Poop Brian Waters signed a 6 year contract extention in 2006 - Page 3

tk13 · 02-01-2006, 02:33 AM

http://www.kansascity.com/mld/kansas...s/13760069.htm

Waters signs six-year extension
Chiefs guard makes deal without agent

By ELIZABETH MERRILL
The Kansas City Star

In this time of uncertainty for the Chiefs’ offensive line, one thing is certain — Brian Waters will be in Kansas City for a while.

Waters, a two-time Pro Bowl guard, has agreed to a six-year contract extension. Chiefs president/general manager Carl Peterson said Tuesday that the deal was quietly struck in November, with no agents and apparently little haggling.

Waters fired his agent roughly a year ago, and when he missed offseason workouts last summer, it was speculated that he was staying away because of contract issues. It turns out he saved a big hunk of money by negotiating on his own, though the Chiefs, per team policy, declined to give terms of the deal.

“I think it’s only smart to retain your own best players first, and then if you have the money and the cap dollars (remaining) to go after free agents,” Peterson said. “You don’t want those guys to ever get to the last year of their contract for fear that you might lose them to free agency.

“It gives us continuity for the future of the offensive line.”

Waters, who was cut by Dallas as a rookie in 1999, was picked up roughly six months later by Kansas City and blossomed into one of the NFL’s elite at left guard. He made his first Pro Bowl in 2004, and the Chiefs have had the league’s No. 1 offense the last two seasons.

Waters is the link between the line’s decorated past and its future. With 11-time Pro Bowl guard Will Shields pondering retirement, and Pro Bowl tackle Willie Roaf approaching his final years, Waters will be called upon to help bring along the younger linemen.

Shields is expected to make a decision sometime after the Pro Bowl.

**Dunit35** · 02-01-2006, 10:08 AM

Sweet news...

shaneo69 · 02-01-2006, 10:11 AM

Carl will soon be announcing his new policy of handing out extensions to any Chiefs player who fires their agent.

Waters' new contract is out on NLFPA.com. Looks like he did pretty good for himself...

2006 - $500,000
2007 - $500,100
2008 - $500,200
2009 - $500,300
2010 - $500,400
2011 - $500,500

Len Pasquarelli is reporting a signing bonus of $600.

I would say that this is a pretty cap-friendly deal the first two years, but we may need to re-structure after that.

KCTitus · 02-01-2006, 10:15 AM

Quote:

Originally Posted by shaneo69

Waters' new contract is out on NLFPA.com. Looks like he did pretty good for himself...

Maybe they just updated it...

2006 545000.00
2007 670000.00
2008 2085000.00
2009 3600000.00
2010 4400000.00
2011 5400000.00

Lurch · 02-01-2006, 10:19 AM

Awesome news.

BigChiefFan · 02-01-2006, 10:37 AM

Glad to hear he re-signed with the Chiefs. I was concerned by this, but the FO did a good job of addressing this so he wouldn't become a FA. Props.

Pitt Gorilla · 02-01-2006, 10:37 AM

Clearly, CP and Hunt don't care about winning. Dammit, Carl!

Kylo Ren · 02-01-2006, 01:10 PM

Now CP needs to lock up LJ's contract, resign T-Rich and restructure Tony G's contract.

joesomebody · 02-01-2006, 01:21 PM

“I think it’s only smart to retain your own best players first, and then if you have the money and the cap dollars (remaining) to go after free agents,” Peterson said. “You don’t want those guys to ever get to the last year of their contract for fear that you might lose them to free agency."

Awesome, I guess that means Siavii is next!!!

**dirk digler** · 02-01-2006, 01:31 PM

Great job CP!!

JohnnyV13 · 02-01-2006, 02:13 PM

Quote:

Originally Posted by Hoover

So if it was done in November could we have used some of our unused 2005 Cap space to absord some of the bonus?

I'll guarentee they did exactly that. See, under the CBA, any contract (or contract extension) can't prorate a signing bonus more than 3 seasons past that last capped year. That means a big signing bonus would still have big cap hit b/c it would only be split over 4 years.

Now, if you soak up existing cap room by giving a 2005 roster bonus with the extension, you can take that off the 05 cap.

I expect a structure that includes a 05 roster bonus, AND a signing bonus that is relatively small, so that his 06 cap number is actually VERY reasonable.

KCChiefsMan · 02-01-2006, 02:13 PM

well deserved! awesome news!

BIG_DADDY · 02-01-2006, 02:19 PM

Gotta love a player that cuts out the agent.

Coach · 02-01-2006, 03:27 PM

Good deal.

Kylo Ren · 02-01-2006, 04:32 PM

I think Tim Grunhardt never used an agent either.

penchief · 02-01-2006, 07:36 PM

Quote:

Originally Posted by phxchief

Can I get a HELL YEAH?

Hell, in the affirmative! That is positive news, indeed.

