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Post by Fletch842 on Mar 8, 2021 18:56:04 GMT -5
breaking on ESPN right now. 4 years, 160M.
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Post by JoeyCush on Mar 8, 2021 18:56:53 GMT -5
Was bound to happen. Good for Dak.
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Post by TheAnalyst on Mar 8, 2021 19:06:00 GMT -5
126M guaranteed, NFL record
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Post by TEM on Mar 8, 2021 19:06:14 GMT -5
big money
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Post by TEM on Mar 8, 2021 19:12:52 GMT -5
The cap at 200 million . That is 20% of the cap per year
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Post by GameTime on Mar 8, 2021 19:35:48 GMT -5
kind of what was said he was going to get.
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Post by Kruunch on Mar 8, 2021 19:36:33 GMT -5
And fans said players wouldn’t get much money this year. If you break it down, he will make $75 million next year. To put that in perspective, he will make more than any pro athlete in the Country.
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Post by Nite on Mar 8, 2021 19:42:31 GMT -5
po' baby! How can he feed his family on that type of money??
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Post by TCHOF on Mar 8, 2021 19:46:52 GMT -5
Man, Jones got curb-stomped in the Dak negotiations
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Post by TheAnalyst on Mar 8, 2021 19:55:40 GMT -5
$75m in 2021?
How the hell can the Cowboys afford that with all their other big deals? Wow
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Post by imgrate on Mar 8, 2021 20:03:59 GMT -5
$75m in 2021? How the hell can the Cowboys afford that with all their other big deals? Wow Cap hit won't be 75...signing bonus can be spread over the course of the contract but the player gets the cash immediately
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Post by giantlegacy on Mar 8, 2021 20:11:39 GMT -5
$75m in 2021? How the hell can the Cowboys afford that with all their other big deals? Wow Cap hit won't be 75...signing bonus can be spread over the course of the contract but the player gets the cash immediately There goes all of Dallas' cap space for the next 3 years..
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Post by TheAnalyst on Mar 8, 2021 20:15:19 GMT -5
$75m in 2021? How the hell can the Cowboys afford that with all their other big deals? Wow Cap hit won't be 75...signing bonus can be spread over the course of the contract but the player gets the cash immediately Ah. So how is the cap hit spread out? I didn't see that part.
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Post by imgrate on Mar 8, 2021 20:18:04 GMT -5
Cap hit won't be 75...signing bonus can be spread over the course of the contract but the player gets the cash immediately Ah. So how is the cap hit spread out? I didn't see that part. Not sure how they have it all structured. They can have base salary in some years higher than others, can have other years with bigger incentives, etc.
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Post by giantlegacy on Mar 8, 2021 20:18:56 GMT -5
Cap hit won't be 75...signing bonus can be spread over the course of the contract but the player gets the cash immediately Ah. So how is the cap hit spread out? I didn't see that part. Pro rated bonus So divide what the bonus money is times 4 and add it on to that ywa4s contact Basically he could have 55 million with salary and pro rated bonus count against the cap per year
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Post by TheAnalyst on Mar 8, 2021 20:33:00 GMT -5
2021- $42M 2022- $42M 2023- $42M 2024- $34M
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Post by Rangers13 on Mar 8, 2021 20:38:06 GMT -5
Only $126 million guaranteed Wave XVI of Dallas contract restructures
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Post by ThatGuyRich on Mar 8, 2021 20:44:44 GMT -5
Ah. So how is the cap hit spread out? I didn't see that part. Not sure how they have it all structured. They can have base salary in some years higher than others, can have other years with bigger incentives, etc. I believe the total was 164 mil over 4 years. Plus a no trade and a no franchise clause. It should average out to 41 mil per year. How they divide it up is up to them. I believe that includes the 66 mil guaranteed. Don't know how their going to fit this in this year. Did the cap go up from 180 mil to 200 mil ? Is that true ? With those other big contracts I would think there's a load of restructuring going on in Dallas. Jerry had no option but to make it work. Dallas has the best QB in the division by a country mile. Hurtz, Jones, and whoever. The best QB usually wins the division. If Dallas did this we should be able to fit LW and DT.
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Post by ThatGuyRich on Mar 8, 2021 21:02:18 GMT -5
The cap at 200 million . That is 20% of the cap per year Tem, ...... Did they announce the cap going up from 180 to 200 mil ? That's great. We better be able to sign LW and DT if Dallas can fit in 40 mil this year. Plus it could go up again if the TV contracts get signed. Or did they get signed ?
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Post by Morehead State on Mar 8, 2021 21:23:04 GMT -5
breaking on ESPN right now. 4 years, 160M. Somewhere...Bill Belichick is weeping.
