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NGT: How Watson’s contract will cripple the Browns

djstat : 3/30/2023 11:08 pm
Watson signed a 5 Year, $230 Million fully guaranteed contract in 2022. He was given a $46 Million signing bonus, which I was prorated over five years, counting $9.2 Million each year against the cap (2022-2026).

In 2023, Watson was due a salary of $46,000,000. The Browns restructured Watson’s deal by converting $44,920,000 into a signing bonus, added a void year to 2027 so they could spread out the cap hit. Watson’s cap this year was reduced to $19,057,000. His 2023 base salary is $1,080,000. His original signing bonus of $9.2 Million from the ‘22 bonus and $8,984,000 of the ‘23 signing bonus.

Where things get fun are next year. Watson’s Base Salary is currently $46 Million. His prorated bonuses total up to $17,977,000 for a 2024 cap number of $63,977,000. The Browns can restructure Watson’s contract at any point but he has to agree to an extension. But imagine if he plays awful? The cap could rise to $256 million next year, Watson’s cap number accounts for 25% of the Browns cap.

As some people clamor for guaranteed contracts, remeber this example.
Still think they're moving towards guaranteed contracts  
j_rud : 3/30/2023 11:12 pm : link
and think they should too. But they're not gonna be 5 years.
I know this is an uncharted waters contract  
bwitz : 3/30/2023 11:14 pm : link
But haven’t we been seeing this same thing for years, and, it’s never really as Hindenburg as it seems?
Now think about how  
Toth029 : 3/31/2023 6:34 am : link
Lamar Jackson wants more guaranteed money than Watson (probably more years then, too). That will destroy the QB market way more than it already is. No team is doing that. Lamar is being obtuse.
RE: Now think about how  
UConn4523 : 3/31/2023 6:57 am : link
In comment 16078930 Toth029 said:
Quote:
Lamar Jackson wants more guaranteed money than Watson (probably more years then, too). That will destroy the QB market way more than it already is. No team is doing that. Lamar is being obtuse.


He’s trying to push the market, he may not be as dumb as everyone thinks and in the end it’s all negotiating. If someone gets desperate they will cave. If not he’ll take a lesser deal or the tag (or sit if he wants). He’s not losing anything by waiting.
As for Watson, the contract blows  
UConn4523 : 3/31/2023 7:00 am : link
because of the person, what happened, what can still happen in his personal life, and the king lay-off. But on the field it’s really not as bad as people make it seem, assuming his play gets back to normal.
RE: Still think they're moving towards guaranteed contracts  
djstat : 3/31/2023 7:14 am : link
In comment 16078910 j_rud said:
Quote:
and think they should too. But they're not gonna be 5 years.
. I for one hope they don’t move to guaranteed contracts. When a player is done, they don’t need to keep getting paid. Just because baseball and basketball have guaranteed contracts, does not mean it’s a good thing. I am not pro owner, I am not pro player, I am pro fan. And as a fan, I want my team to be competitive, not stuck paying contracts of players, who can’t produce any more.
The Browns are already 37 Million OVER the cap in 2024  
ZogZerg : 3/31/2023 7:18 am : link
The Giants, BTW, have 116 million in cap space in 2024.

If the Browns don't win it all soon, they will be rebuilding again.

Guaranteed contracts will ruin the sport. Hold strong owners!

Football is a game of injuries  
Chip : 3/31/2023 7:28 am : link
When the Giants won super bowls the team seemed to get healthy at the end of the season. If some injury hits Watson the cap hit will be extreme and ruin the Browns for a couple of years. The Jones contract will turn out to be quite reasonable and he will see the 4 years of the contract. Escalating cap means escalating salaries.
RE: The Browns are already 37 Million OVER the cap in 2024  
bw in dc : 3/31/2023 8:16 am : link
In comment 16078936 ZogZerg said:
Quote:
The Giants, BTW, have 116 million in cap space in 2024.

If the Browns don't win it all soon, they will be rebuilding again.

Guaranteed contracts will ruin the sport. Hold strong owners!


