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Why do NFL Players sign the multi year contracts they do?

Discussion in 'Football: NFL, College, High School' started by wizkid83, Apr 16, 2005.

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  1. wizkid83

    wizkid83 Member

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    With the TO situation I was wondering why NFL players sign more than one year or two year contracts. I don't understand it, they can be cut the very next year, and the only thing that's guaranteed is the signing bonus, in which most of the time for non marquee players that's not even more than a one year's salary. Even with the salary cap penalties on teams that cut them, I think it's obvious that teams really don't have second thought of cutting a player.

    I think if a NFL player case, the best thing to do is sign a two year contract in which 35% to half of it is a bonus, that would be the best scenario for a NFL player imo, so why do a NFL player sign 4 - 5 year contracts?
     
  2. bigballerj

    bigballerj Member

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    Well if you are a very good & relatively young QB like Manning, McNabb, Brady, Culpepper, etc....don't count on being cut. A great QB is very hard to replace, the other positions aren't.

    Therefore, I agree that it's not a good idea to sign for no more than 3-4 years unless you are a franchise level QB.
     
  3. wizardball

    wizardball Member

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    everyones got to look out for themeselves...in the end they have a limited window of playing life...also with the style of life they live they need to make as much as possible ... and with money comes those beggers in the family who want a slice.:mad:
     
  4. KeepKenny

    KeepKenny Member

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    why would the team give them a huge signing bonus if the player only wants to sign for two years?

    I think they reward the guys who sign longterm by giving those bonuses.
     
  5. wizkid83

    wizkid83 Member

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    Right, but what I want to say is for an NFL player to maximise his earning potential, he shouldn't sign a contract more than 2 years length. It seems that NFL players aren't buying into it.
     
  6. Win

    Win Member

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    Major props to Drew brees (sp?) who had leverage out the ass , but STILL opted for a one year contract to help the team. Dude has class, especially considering how the bolts were giving him the cold shoulder before the season started.
     
  7. wizardball

    wizardball Member

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    wizkid83


    man its abouit security.... if a player gets a career ending injury and your contract is a short term contract well guess what the insurance company looks at your length of contract.... and will use that to determine the disposition amount... so if your a player you want a long term contract....

    that's why T.O is asking for a new deal.....cause he out performed his contract status...and now wants a new deal...i don't see nothin wrong with that...i would do the same.
     
  8. Kilgore Trout

    Kilgore Trout Member

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    I think it all goes into the negotiations formula. To put it in oversimplified terms, teams wouldnt give players their desired signing bonuses it they wouldnt agree to mult year contracts.
     
  9. Air Langhi

    Air Langhi Contributing Member

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    He might suck next year and you know they have QB in waiting. Brees might be classy but he might not be too bright if he cares about money.
     
  10. Prempeh

    Prempeh Member

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    Way I figure, you may as well sign whatever deal you want to get the most money. The years don't really matter -- look at Daunte's contract -- no way he sees the end of it before he's cut or has it restructured.

    In the NFL, you have every right to hold out for more money if you feel like you deserve it. I don't buy the whole "you've signed the contract so now you should honor it" spiel, because the team is not under that same obligation -- they'll cut your ass. In the NBA and MLB, yes, that's guaranteed, but not in the NFL.
     
  11. m_cable

    m_cable Member

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    The reason that NFL players sign multi-year deals is because the signing bonus will be able to be spread out over the life of the deal. For example if someone wants a 10 million dollar signing bonus, and signs a two years deal, that signing bonus would hit the cap at 5 million for each of those two years. Considering that there are 53 roster spots and the cap is like 80 mill, big cap hits like that would make it tough to fill out a roster. But if the guy signs a 7 year deal, the signing bonus could be spread out over the life of the contract so that the cap figure is much easier to swallow.

    This is a pretty general explanation but it gives you some idea of why the NFL goes through this farce.
     
  12. wizkid83

    wizkid83 Member

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    Hey I played Madden too :D But thing is, if the team is intent to play him and not cut him, his contract is still count against the cap anyways. I mean if a player signs a 7 million per year contract, it will hit the cap 7 million / year unless the team cuts him. So by spreading out the signing bonus, teams only save cap room if they cut a guy, I don't think as a player I would want to give the team that kind of leverage.

    I think the insurance and team preference is closest thing to the reason they do what they do.
     
  13. drapg

    drapg Member

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    It has to do with the salary cap and m_cable nailed it.

    A player signs a 10 year contract worth 100 million with a 20 million bonus. The signing bonus counts only 2 million per year.

    Lets say the player is productive for the first five years. He is getting his salary, which is usually pretty small for the first part of the contract. The contracts are usually backloaded, with the HUGE salaries coming at the end. So in wizkid's case, if a contract averages to $7 million per year, the first few years are usually about 3-4 million in actual salary (reasonable). With a HUGE signing bonus given up front, players are fine with playing for smaller salaries. Now it looks to average 7 million per year b/c its backloaded. The last 3-4 years of the contract would have outrageous salaries, like 10-15 million per year.

    Over the lifetime of the contract it averages to 7 million per year. However, teams know they will renegotiate before the true salary escalates at the back end of the contract. Either that, or they will cut the player.

    Players are fine with this b/c they get HUGE signing bonuses up front. Peyton's 20 million. Drew Bledsoe, Brett Favre, Michael Vick, etc.
     
  14. Rocket River

    Rocket River Member

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    because there are TWO sides of a negotiation

    You senarie benfits the players
    and the owners are about THEIR OWN BENEFIT

    gotta give a little to get a little

    Rocket River
     

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