Pats sign Mankins to 6 year Deal

[TheCount]

http://sports.yahoo.com/nfl/news;_ylt=Aoo5RPs7DqjghKDQnG8t5tpDubYF?slug=ap-patriots-mankins

So much for "I'll never sign with the Patriots!"

[cowboy_ron]

http://sports.yahoo.com/nfl/news;_ylt=Aoo5RPs7DqjghKDQnG8t5tpDubYF?slug=ap-patriots-mankins

So much for "I'll never sign with the Patriots!"
Money talks

[zrinkill]

Well people can now let that dream go.

[BraveHeartFan]

Big shocker that he resigned with the Pats.

lol

[stasheroo]

Soem people just swore that there was no way...

[Doomsday101]

Soem people just swore that there was no way...

I know. It does not come as a surprise, this is not the 1st time harsh words have been spoken between player and team. In the end it is about the money.

[stasheroo]

I know. It does not come as a surprise, this is not the 1st time harsh words have been spoken between player and team. In the end it is about the money.

Exactly. Money talks.

Enough to soothe over any hurt feelings.

And the fact that he's playing for one of the best franchises in the league doesn't hurt any either.

I would have loved to have been able to have gotten him but you can't have everything...

[Doomsday101]

Exactly. Money talks.

Enough to soothe over any hurt feelings.

And the fact that he's playing for one of the best franchises in the league doesn't hurt any either.

I would have loved to have been able to have gotten him but you can't have everything...

If you pay me that kind of money you can call me what ever you want. :laugh2:

[stasheroo]

Here are the details on Mankins' deal:

The numbers are in on Logan Mankins (http://www.rotoworld.com/player/nfl/3177/logan-mankins)‘ six-year contract with the Patriots (http://profootballtalk.nbcsports.com/2011/08/10/logan-mankins-signs-six-year-deal-with-patriots/), and the really eye-opening number is the signing bonus: $20 million.

Mike Reiss of ESPNBoston.com reports that the deal will pay Mankins a $1.5 million base salary this year (http://espn.go.com/blog/boston/new-england-patriots/post/_/id/4699733/logan-mankins-contract-details), which means Mankins will make $21.5 million — or more than twice as much as he would have made if he played this season on the one-year franchise tender, which would have paid him a little more than $10 million. However, even though Mankins will receive twice as much money as he would have on the franchise tag, he’ll cost only half as much against the Patriots’ salary cap because the $20 million signing bonus is prorated over the six-year deal.

In future seasons, Mankins will have a base salary of $3 million in 2012, $6 million in 2013, $6.5 million in 2014 and $7 million each in 2015 and 2016.
Mankins can also earn a workout bonus of $250,000 a year, which would bring the total value of the six-year deal to $52.25 million. The deal makes Mankins the highest paid guard or center in football.

http://profootballtalk.nbcsports.com/category/rumor-mill/#content

[burmafrd]

I bet that they could have gotten Mankins cheaper one year ago. So just maybe he ended up laughing all the way to the bank.