I'm very much the other way - pro player. Of all the professional team sports, football players should get guaranteed contracts based on the violence and risk of the sports. Think about it: go out there and entertain tens of millions of people in a brutal sport - our most popular sport by far - by putting your longterm health at risk. But without 100% guaranteed money.

It's absurd to me that that would even be in dispute.

...  
christian : 3/31/2023 9:03 am : link
I support guaranteed contracts. My guess is players only net 60 cents on the dollar max from the sticker price now.

I think a system of realistic 2, 3, and 4 year deals makes for an exciting market. And if teams want to lock up a franchise guy for 5 years, they better make it worth his while.

If I were a QB I would never sign a 5 year deal. Too much discount to the team in the out years.
RE: As for Watson, the contract blows  
nochance : 3/31/2023 9:08 am : link
In comment 16078934 UConn4523 said:
Quote:
because of the person, what happened, what can still happen in his personal life, and the king lay-off. But on the field it’s really not as bad as people make it seem, assuming his play gets back to normal.



I'm sure there is some type of a morals clause in the contract
RE: RE: The Browns are already 37 Million OVER the cap in 2024  
nochance : 3/31/2023 9:10 am : link
In comment 16078949 bw in dc said:
Quote:
In comment 16078936 ZogZerg said:


Quote:


The Giants, BTW, have 116 million in cap space in 2024.

If the Browns don't win it all soon, they will be rebuilding again.

Guaranteed contracts will ruin the sport. Hold strong owners!




I'm very much the other way - pro player. Of all the professional team sports, football players should get guaranteed contracts based on the violence and risk of the sports. Think about it: go out there and entertain tens of millions of people in a brutal sport - our most popular sport by far - by putting your longterm health at risk. But without 100% guaranteed money.

It's absurd to me that that would even be in dispute.



As long as you are willing to pay $250-$300 a ticket minimum
As an attorney I can’t wrap my head around how  
Hammer : 3/31/2023 9:14 am : link
A contract that is fully enforceable on one party but can be unilaterally terminated by the other side is not unconscionable.

I fully understand that a party to a CBA can waive it legal rights, and that apparently is what’s going on here.

Still, anyone with any sense of fairness has to engage in significant mental gymnastics in order to defend this paradigm.
RE: RE: RE: The Browns are already 37 Million OVER the cap in 2024  
islander1 : 3/31/2023 9:16 am : link
In comment 16078965 nochance said:
Quote:
In comment 16078949 bw in dc said:


Quote:


In comment 16078936 ZogZerg said:


Quote:


The Giants, BTW, have 116 million in cap space in 2024.

If the Browns don't win it all soon, they will be rebuilding again.

Guaranteed contracts will ruin the sport. Hold strong owners!




I'm very much the other way - pro player. Of all the professional team sports, football players should get guaranteed contracts based on the violence and risk of the sports. Think about it: go out there and entertain tens of millions of people in a brutal sport - our most popular sport by far - by putting your longterm health at risk. But without 100% guaranteed money.

It's absurd to me that that would even be in dispute.





As long as you are willing to pay $250-$300 a ticket minimum


I think just because you have a guaranteed contract doesn't mean they HAVE to be absurd wages. Players won't agree to it, though, because ultimately they'd end up earning less money and contracts would generally be shorter.

I suspect players will generally feel better about a 5 year, 75 million dollar deal with 30 million guaranteed; over a 3 year, 40 million dollar deal with 100% guaranteed.

As far as ticket prices, this is an issue regardless the cap is related to league income. If that drops, so will the cap.
RE: The Browns are already 37 Million OVER the cap in 2024  
ColHowPepper : 3/31/2023 9:17 am : link
In comment 16078949 bw in dc said:
Quote:
In comment 16078936 ZogZerg said:... Quote:...
Guaranteed contracts will ruin the sport. Hold strong owners!//////

I'm very much the other way - pro player. Of all the professional team sports, football players should get guaranteed contracts based on the violence and risk of the sports. Think about it: go out there and entertain tens of millions of people in a brutal sport - our most popular sport by far - by putting your longterm health at risk. But without 100% guaranteed money.
It's absurd to me that that would even be in dispute.

