Announcement

Collapse
No announcement yet.

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

Collapse
X
  • Filter
  • Time
  • Show
Clear All
new posts

  • T2 contract base is $17m over 4 years, Option bonus next year is $6m not $11m

    [/b]







    The base value of Terrell Thomas' deal per
    NFLPA records: is $17 million over four years. Option bonus next year is
    $6m not $11m. #nyg













































    "Once a Giant, ALWAYS, a Giant."

  • #2
    Re: T2 contract base is $17m over 4 years, Option bonus next year is $6m not $11m



    Let's take a look at the deal year by year:





    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





    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





    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





    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





    Cap numbers

    2012: $2 million

    2013: $3m

    2014: $6.1m

    2015: $7.05m





    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.





    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.





    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.





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

    "Once a Giant, ALWAYS, a Giant."

    Comment

    Working...
    X