08-03-2015, 11:08 AM
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#352
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Psycho Bag Of Squanch
Join Date: Sep 2001
Casino cash: $9594244
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Quote:
Originally Posted by ThaVirus
He gets $31 million 100% guaranteed as a signing bonus. He'll get $20 mil of that this year and the additional $11 mil next April.
His contract contains some more guaranteed money if he stays on the roster at certain points over the life of the contract. For example, if he's still on the roster by the fifth league day of the 2016 and 2017 seasons, he'll be guaranteed another portion of his contract. Technically, those numbers aren't guaranteed now because they could cut him prior to the dates and keep the money, however unlikely.
Another thing to note: his contract contains $60 mil in guarantees to injuries. So, as I mentioned, if they decide to cut him, say, after the 2015 season, he'll only see the $31 signing bonus and $700,000 salary (that's the $31.7 number being thrown around) for the season, but if he gets injured at any time throughout his contract and can't play, he'll receive an additional $29 mil to make the total of guaranteed money $60 mil.
(I think that about covers it)
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Thanks. So if they cut him within the allotted time frame provided he wasn't injured they wouldn't have to pay him anything beyond the $31M?
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