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View Full Version : T2 contract base is $17m over 4 years, Option bonus next year is $6m not $11m



NYG4lifeNYK
03-13-2012, 10:06 PM
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<strong class="fullname js-action-profile-name">Mike Garafolo[/b]
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<p class="js-tweet-text">The base value of Terrell Thomas' deal per
NFLPA records: is $17 million over four years. Option bonus next year is
$6m not $11m. <s>#</s>nyg (https://twitter.com/#%21/search/%23nyg)</p><h2><span class="js-stream-title"></span>
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<span class="_timestamp js-short-timestamp " data-time="1331690411000" data-long-form="true"></span> (https://twitter.com/#%21/MikeGarafolo/status/179748730424147968)</small><a class="account-group js-account-group js-action-profile js-user-profile-link" href="https://twitter.com/#%21/MikeGarafolo" data-user-id="12513132">https://twimg0-a.akamaihd.net/profile_images/1813021940/smile_mike__normal.JPG
<strong class="fullname js-action-profile-name">Mike Garafolo[/b]
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<p class="js-tweet-text">Giants cornerback Terrell Thomas' contract details: $17.4 million base value that can easily increase http://bit.ly/xtFy1b (http://t.co/fZAStEIe)</p></div></div></div></div></div></div></div></div><p class="js-tweet-text">
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NYG4lifeNYK
03-13-2012, 10:13 PM
Let's take a look at the deal year by year:</p>



2012

Base salary: $1 million

Roster bonus (four games on the 53-man roster): $250,000

Roster bonus ($46,875 per game active): $750,000

Playing time/interception incentives: $1.75 million</p>



2013

Option bonus: $6 million

Base salary: $750,000 (skill/injury guaranteed if the option is picked up)

Roster bonus (if he plays 70 percent of snaps in 2012 and is on the roster the 10th day of the 2013 league year): $1.5 million

Roster bonus ($46,875 per game active): $750,000

Playing-time incentives: $2.25 million</p>



2014

Base salary: $3.8 million ($2.75 million guaranteed if option exercised)

Roster bonus ($31,250 per game active): $500,000

Workout bonus: $50,000

Playing-time incentives: $1.5 million</p>



2015

Base salary: $4.75 million

Roster bonus ($15,625 per game active): $250,000

Workout bonus: $50,000

Playing-time incentives: $1.5 million</p>



Cap numbers

2012: $2 million

2013: $3m

2014: $6.1m

2015: $7.05m</p>



Those cap numbers aren't set in stone. This is a relatively complex
deal, as opposed to some of the ones I've broken down before. The reason
for the disparity between the $28 million and the $17.4 million that
the NFLPA recognizes right now is due to all of the incentives in there.
They're relatively easy for Thomas to earn - if healthy - which is why
he's looking at the bigger numbers here.</p>



Those incentives not currently counted by the union in the base value
of the deal are $3.25 million in roster bonuses plus $7 million in
those playing-time and interception incentives.</p>



So where does the true value of the deal lie? Well, that all depends
on how his knee responds and what he's able to earn over the next four
years. It could be as low as $1 million or it could get over $20 million
easily.</p>



One thing that still stands up after all of the back and forth today: it's a very good deal for both sides.</p>