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Post by Eagles R. Guano on Mar 8, 2021 21:41:08 GMT -5
Dak's cap hit is $22.2M this year. $160M over 4 years with $126M guaranteed. No trade clause.
Just under Mahomes value. As a Cowboy fan I'm not jumping for joy. If the cap is $185M then Dak's share is 12%. Apprehensive to see if the front office can construct a defense. Probably won't be with FA's. Cows have 10 draft picks.
The QB market is reset so when the Lamar Jackson's and Josh Allen's contracts come up
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Post by SG88 on Mar 9, 2021 0:38:46 GMT -5
I'm all for players to get as much money as possible, especially when they can get cut in the middle of their deals to save cap space. The problem with paying a QB that kind of jack is that it takes away from another aspect of the team. Dallas had a real look at making it back to the Super Bowl when Dak was on his rookie deal. They blew their chance IMO.
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Post by Sarcasman on Mar 9, 2021 1:19:10 GMT -5
Man, Jones got curb-stomped in the Dak negotiations He's spending all that utility money he just raked.
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Post by TEM on Mar 9, 2021 7:04:13 GMT -5
The cap at 200 million . That is 20% of the cap per year Tem, ...... Did they announce the cap going up from 180 to 200 mil ? That's great. We better be able to sign LW and DT if Dallas can fit in 40 mil this year. Plus it could go up again if the TV contracts get signed. Or did they get signed ? No they did not . I was just using that as a metric. 180, 195 next year, 205 the next and than 210, (198 average). It may take 4 years of a relatively flat cap to recoup losses.
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Post by TEM on Mar 9, 2021 7:20:22 GMT -5
Dak's cap hit is $22.2M this year. $160M over 4 years with $126M guaranteed. No trade clause. Just under Mahomes value. As a Cowboy fan I'm not jumping for joy. If the cap is $185M then Dak's share is 12%. Apprehensive to see if the front office can construct a defense. Probably won't be with FA's. Cows have 10 draft picks. The QB market is reset so when the Lamar Jackson's and Josh Allen's contracts come up The cap expenditure for the QB position for 10-12 win team is an average of 10 %. This year he is within the statistical 2 percentage point average. His contract totals places him well above that. Dallas' biggest problem this year is ; They have 8 players that total 75% of the cap Even with the cap at 220 in year three (wishful thinking) He is at 20% of the cap. I did the math. If you want to look at it. thegiantsboard.proboards.com/thread/8220/change-concept-on-team-building
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Post by Roosevelt on Mar 9, 2021 8:26:07 GMT -5
Seems like Dak has one helluva an agent. From PFT -
Dak Prescott‘s contract easily can be called the best contract ever signed (once it’s officially signed) by any player in league history. The relatively straightforward details of the contract are set forth below (per a source with knowledge of the contract), followed by some analysis of what it all means.
First, Prescott will receive a $66 million signing bonus. That’s the biggest signing bonus ever received by any player in league history.
Second, he’ll have a $9 million base salary in 2021, fully guaranteed. With the signing bonus paid out entirely in 2021, he’ll receive $75 million by the end of the 2021 regular season. That’s also a record one-year payout.
Third, Prescott’s 2022 salary is $20 million, fully guaranteed. That equates to $95 million fully guaranteed at signing, also a record.
Fourth, he’ll receive in 2023 a base salary of $31 million. It’s guaranteed for injury for now, and it becomes fully guaranteed on the fifth day of the 2022 league year. Thus, to avoid owing him $126 million fully guaranteed, the Cowboys will have to cut Prescott after one year, at $95 million.
Fifth, Prescott has a $5 million roster bonus due on the fifth day of the 2024 league year, along with a 2024 base salary of $29 million. Both payments are non-guaranteed.
The contract includes a pair of voidable years, aimed at giving the Cowboys the ability to cram cap space from the four-year, $160 million deal into 2025 and 2026.
Prescott eventually will have three different protections against the franchise tag in 2025. First, although a no-tag clause is not yet in the draft of the contract, it’s expected to be added. Second, Prescott and agent Todd France insisted on the second tag being applied this year. This makes it, as previously mentioned, difficult if not impossible to ever franchise-tag him again, since it would entail a 44-percent increase over the cap number from the last year of his contract. Third, the final two years of the contract void the day before the start of the 2025 league year, after the franchise-tag deadline. Thus, if all else fails, he can’t be tagged in 2025 because his contract won’t expire until it’s too late to tag him.
At a minimum, Prescott has a three-year, $126 million deal. With no tag available in 2025, the Cowboys will surely try to convert the last year of the deal into a new contract. If not, he gets $160 million over the next four years. That’s $29.3 million more than Mahomes will make over the next four years, and he’ll still be under contract for seven years after that.
