Colin Kaepernick gets over $100 million new deal

[Just Passin' By]

Originally Posted by Jakemall

it is a 6 year extension. Do you know what that means?

Yes. It means that you're trying to pretend it's not a 6 year deal by playing up the already existing contract year.

[Jakemall]

Originally Posted by Just Passin' By

Yes. It means that you're trying to pretend it's not a 6 year deal by playing up the already existing contract year.

And you're trying to pretend that this year doesn't matter. He's locked up til 2021.

[Just Passin' By]

Originally Posted by Jakemall

And you're trying to pretend that this year doesn't matter. He's locked up til 2021.

I'm not trying to pretend this year doesn't matter. I'm just not trying to bullshit myself into pretending it's a 7 year deal.

[Jakemall]

Originally Posted by Just Passin' By

I'm not trying to pretend this year doesn't matter. I'm just not trying to bullshit myself into pretending it's a 7 year deal.

the contract lasts 7 seasons...I don't really see how you could interpret it any other way.

[Rausch]

Originally Posted by Jakemall

the contract lasts 7 seasons...I don't really see how you could interpret it any other way.

It doesn't matter.

Look at this aspect - lets pretend something happens and in 3 years he's not going to play anymore. For whatever reason.

12-15 mil guaranteed isn't an unrealistic number for that year. So with that money tied up you still have to find another QB. Can you really spend $25-$30 mil on the QB position and be successful?...

[Jakemall]

Originally Posted by Rausch

It doesn't matter.

Look at this aspect - lets pretend something happens and in 3 years he's not going to play anymore. For whatever reason.

12-15 mil guaranteed isn't an unrealistic number for that year. So with that money tied up you still have to find another QB. Can you really spend $25-$30 mil on the QB position and be successful?...

The guarantee is a lot...the only thing about that contract I'm not particularly happy with.

[saphojunkie]

Originally Posted by Jakemall

the contract lasts 7 seasons...I don't really see how you could interpret it any other way.

I think he's saying it should be considered a 6 year deal since the seventh year (this year) was already under contract.

However, it would come down to whether the signing bonus can be amortized over all seven years he is under contract or only over the 6 year life of the extension.

Now... why the **** this is even worth discussing I couldn't begin to tell you. It's just arguing for arguments' sake. Shit is just semantics.

[Jakemall]

Originally Posted by saphojunkie

I think he's saying it should be considered a 6 year deal since the seventh year (this year) was already under contract.

However, it would come down to whether the signing bonus can be amortized over all seven years he is under contract or only over the 6 year life of the extension.

Now... why the **** this is even worth discussing I couldn't begin to tell you. It's just arguing for arguments' sake. Shit is just semantics.

My understanding is that the bonus can be split up over the 7 years because it is an extension. I'll defer if someone can come in with something concrete to the contrary.

[Just Passin' By]

Originally Posted by saphojunkie

I think he's saying it should be considered a 6 year deal since the seventh year (this year) was already under contract.

However, it would come down to whether the signing bonus can be amortized over all seven years he is under contract or only over the 6 year life of the extension.

Now... why the **** this is even worth discussing I couldn't begin to tell you. It's just arguing for arguments' sake. Shit is just semantics.

Jakemail is trying to make the contract more palatable by pretending it's a 7 year deal. He seems to need that crutch.

[Just Passin' By]

Originally Posted by Jakemall

the contract lasts 7 seasons...I don't really see how you could interpret it any other way.

Try using your ****ing head. That's how.

The extension, which is what he reportedly signed, is a 6 year deal. To this point, no reports tell us that this last year was re-done as part of a 7 year deal. That means that the deal is 6 years for up to $120m upon completion of an already agreed upon final year of his earlier deal, not 7 years for up to $120m.

This is basic math.

[Jakemall]

Originally Posted by Just Passin' By

Try using your ****ing head. That's how.

The extension, which is what he reportedly signed, is a 6 year deal. To this point, no reports tell us that this last year was re-done as part of a 7 year deal. That means that the deal is 6 years for up to $120m upon completion of an already agreed upon final year of his earlier deal, not 7 years for up to $120m.

This is basic math.

The last year was re-done. Originally it was around a million dollars. Now it is 645k + the signing bonus which is pro-rated on the cap 2014 to 2019.