are all LTBE and spread evenly along with salary).
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Eric -- the extension is beyond 2020 (21,22), and those are the years I was clearly addressing (and noted).
Doh, it would be 4.8 million. Forgot I should have only pulled out 500k not 1 million.
Presumably his 2020 compensation is his current ~675K salary + plus a portion (500K) of his new signing bonus. 2020 is a low salary now and before. All good.
Moving forward is the key issue, and where I don't believe "below market" applies, especially if the incentives are easy to earn. If the incentives are commensurate with playing well, all good too!
If he were to be paid ~5M in 2021 he would be the 16th most costly center, and in 2022 would be 12th most costly.
Given the 1.5 million signing bonus, his cap hits at most would be 4.6 million in 21/22 even with hitting all incentives (assuming they are all LTBE and spread evenly along with salary).
So here goes nothing. Start with:
$10.3m reported maximum
minus $1.5m reported new SB
=$8.8m max salaries w/ all incentives
minus $660k year 1 salary ('20 salary remaining the same per Pat T.)
= $8.14m non-gtd max salary w/ incentives in years 2 + 3 (4.57m max AAV for those 2 years including prorated SB)
Now if we want to speculate on the yet to be confirmed non-gtd base salaries in years 2+3, I'd guess it's:
$6.8m (reported new money in 2 year extension)
- $1.5m SB
= $5.3m ($2.65m AAV for those 2 seasons, which also happens to split the difference of what the original round tender and the 2nd round RFA tender would have been next year if they were the same as this year).
That's all obviously rough based off the limited info we know - but I don't think the exact details need to be confirmed when we know there's only $1.5m guaranteed and the max value is $10.3m over these 3 years (Max AAV $3.43m).
The simplest read on the contract is this - 3 years, $7.5m, with $1.5m of that being SB. $2.5m AAV. With about $1m in TBD incentives per year beyond that. Slightly backloaded since they kept year 1 salary the same but how much more beyond that remains to be seen.
I mean speculating that the incentives are just for playing time is a whole lot of fun here, but that isn't very realistic. At least some portion (usually a significant portion) of incentives are tied to measures of good play - not just starts.
But again - without trying to speculate that the majority of the incentives MAY be just for playing, the argument falls flat.
See the trend here? The argument falls flat without wild speculation and exaggeration.
yeah I mean this is 100x more clear cut than the Pulley extension, which looks Dennis Rodman controversial in comparison.
Gates gave them 1 extra year in return for a $1.5m check right now and a potentially lower salary than he'd have gotten next year. Call me crazy but in normal times where there's no uncertainty I don't think any player does that when they are 1 year from FA.
The simplest read on the contract is this - 3 years, $7.5m, with $1.5m of that being SB. $2.5m AAV. With about $1m in TBD incentives per year beyond that. Slightly backloaded since they kept year 1 salary the same but how much more beyond that remains to be seen.
Got it. And if doesn't hold up this year the team is really only out the $660K salary plus the $1.5M bonus for his services.
Some portion of the incentives will be playing-time based. For offensive linemen, there will be additional incentives that will usually include a number of starts that would mean the team made the playoffs, incentives tied to the team's overall record, and then individual awards. And these incentives don't count against the cap when the deal is signed:
Joel Bitonio and Andrew Whitworth had incentives based on percentage of snaps played (with a bonus at 85%), incentives for number of starts - with Whitworth having a bonus at 18 starts (needs the playoffs) and both had incentives based on record that kicked in when the team was over .500
In addition, there were incentives for being named Pro Bowl and All-Pro and for not committing penalties.
Penalties can only be measured if your starting so cuts both ways but workable as a metric.
So "3 starts" was really just more than 1/4 of the season when you add in partial action.
75-85% would seem to be fair for both sides. If he remains in the swing role he won't come close but if he wins a starting role he will likely hit it. And if he doesn't play well enough to lock down that starting role for multiple seasons he'd return to the swing role and lower comp.
Penalties can only be measured if your starting so cuts both ways but workable as a metric.
Yes agree, should have said # of starts or # of snaps will be the likely key measure.
Cameron Erving's contract with the Cowboys has incentives:
So being active for all games will get him $500K, but no matter how much he plays, if the Cowboys don't make the postseason, he doesn't earn an additional $250K
@NYGsalomone
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6m
Coach Joe Judge is on a video conference. He said Nick Gates, who just signed a contract extension, could factor into any of the five starting OL spots. He said the coaches need to do a good job of mapping out how they split his practice reps.
Cameron Erving's contract with the Cowboys has incentives:
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Erving will make $31,250 each time he’s on the active gameday roster — $500,000 in total. Speaking to his incentives, the former Chiefs starter can net $125,000 if he logs 65 percent of offensive snaps and the Cowboys qualify for the playoffs, and an additional $125,000 if he plays 80 percent of snaps and the team reaches the postseason.
So being active for all games will get him $500K, but no matter how much he plays, if the Cowboys don't make the postseason, he doesn't earn an additional $250K
Well, lets see if Gates and his agent remembered what the NYG won/loss record has been for the past several years.
The roster and start money is 60% of the incentives
The roster and start money is 60% of the incentives
Gates might want to go with that 1st or 2nd best OL incentive. With this line it may be a slam-dunk for him.
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Eric -- the extension is beyond 2020 (21,22), and those are the years I was clearly addressing (and noted).
Presumably his 2020 compensation is his current ~675K salary + plus a portion (500K) of his new signing bonus. 2020 is a low salary now and before. All good.
Moving forward is the key issue, and where I don't believe "below market" applies, especially if the incentives are easy to earn. If the incentives are commensurate with playing well, all good too!
If he were to be paid ~5M in 2021 he would be the 16th most costly center, and in 2022 would be 12th most costly.
Given the 1.5 million signing bonus, his cap hits at most would be 4.6 million in 21/22 even with hitting all incentives (assuming they are all LTBE and spread evenly along with salary).
Sorry for my Qanon level deception with the rounding there :) -- you are right it is indeed 4.6M at the high end. As of now that would still be good for 16th, and actually 11th highest paid center in 21 and 22 respectively.
My only point in all of this, is if Gates hits the top end of the incentives as a center he's being paid fairly. I hope the incentives are constructed to measure success and I hope he hits them.
Thank Captain Analytics
@RapSheet
The #Bills officially signed veteran G Brian Winters, who gets a 1-year deal worth $3M with $2M guaranteed. Not bad for this economic environment.
good thing they got the Gates deal done before Winters turned the market upside down.
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Ian Rapoport
@RapSheet
The #Bills officially signed veteran G Brian Winters, who gets a 1-year deal worth $3M with $2M guaranteed. Not bad for this economic environment.
good thing they got the Gates deal done before Winters turned the market upside down.
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Ian Rapoport
@RapSheet
The #Bills officially signed veteran G Brian Winters, who gets a 1-year deal worth $3M with $2M guaranteed. Not bad for this economic environment.
good thing they got the Gates deal done before Winters turned the market upside down.
Beane did learn from Gettleman, so it makes sense he would make a similar move