As much as from a 'selfish fan' perspective zz's position is recognizable to us--let's stock up on talent and have plenty of cap space to stock up on more!!, that is harsh, as bw points out. Given that in the sports of hoops and baseball injuries tend to be fewer and less serious--pitchers probably the exception--guaranteed $$ are a relatively acceptable risk to run from owners' business perspectives.

Football (followed by hockey): the risks of injury to your indentured servants are significantly greater, so the risks to owners' business perspectives are, accordingly, much greater. For the NFL to have the least guaranteed money is a very one-sided calculus.
RE: RE: Now think about how  
Toth029 : 3/31/2023 9:41 am : link
In comment 16078933 UConn4523 said:
Quote:
In comment 16078930 Toth029 said:


Quote:


Lamar Jackson wants more guaranteed money than Watson (probably more years then, too). That will destroy the QB market way more than it already is. No team is doing that. Lamar is being obtuse.



He’s trying to push the market, he may not be as dumb as everyone thinks and in the end it’s all negotiating. If someone gets desperate they will cave. If not he’ll take a lesser deal or the tag (or sit if he wants). He’s not losing anything by waiting.


He turned down a 3-year, $133M fully guaranteed.

He wants more than what Watson got. That's considerably more than what Allen and Mahomes got.

If this was Joe Burrow? I could possibly see the argument. Not for an oft-injured, not overly impressive passing QB like Jackson.
RE: As an attorney I can’t wrap my head around how  
BigBlueShock : 3/31/2023 9:59 am : link
In comment 16078969 Hammer said:
Quote:
A contract that is fully enforceable on one party but can be unilaterally terminated by the other side is not unconscionable.

I fully understand that a party to a CBA can waive it legal rights, and that apparently is what’s going on here.

Still, anyone with any sense of fairness has to engage in significant mental gymnastics in order to defend this paradigm.

What are you talking about? The only “enforceable” part of the contract is the guaranteed part. EITHER side can get out of the non guaranteed portion. Sure a team can cut a player but the player also has options
RE: As for Watson, the contract blows  
Section331 : 3/31/2023 10:13 am : link
In comment 16078934 UConn4523 said:
Quote:
because of the person, what happened, what can still happen in his personal life, and the king lay-off. But on the field it’s really not as bad as people make it seem, assuming his play gets back to normal.


This. Yes, it’s a bad contract to give anyone, but Watson was the worst candidate to blow up the QB market.

I don’t think it’s fair to lump Lamar in with Watson. Lamar has said he never demanded a fully guaranteed contract, and as far as wanting more money, why shouldn’t he? When it was reported that Jones’s team wanted $45M per, May here defended that by saying (correctly) that he should ask for as much as he can. Why shouldn’t Lamar, who has had a much better career to dat?
RE: RE: As an attorney I can’t wrap my head around how  
Section331 : 3/31/2023 10:18 am : link
In comment 16079009 BigBlueShock said:
Quote:
In comment 16078969 Hammer said:


Quote:


A contract that is fully enforceable on one party but can be unilaterally terminated by the other side is not unconscionable.

I fully understand that a party to a CBA can waive it legal rights, and that apparently is what’s going on here.

Still, anyone with any sense of fairness has to engage in significant mental gymnastics in order to defend this paradigm.


What are you talking about? The only “enforceable” part of the contract is the guaranteed part. EITHER side can get out of the non guaranteed portion. Sure a team can cut a player but the player also has options


That’s not true. Let’s use Daniel Jones contract as an example. Technically, the contract is 4 years, but the Giants can get out after 2 with little penalty. However, if the Giants want to roll the contract through all 4 years, Jones doesn’t get to unilaterally void the last 2 years like the Giants can.
Guaranteed money makes no sense to me  
Pepe LePugh : 3/31/2023 10:20 am : link
unless it’s in return for guaranteed performance. Any sport. Any profession for that matter. As for higher injury risk in pro football, I agree that there should be a way to insure the players without crippling a team’s cap position. Better retirement benefits are needed as well.
RE: RE: RE: The Browns are already 37 Million OVER the cap in 2024  
Gatorade Dunk : 3/31/2023 3:47 pm : link
In comment 16078965 nochance said:
Quote:
In comment 16078949 bw in dc said:


Quote:


In comment 16078936 ZogZerg said:


Quote:


The Giants, BTW, have 116 million in cap space in 2024.

