ChiefsPlanet - Chiefs Eric Berry signs 6-year, $78m extension

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Eric Berry signs 6-year, $78m extension (https://chiefsplanet.com/BB/showthread.php?t=306283)

Quote:

Originally Posted by DJ's left nut (Post 12761108)

no contracts are ever announced like that.

Were they at one point in time? I feel like I'd have gotten that from somewhere.

Quote:

Originally Posted by ThaVirus (Post 12761121)

Were they at one point in time? I feel like I'd have gotten that from somewhere.

Not that I've ever seen.

Found my proposal in Boss Chiefs thread:

Quote:

Originally Posted by DJ's left nut (Post 12724398)

I think your total figures are about 12-15% too high. Let's say 5/60 w/ $32 million guaranteed instead.

Signing bonus of $20 million with guaranteed salaries of 3 and 5 million in years 1 and 2, partially guaranteed at $8 million in year 3. Unguaranteed salaries of $10 and $14 million in years 4 and 5.

2017: $7 million cap hit
2018: $9 million cap hit
2019: $12 million cap hit
2020: $14 million cap hit
2021: $18 million cap hit

At that point keeping him around in 2020 is actually feasible so you've actually gotten return on 4 years of that signing bonus instead of 3 and then eating 2 of them. If you keep him through 4 years, you've spent $46 million over 4 seasons (fair figure for the market) and if all hell breaks loose you've spent $36 over three; as a worst case scenario, Berry does pretty well there.

So ultimately I'd say no to your proposal but you have my counter, Mr. Berry.

Looks like I got the signing bonus right at $20 million. I put the guarantee lower (I didn't guarantee as much salary as this deal likely will), but I'm betting in the end my 5/$60 million ends up really really close to what he actually sees in the first 5 years of this deal and I think the 6th year allows some salary spread that makes it possible that my 4/$46 prediction also ends up pretty close to balls on.

Quote:

Originally Posted by mcaj22 (Post 12761120)

yea Clark literally cut a fat check when that contract was signed today.

This agent is cleaning Clarks pockets Berry, LDT, Spiller

I am sure the agent made about $5 off that contract.

I wonder who is on the hook for the insurance policy

Not sure this was the right move. I will say we can trust him with the big contract to not mail it in.

I hope.

That ****ing sucks. We paid that much for a guy who doesn't even sell that many jerseys?!

The contract works in the sense that after this season we are offloading other big contracts including DJ, tamba, and Smith.

Sweet. We got him for a reasonable deal!

Quote:

Originally Posted by BossChief (Post 12761159)

Sweet. We got him for a reasonable deal!

I gave you credit....but DaFace deleted that shit.

Here's hoping he can stay healthy better than Justin Houston!

What our estimated cap space now?

The big deals aren't a big deal if our qb is making peanuts in a year or two

Quote:

Originally Posted by O.city (Post 12761195)

The big deals aren't a big deal if our qb is making peanuts in a year or two

Exactly

He's only making 50% more than Kam Chancellor will make next season. NBD.