Dalton and Bengals Reach Agreement

[futurecoach]

@RapSheet: #Bengals QB Andy dalton signed a 6-year, $96M extension today, per source who has seen it. Can make up to $115M. $17M guaranteed

 

^That's ridiculously team-friendly. Not sure how anyone could be upset if that's really the guaranteed money.

 

If that is true then yes I agree that this was a pretty good deal then. Which is why I was wanting to wait until the details came out because that is much better than just looking at the whole 6 year 115 million.

[Voice of Reason]

@RapSheet: #Bengals QB Andy dalton signed a 6-year, $96M extension today, per source who has seen it. Can make up to $115M. $17M guaranteed

 

If that is accurate, every Dalton hater in the thread just fell in love with Mike Brown.

 

Actually, everyone just fell in love with Mike Brown. :lol2:

[HammerTime]

Dalton gets $17 million now, $22 million through early March | ProFootballTalk

 

 

No, Bengals quarterback Andy Dalton’s contract isn’t worth $115 million over six years, as others have reported. The base value, per a source with knowledge of the details, is $96 million over six years.

 

That doesn’t mean it’s time to have a bake sale for Andy Dalton. Still, that’s a $19 million gap between initial reports and reality.

 

The most important numbers are the numbers fully guaranteed at signing. Dalton receives a signing bonus of $12 million and a roster bonus in three days of $5 million. That’s a total of $17 million out of the gates. Coupled with his $986,000 base salary (which isn’t guaranteed as a legal matter but it is as a practical matter), Dalton will make $18 million in the first year of the deal.

 

Then, on the third day of the 2015 league year in March, Dalton earns a $4 million roster bonus. He also has a $3 million non-guaranteed base salary in 2015. That’s $25 million over two years.

 

Dalton passed on the opportunity to load injury-only guarantees into the contract, since the Bengals would have wanted Dalton to buy a disability policy similar to the one that the 49ers had Colin Kaepernick buy as part of his six-year extension. The policy cost $2 million in pre-tax dollars, and (as we’ll explain in a separate post) creates a bizarre donut hole of protection for the player and the team.

 

The rest of the base deal is simple. In addition to annual workout bonuses of $200,000, Dalton has base salaries of $10.5 million in 2016, $13.1 million in 2017, $13.7 million in 2018, $16 million in 2019, and $17.5 million in 2020.

[HammerTime]

Honestly I think it's a great deal for the Bengals.

[Voice of Reason]

^ Agreed. Great deal for the Bengals. :thumb:

[ColonelCrazy]

Dalton gets $17 million now, $22 million through early March | ProFootballTalk

 

 

No, Bengals quarterback Andy Dalton’s contract isn’t worth $115 million over six years, as others have reported. The base value, per a source with knowledge of the details, is $96 million over six years.

 

That doesn’t mean it’s time to have a bake sale for Andy Dalton. Still, that’s a $19 million gap between initial reports and reality.

 

The most important numbers are the numbers fully guaranteed at signing. Dalton receives a signing bonus of $12 million and a roster bonus in three days of $5 million. That’s a total of $17 million out of the gates. Coupled with his $986,000 base salary (which isn’t guaranteed as a legal matter but it is as a practical matter), Dalton will make $18 million in the first year of the deal.

 

Then, on the third day of the 2015 league year in March, Dalton earns a $4 million roster bonus. He also has a $3 million non-guaranteed base salary in 2015. That’s $25 million over two years.

 

Dalton passed on the opportunity to load injury-only guarantees into the contract, since the Bengals would have wanted Dalton to buy a disability policy similar to the one that the 49ers had Colin Kaepernick buy as part of his six-year extension. The policy cost $2 million in pre-tax dollars, and (as we’ll explain in a separate post) creates a bizarre donut hole of protection for the player and the team.

 

The rest of the base deal is simple. In addition to annual workout bonuses of $200,000, Dalton has base salaries of $10.5 million in 2016, $13.1 million in 2017, $13.7 million in 2018, $16 million in 2019, and $17.5 million in 2020.

 

Without studying other contracts around the league, this seems like a very good deal for the Bengals.

[futurecoach]

Honestly I think it's a great deal for the Bengals.

 

Agreed! Then even if say Andy does end up not doing very well, it doesn't seem like it would be that hard of a contract to get out of in a couple of years.

[Habib]

^That's ridiculously team-friendly. Not sure how anyone could be upset if that's really the guaranteed money.

 

There'd be people in here crying about something if the Bengals beat the Ravens 50-0 on opening day.

[futurecoach]

Looking the details in the whole story in the link Hammertime provided, it looks like the Bengals are definitely locked into Dalton for this season and next. However after that it seems like they could get out of the contract without taking a huge hit if needed.

 

Basically for Andy Dalton to get to the 115 million dollars he will need to win playoff games based on how the contract is laid out.

[Bengal Maniac]

Very Bengals friendly contract and one that I would have made. 17M guaranteed, most likely 25M over two. If he performs and gets them to the playoffs and beyond he gets paid. Very performance based. I am still not sure why Dalton signed it, but he probably will use some of it to buy insurance to pay him a substantial amount if it doesn't work out and his career is over after two years. That is the only thing that makes sense as to why he would.

 

Probably 25M for two years is a good way to go for the Bengals. Plenty of space to sign Burfict and Green. The Burfict deal will probably get going now. Green, well the Bengals will probably be at his mercy. he will get big time guarantees because they know if he hits the market 31 other teams will want him. Dalton they knew probably 8-10, if that many.

[John Anthony]

So 25 million guaranteed over 2 years then the Bengals "will see." Very friendly to both parties, 25 million is life altering money.

[TTS_JF]

Guys at my office in Pittsburgh on killing me right now...

[Hellbird]

I guess the silver lining is it's basically a 2 year contract as far as the Bengals are concerned. The bad side is it's too much money for those first 2 years for Dalton but I can live with it as long as the bengals don't resign him if he doesn't at least make it to the AFCCG in the next 2 years.

[Content1]

Commence meltdown... :lol2:

 

from Chernobyl to a candle once the figures have been dosclosed...

 

I'd like to see a lot more Mrs. McCaron in a few years!

 

:dancingpa

[John Anthony]

I guess the silver lining is it's basically a 2 year contract as far as the Bengals are concerned. The bad side is it's too much money for those first 2 years for Dalton but I can live with it as long as the bengals don't resign him if he doesn't at least make it to the AFCCG in the next 2 years.

 

25 million dollar try out is a sweet deal.