which is where guaranteed money comes in
guaranteed money isnt a signing bonus
Printable View
I don't have any way of knowing the structure and I am betting the leak was "3 yrs/$21+M and the math was easier to do averaging it out rather than guessing at all of the scenarios.. I think you are right about year one, but there are ways to get around that and they know how to do that. Even Welker's deal turned out to be not so lucrative "if..." The devil will be in the details.
I'm sorry but that's just not true at all.
Lets say he signs a deal worth $28MM with $11M bonus ( 4 years) and a $1.5MM salary year one. That would be $12.5MM guaranteed. The cap hit year one would be $4.25MM year one even though he gets $11M at the day of the signing. $11MM divided by 4, plus $1.5MM).
So guaranteed money can mean that the deal is front loaded but the cap hit isn't.
guaranteed money is money you will make if you get hurt or cut
a signing bonus is a way to keep cap numbers lower