02-01-2006, 02:33 AM
tk13 ... Join Date: Nov 2001 Casino cash: $-1867500	Brian Waters signed a 6 year contract extention in 2006 http://www.kansascity.com/mld/kansas...s/13760069.htm Waters signs six-year extension Chiefs guard makes deal without agent By ELIZABETH MERRILL The Kansas City Star In this time of uncertainty for the Chiefs’ offensive line, one thing is certain — Brian Waters will be in Kansas City for a while. Waters, a two-time Pro Bowl guard, has agreed to a six-year contract extension. Chiefs president/general manager Carl Peterson said Tuesday that the deal was quietly struck in November, with no agents and apparently little haggling. Waters fired his agent roughly a year ago, and when he missed offseason workouts last summer, it was speculated that he was staying away because of contract issues. It turns out he saved a big hunk of money by negotiating on his own, though the Chiefs, per team policy, declined to give terms of the deal. “I think it’s only smart to retain your own best players first, and then if you have the money and the cap dollars (remaining) to go after free agents,” Peterson said. “You don’t want those guys to ever get to the last year of their contract for fear that you might lose them to free agency. “It gives us continuity for the future of the offensive line.” Waters, who was cut by Dallas as a rookie in 1999, was picked up roughly six months later by Kansas City and blossomed into one of the NFL’s elite at left guard. He made his first Pro Bowl in 2004, and the Chiefs have had the league’s No. 1 offense the last two seasons. Waters is the link between the line’s decorated past and its future. With 11-time Pro Bowl guard Will Shields pondering retirement, and Pro Bowl tackle Willie Roaf approaching his final years, Waters will be called upon to help bring along the younger linemen. Shields is expected to make a decision sometime after the Pro Bowl.
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02-01-2006, 10:08 AM	#31
Dunit35 Keepin it Real Join Date: Sep 2004 Location: Oklahoma Casino cash: $-2282955	Sweet news...
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02-01-2006, 10:11 AM	#32
shaneo69 Smug Weasel Join Date: Jul 2003 Location: Bleachers at Busch Casino cash: $10004900	Carl will soon be announcing his new policy of handing out extensions to any Chiefs player who fires their agent. Waters' new contract is out on NLFPA.com. Looks like he did pretty good for himself... 2006 - $500,000 2007 - $500,100 2008 - $500,200 2009 - $500,300 2010 - $500,400 2011 - $500,500 Len Pasquarelli is reporting a signing bonus of $600. I would say that this is a pretty cap-friendly deal the first two years, but we may need to re-structure after that. __________________ "I like Chiefs president Carl Peterson. I respect his business savvy. I envy his management skills and his penchant never to be driven by the whims of popularity. I admire his willingness to take responsibility for decisions that don’t work out the way he would have wanted." - Rufus, from KCChiefs.com ----------------------------------------------------------------------
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02-01-2006, 10:19 AM	#34
Lurch You rang? Join Date: Oct 2005 Location: Greenbriar, USA Casino cash: $9954957	Awesome news. __________________ Beer is proof that God loves us and wants us to be happy. -- Benjamin Franklin
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02-01-2006, 10:37 AM	#35
BigChiefFan MVP Join Date: Feb 2001 Location: In the Top 10 Casino cash: $9924205	Glad to hear he re-signed with the Chiefs. I was concerned by this, but the FO did a good job of addressing this so he wouldn't become a FA. Props. __________________ A 35 year drought can make you thirsty.
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02-01-2006, 10:37 AM	#36
Pitt Gorilla Banned! Join Date: Sep 2000 Location: NOT Columbia, MO 65201 Casino cash: $-109806	Clearly, CP and Hunt don't care about winning. Dammit, Carl! __________________ Your son is a bench warmer because of your weak genetics not because of the coach Norlin Mommsen is disgusting.
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02-01-2006, 01:10 PM	#37
Kylo Ren Grandson of Darth Vader Join Date: Feb 2003 Location: Starkiller Base Casino cash: $10015175	Now CP needs to lock up LJ's contract, resign T-Rich and restructure Tony G's contract. __________________ Forgive me. I feel it again... the call from light. Supreme Leader senses it. Show me again the power of the darkness, and I'll let nothing stand in our way. Show me, grandfather, and I will finish what you started. I will fulfill our destiny.
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02-01-2006, 01:21 PM	#38
joesomebody Waiting to be voted off Join Date: Feb 2004 Location: Baltimore, MD Casino cash: $9994900	“I think it’s only smart to retain your own best players first, and then if you have the money and the cap dollars (remaining) to go after free agents,” Peterson said. “You don’t want those guys to ever get to the last year of their contract for fear that you might lose them to free agency." Awesome, I guess that means Siavii is next!!!
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02-01-2006, 01:31 PM	#39
dirk digler Please squeeze Join Date: Jul 2003 Location: Clinton, MO Casino cash: $144644	Great job CP!!
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02-01-2006, 02:13 PM	#41
KCChiefsMan AIC Join Date: Oct 2002 Location: West Roxbury, MA Casino cash: $10004900	well deserved! awesome news!
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02-01-2006, 02:19 PM	#42
BIG_DADDY THE RED MENACE Join Date: Aug 2000 Location: Texas Casino cash: $2558410	Gotta love a player that cuts out the agent. __________________ The diabolical genius of Marxism-Socialism is that it provides the emotional and intellectual road map for autocrats to persuade millions of people to support their own enslavement to government. ~Mark Levin April 15, 2019
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02-01-2006, 03:27 PM	#43
Coach Champs! Join Date: Mar 2004 Casino cash: $3728476	Good deal. __________________ Super Bowl IV, LIV, LVII & LVIII Champions 2020, 2021, 2023, 2024, & 2025 AFC Champions 1985 & 2015 Major League Baseball World Series Champions 1980, 1985, 2014, & 2015 Major League Baseball American League Champions 2015 American League Central Division Champs
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02-01-2006, 04:32 PM	#44
Kylo Ren Grandson of Darth Vader Join Date: Feb 2003 Location: Starkiller Base Casino cash: $10015175	I think Tim Grunhardt never used an agent either. __________________ Forgive me. I feel it again... the call from light. Supreme Leader senses it. Show me again the power of the darkness, and I'll let nothing stand in our way. Show me, grandfather, and I will finish what you started. I will fulfill our destiny.
Posts: 10,197