If the Browns don't win it all soon, they will be rebuilding again.

Guaranteed contracts will ruin the sport. Hold strong owners!




I'm very much the other way - pro player. Of all the professional team sports, football players should get guaranteed contracts based on the violence and risk of the sports. Think about it: go out there and entertain tens of millions of people in a brutal sport - our most popular sport by far - by putting your longterm health at risk. But without 100% guaranteed money.

It's absurd to me that that would even be in dispute.





As long as you are willing to pay $250-$300 a ticket minimum

That's probably not what would happen.

First of all, fans assume that there's a massive passalong rate that only occurs in the ticket price. Generally, there's simply not enough inventory to accommodate much upside on the ticketing revenue, and teams aren't going to price their tickets any higher than that which will result in a full sellout. And if their market could sustain a $250+ minimum entry price, they'd already have that pricing scale in place right now. They're not artificially suppressing ticket prices to appease you right now, so it's not like there's some limiter that would be removed out of necessity if guaranteed contracts forced franchises to ramp up revenue.

Once you start to realize that the NFL isn't intentionally leaving any ticketing revenue on the table right now, it necessarily follows that they aren't going to jack up ticket prices in response to OPEX changes because they're presumably already aiming to optimize ticket revenue (and full capacity).
RE: RE: RE: Now think about how  
UConn4523 : 3/31/2023 3:55 pm : link
In comment 16078986 Toth029 said:
Quote:
In comment 16078933 UConn4523 said:


Quote:


In comment 16078930 Toth029 said:


Quote:


Lamar Jackson wants more guaranteed money than Watson (probably more years then, too). That will destroy the QB market way more than it already is. No team is doing that. Lamar is being obtuse.



He’s trying to push the market, he may not be as dumb as everyone thinks and in the end it’s all negotiating. If someone gets desperate they will cave. If not he’ll take a lesser deal or the tag (or sit if he wants). He’s not losing anything by waiting.



He turned down a 3-year, $133M fully guaranteed.

He wants more than what Watson got. That's considerably more than what Allen and Mahomes got.

If this was Joe Burrow? I could possibly see the argument. Not for an oft-injured, not overly impressive passing QB like Jackson.


What you’d do doesn’t matter though. Calling him obtuse for trying to set a new market norm, which he’d likely get as a UFA is strange. The hate this guy is taking doesn’t make sense to me.

I wouldn’t give up picks and pay him a fully guaranteed contract either, but he’s not stupid or delusional for wanting and asking for that.
The  
Toth029 : 3/31/2023 4:33 pm : link
Point is, he doesn't have that leverage he thinks he does. Other teams see how offen he's injured. They know they must cordially base their scheme around running the football.

And the man demands $230M+ guaranteed? This isn't setting a high bar, it's being unrealistic.
I just don’t agree  
UConn4523 : 3/31/2023 4:49 pm : link
there’s no timetable right now and no reason for him to lessen his ask. As long as Atlanta, Indy, NYJ, etc all have no concrete solution at QB Lamar Jackson should continue to ask for what he wants. And that also includes Baltimore that has to be very careful about him potentially sitting. Great franchise but could be disastrous.

Just look at there OP - it wasn’t too long ago that people thought Watson would never play again and not only did he sign a mega deal but it was fully guaranteed. Thinking Jackson isn’t being realistic doesn’t make any sense.
RE: Football is a game of injuries  
Spiciest Memelord : 4/1/2023 12:22 pm : link
In comment 16078938 Chip said:
Quote:
When the Giants won super bowls the team seemed to get healthy at the end of the season. If some injury hits Watson the cap hit will be extreme and ruin the Browns for a couple of years. The Jones contract will turn out to be quite reasonable and he will see the 4 years of the contract. Escalating cap means escalating salaries.



If Watson gets injured the Browns will likely wind up with an equal or better QB.
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