Blueflyer Posted August 30, 2009 Posted August 30, 2009 http://sports.espn.go.com/nfl/trainingcamp09/news/story?id=4432663 About time.
Blue Magic Posted August 30, 2009 Posted August 30, 2009 Was the part about teammates mocking his weight on the Hard Knocks episode necessary in this article?
formerkywrestler Posted August 30, 2009 Posted August 30, 2009 Was the part about teammates mocking his weight on the Hard Knocks episode necessary in this article?It helps to further illustrate that his lack of signing was a "subject of derision among teammates."
halfback20 Posted August 30, 2009 Posted August 30, 2009 Terms of the deal were not disclosed, but the Bengals' site reports the deal could be worth as much as $42 million. LINK
halfback20 Posted August 30, 2009 Posted August 30, 2009 Heyward-Bey got 5 years, $38.25M ($23.5M guaranteed).
halfback20 Posted August 30, 2009 Posted August 30, 2009 Actually the original link has the details of the contract: The contract is a four-year, $26 million deal, including $21 million guaranteed, with a team option for two more years that would make it a six-year, $42 million contract that would guarantee $29.5 million.
cch5432 Posted August 30, 2009 Posted August 30, 2009 So is that more or less? :lol: I'm so confused.
halfback20 Posted August 30, 2009 Posted August 30, 2009 So is that more or less? :lol: I'm so confused. The contract is a four-year, $26 million deal, including $21 million guaranteed, with a team option for two more years that would make it a six-year, $42 million contract that would guarantee $29.5 million. Heyward-Bey got 5 years, $38.25M ($23.5M guaranteed). ...
halfback20 Posted August 30, 2009 Posted August 30, 2009 Smith got more guaranteed money at $29.5M vs Heyward-Bey's $23.5M, as long as the Bengals pick up the two years at the end. Smith's contract, without the two year team option at the end is worth $6.5M per year. With the two years at the end it's worth $7M per year. Heyward-Bey's contract is worth $7.65M per year. But if Cincy picks up the two year team option after 4 years, he'll technically get more money. But his contract would be one year longer as well.
cch5432 Posted August 30, 2009 Posted August 30, 2009 I guess that means Smith's guaranteed salary is worth more, but Heyward-Bey's is more incentive-based.
halfback20 Posted August 30, 2009 Posted August 30, 2009 I guess that means Smith's guaranteed salary is worth more, but Heyward-Bey's is more incentive-based. I haven't seen anything about Heyward-Bey's being incentive-based at all. And Smith's guaranteed salary is worth more as long as the Bengals pick up the two year team option after 4 years. Otherwise he gets less guaranteed money.
cch5432 Posted August 30, 2009 Posted August 30, 2009 I haven't seen anything about Heyward-Bey's being incentive-based at all. And Smith's guaranteed salary is worth more as long as the Bengals pick up the two year team option after 4 years. Otherwise he gets less guaranteed money. Well the reason I said "incentive-based" is because a larger percentage of his salary is not guaranteed. If it is not guaranteed, than how does he attain it? I just assumed that he had to hit certain benchmarks in order to get that non-guaranteed money, hence I called it incentive-based. Is that inaccurate? I know very little about the structure of NFL contracts.
halfback20 Posted August 30, 2009 Posted August 30, 2009 Well the reason I said "incentive-based" is because a larger percentage of his salary is not guaranteed. If it is not guaranteed, than how does he attain it? I just assumed that he had to hit certain benchmarks in order to get that non-guaranteed money, hence I called it incentive-based. Is that inaccurate? I know very little about the structure of NFL contracts. Generally if it's an incentive based contract they will say that in the report. I'm sure there are certain escalators that will trigger pay increases in his contract, but I wouldn't think his contract would be an incentive-based contract. Maybe it is, I don't know. But his guaranteed money isn't much less than Smith's.
cch5432 Posted August 30, 2009 Posted August 30, 2009 Generally if it's an incentive based contract they will say that in the report. I'm sure there are certain escalators that will trigger pay increases in his contract, but I wouldn't think his contract would be an incentive-based contract. Maybe it is, I don't know. But his guaranteed money isn't much less than Smith's. Perhaps off topic, but do you know how these "escalators" work? What causes the increases?
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