Eric Berry signs 6-year, $78m extension

[DaFace]

I completely ****ed up in trying to merge the other two threads. I'll hang my head in shame. In the meantime, here's a new thread.

Chiefs gave S Eric Berry a six-year, $78 million deal that includes $40 million guaranteed and a $20 mil signing bonus, per source.

— Adam Schefter (@AdamSchefter) February 28, 2017

[ThaVirus]

Originally Posted by DJ's left nut

no contracts are ever announced like that.

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

[DJ's left nut]

Originally Posted by ThaVirus

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

Not that I've ever seen.

[DJ's left nut]

Found my proposal in Boss Chiefs thread:

Originally Posted by DJ's left nut

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.

[Marcellus]

Originally Posted by mcaj22

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.

[TigeRRUppeRRcut]

I wonder who is on the hook for the insurance policy

[MahiMike]

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.

[RealSNR]

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

[TigeRRUppeRRcut]

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

[BossChief]

Sweet. We got him for a reasonable deal!

[The Franchise]

Originally Posted by BossChief

Sweet. We got him for a reasonable deal!

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

[TLO]

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

[dlphg9]

What our estimated cap space now?

[O.city]

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

[staylor26]

Originally Posted by O.city

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

Exactly

[TigeRRUppeRRcut]

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