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...
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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Quote:
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