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Neat Article in SI on Inside the Jones Contract Negotiations

gidiefor : Mod : 3/13/2023 10:39 am
Quote:
It was late Monday night, and Daniel Jones’s agents, Brian Murphy and Camron Hahn, were cashed from a day that started with a flight from Indianapolis to New Jersey, was spent mostly on the first floor of the Giants’ practice facility and didn’t engender a ton of optimism that a blockbuster contract was on the horizon. So in that delirium, as they tried to construct one last proposal to swing the momentum, a weird idea arose.


Let’s start drawing pigs.

Hahn bet he could draw a better one than Murphy. Murphy’s resembled a fish with legs. Hahn’s was marginally better—a curly tail actually made it distinguishable as a pig, which was enough to win the impromptu competition. And in the end, their hope was what was underneath, the so-called Lipstick on a Pig Proposal, would be enough to win the day Tuesday and help get the Giants and Jones to the endgame everyone was looking for.

-More by Albert Breer-

How the Daniel Jones Contract Negotiation Came Down to a Pinkie Swear Four Minutes Before the Deadline - ( New Window )
great article  
Eric on Li : 3/13/2023 10:47 am : link
this is basically the summary of the contract in a nutshell:

Quote:
The key was that Jones could add up to $35 million to his contract, with $63 million available in incentives—meaning he only had to hit a little over half of them to max out his contract, with the idea being that if Jones was playing like a top-10 quarterback, he’d be paid more like one, as the market promised to change in the months to follow with deals for Burrow, Hurts, Herbert and Jackson.

The interesting twist here is once the sides got in on the incentives, the bigger-picture pieces of the deal fell into place fast. The Giants agreed to fully guarantee the first two years of the deal, with the agents again yielding on the idea of a part of the third season vesting as fully guaranteed a year early. The agents got Jones’s two-year average over $40 million, with $82 million due between 2023 and ’24, while the team won on having a three-year average under $40 million per (the base value of the deal is $112.5 million from 2023–25).


practically speaking there's almost no way Jones doesn't see an AAV above 40m.

In a worst case scenario where he plays worse than he did last year, the deal ends after 2 years at 41m aav minimum.

In a base case where he plays like like last year in the next 2, he hits some mix of top 15/10/5 incentives and team makes playoffs he will hit incentives and the discount 3rd year will boost up enough to get over 40m per year. And they will probably be talking extension by year 3.

In a best case for everyone where he improves it's not impossible he comes close to his max out that takes him over 45m. Though again, he'd likely extend early.

this is the rare contract that is likely to be a higher AAV than initial reports.
Eric --  
gidiefor : Mod : 3/13/2023 10:50 am : link
I was going to use the word Great - but it didn't fit the allowable words in the title bar -- so I shortened it to Neat -- lol
RE: great article  
Thegratefulhead : 3/13/2023 10:53 am : link
In comment 16061572 Eric on Li said:
Quote:
this is basically the summary of the contract in a nutshell:



Quote:


The key was that Jones could add up to $35 million to his contract, with $63 million available in incentives—meaning he only had to hit a little over half of them to max out his contract, with the idea being that if Jones was playing like a top-10 quarterback, he’d be paid more like one, as the market promised to change in the months to follow with deals for Burrow, Hurts, Herbert and Jackson.

The interesting twist here is once the sides got in on the incentives, the bigger-picture pieces of the deal fell into place fast. The Giants agreed to fully guarantee the first two years of the deal, with the agents again yielding on the idea of a part of the third season vesting as fully guaranteed a year early. The agents got Jones’s two-year average over $40 million, with $82 million due between 2023 and ’24, while the team won on having a three-year average under $40 million per (the base value of the deal is $112.5 million from 2023–25).




practically speaking there's almost no way Jones doesn't see an AAV above 40m.

In a worst case scenario where he plays worse than he did last year, the deal ends after 2 years at 41m aav minimum.

In a base case where he plays like like last year in the next 2, he hits some mix of top 15/10/5 incentives and team makes playoffs he will hit incentives and the discount 3rd year will boost up enough to get over 40m per year. And they will probably be talking extension by year 3.

In a best case for everyone where he improves it's not impossible he comes close to his max out that takes him over 45m. Though again, he'd likely extend early.

this is the rare contract that is likely to be a higher AAV than initial reports.
Eric, spot on. This is a deal north of 40m AAV. Solid.
RE: Eric --  
Eric on Li : 3/13/2023 11:13 am : link
In comment 16061581 gidiefor said:
Quote:
I was going to use the word Great - but it didn't fit the allowable words in the title bar -- so I shortened it to Neat -- lol


bbi character limits are like twitter before twitter.

albert breer just posted the full jones incentive breakdowns btw. this probably deserves it's own thread.


That was a great read  
Sean : 3/13/2023 11:31 am : link
It also confirms this was Schoen’s negotiation. Schoen & Abrams.
Thanks for posting  
Lines of Scrimmage : 3/13/2023 12:32 pm : link
that was a very nice and detailed article on how things played out.

Schoen showed some "bend don't break" which in this case was a good thing imv.

Fun read, thanks!  
Matt123 : 3/13/2023 1:12 pm : link
.
negotiations  
kickoff : 3/13/2023 2:01 pm : link
Great read, really gives insight to how a deal is done.
Pinky swear and a hug at 3:56? Are you kidding me?  
j_rud : 3/13/2023 3:02 pm : link
Awesome read, thanks
Did Schoen have to buy his own white flag  
HomerJones45 : 3/13/2023 3:16 pm : link
or did the agents at least provide it?

Whatever Jones paid those guys, it wasn't enough. There is no way he would have got that contract on the open market.
RE: Did Schoen have to buy his own white flag  
Mike in NY : 3/13/2023 3:23 pm : link
In comment 16062135 HomerJones45 said:
Quote:
or did the agents at least provide it?

Whatever Jones paid those guys, it wasn't enough. There is no way he would have got that contract on the open market.


You may hate Daniel Jones, but you are WAY off base here. Seeing what Carr and Jimmy G., two 2 QB's their teams could not wait to get rid of, received in FA, Jones would have received an offer comparable or greater than what he did with the Giants gave if there were no Franchise tender. Jimmy G. received a deal a good $10M/year greater than he actually deserved.
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