The deal also compares very favorably to the first four years of money paid to other top quarterbacks under their current deals. The $160 million payable to Prescott from 2021 through 2024 exceeds the first four years of Russell Wilson‘s current deal by $29 million. As to the first four years of Aaron Rodgers‘ current deal, it’s $35.5 million more. As to the first four years of Matt Ryan‘s current deal, it’s $42.5 million more. As to the first two years of Deshaun Watson‘s deal, it $49.2 million more. In comparison to the first four years of the Jared Goff contract, it’s $49.9 million more. As to the first four years of the Carson Wentz deal, it’s $56.1 million more. And as to the first four years of the Patrick Mahomes deal, the payout Prescott will receive exceeds the Mahomes contract by $56.4 million.
Prescott will be back in position to get another deal as soon as three years from now. At the latest, he’ll be on the open market in 2025, free and clear and subject to no tags. He’ll only be 31 at the time; for franchise quarterbacks, 31 is the new 21.
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Post by imgrate on Mar 9, 2021 9:05:55 GMT -5
Dak's cap hit is $22.2M this year. $160M over 4 years with $126M guaranteed. No trade clause. Just under Mahomes value. As a Cowboy fan I'm not jumping for joy. If the cap is $185M then Dak's share is 12%. Apprehensive to see if the front office can construct a defense. Probably won't be with FA's. Cows have 10 draft picks. The QB market is reset so when the Lamar Jackson's and Josh Allen's contracts come up The cap expenditure for the QB position for 10-12 win team is an average of 10 %. This year he is within the statistical 2 percentage point average. His contract totals places him well above that. Dallas' biggest problem this year is ; They have 8 players that total 75% of the cap Even with the cap at 220 in year three (wishful thinking) He is at 20% of the cap. I did the math. If you want to look at it. thegiantsboard.proboards.com/thread/8220/change-concept-on-team-building Whats the st dev of the QB pay? My guess is that it is bimodal ever since the rookie pay scale. All the good, cheap QBs that got alot of wins (mahomes, Jackson, Goff, etc.) And then also the cream of the crop guys in pay. Guessing the big exception will be Brady as he's kept his pay down.
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Post by TEM on Mar 9, 2021 9:09:37 GMT -5
The cap expenditure for the QB position for 10-12 win team is an average of 10 %. This year he is within the statistical 2 percentage point average. His contract totals places him well above that. Dallas' biggest problem this year is ; They have 8 players that total 75% of the cap Even with the cap at 220 in year three (wishful thinking) He is at 20% of the cap. I did the math. If you want to look at it. thegiantsboard.proboards.com/thread/8220/change-concept-on-team-building Whats the st dev of the QB pay? My guess is that it is bimodal ever since the rookie pay scale. All the good, cheap QBs that got alot of wins (mahomes, Jackson, Goff, etc.) And then also the cream of the crop guys in pay. Guessing the big exception will be Brady as he's kept his pay down. It ranged from some @1% to some at 16%. The statistical norm being 10% with Unused, Dead money and Special team spending totaling no more than 12% . It is not like there is a strong discrepancy across the league. All the teams basically use their Salrey cap with similarity. The problems come into play when you get outside of the norms too much than it takes away from other aspect of the team. Especially if a team is in that 12% or higher range of the cap not spent on Offence or Defense. PS: this isn't just Quarterback . It is team yearly spending on Quarterbacks.
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Post by imgrate on Mar 9, 2021 9:46:17 GMT -5
Whats the st dev of the QB pay? My guess is that it is bimodal ever since the rookie pay scale. All the good, cheap QBs that got alot of wins (mahomes, Jackson, Goff, etc.) And then also the cream of the crop guys in pay. Guessing the big exception will be Brady as he's kept his pay down. It ranged from some @1% to some at 16%. The statistical norm being 10% with Unused, Dead money and Special team spending totaling no more than 12% . It is not like there is a strong discrepancy across the league. All the teams basically use their Salrey cap with similarity. The problems come into play when you get outside of the norms too much than it takes away from other aspect of the team. Especially if a team is in that 12% or higher range of the cap not spent on Offence or Defense. PS: this isn't just Quarterback . It is team yearly spending on Quarterbacks. Gotcha, so it includes backup QB pay?
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Post by TEM on Mar 9, 2021 9:52:06 GMT -5
It ranged from some @1% to some at 16%. The statistical norm being 10% with Unused, Dead money and Special team spending totaling no more than 12% . It is not like there is a strong discrepancy across the league. All the teams basically use their Salrey cap with similarity. The problems come into play when you get outside of the norms too much than it takes away from other aspect of the team. Especially if a team is in that 12% or higher range of the cap not spent on Offence or Defense. PS: this isn't just Quarterback . It is team yearly spending on Quarterbacks. Gotcha, so it includes backup QB pay? Yes
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