Breaking Down Contracts

[jterrell]

I always appreciate your breakdowns. It takes a lot of time to sort through those contracts.



I don't know where you are getting your numbers from, but SF is not paying for Bowmann as they go and they guaranteed him 25m. His base salaries were 540k and 630k the last 2 years and he has 7.7m in dead money that hasn't been accounted for without adding any base salaries that are guaranteed for injury. He just blew out his knee and if he never comes back the same they are on the hook for a ton of dead money and real money. His contract is very similar to Lee's with year to year roster bonuses, but they guaranteed a lot more money. They are 2 years into his extension so it looks better than Lee's right now because they have eaten more of his signing bonus.

Your numbers are wrong.
This is somewhat complicated but Bowman was only guaranteed 25.xM in case of injury.
The non-injury guarantee was 11m.
The injury money is backed by insurance so isn't really a 49ers guarantee at all. It cost them ~150K. It won't cost them on the cap.

http://www.ninersnation.com/2012/11...wman-contract-details-49ers-salary-cap-impact

http://overthecap.com/cap.php?Name=NaVorro Bowman&Position=ILB&Team=49ers

http://overthecap.com/top-player-salaries.php?Position=ILB

Again, his yearly roster bonus and base structure are set to pay him what he's worth PER SEASON AS THEY GO.

 

[jterrell]

Year for year comparison between Sean Lee's base pay and Navarro Bowman's base pay

2014:
SL - 5.5 mil (likely to see some restructuring)
NB - 4.7 mil

2015:
SL - 2.5 mil
NB - 4.7 mil

2016:
SL - 3 mil
NB - 5.85 mil

2017:
SL - 7 mil
NB - 6.75 mil

2018:
SL - 7 mil
NB - 8.75 mil

2019:
SL - 7 mil
NB - Free Agent... expect it to be more than 7 million (average)

But obviously you can't look at base salaries. Who has more remaining money prorated?

Sean Lee has 8 million in proration and bonuses over the course of 4 years (the less amount of money and less amount of years being better).

Navarro Bowman has 11.45 million over the course of 5 years years in varying amounts.

Sean Lee is also going to lose 1.5 million in 2015 if he doesn't make 80 percent of his games between 2013 and 2014. 80 percent of 32 games is 25.6. Not sure how they calculate the .6, but given that he only played in 11 games in 2013, he has to at least make it through 14 games in 2014. Which is essentially the entire season.

Otherwise is 2015 base pay is 1 million dollars. Which as we have seen is significantly cheaper than Bowman's.

i appreciate the efforts here but you really are very far from reality.
especially since you yourself state Lee will have his 2014 fully guaranteed 5.5m base restructured.

Lee's deal includes a bonus for playing time that may change future bases upwards... not down.
But his Bonus Money was straight forward and his 5.5m base of 2014 is fully guaranteed.
Essentially that 5.5m base was part of the signing bonus. It isn't injury guaranteed and backed by insurance like Bowman's future years but FULLY GUARANTEED BY THE FOOTBALL TEAM.

Lee will be handed ~4.5m this year when the league office opens after the injury plagued 2012 and 2013 season where he played 17 games he will pocket 17 MILLION dollars.
So we will have handed Lee 1 million a game essentially.

 

[Nightman]

Your numbers are wrong.
This is somewhat complicated but Bowman was only guaranteed 25.xM in case of injury.
The non-injury guarantee was 11m.
The injury money is backed by insurance so isn't really a 49ers guarantee at all. It cost them ~150K. It won't cost them on the cap.

http://www.ninersnation.com/2012/11...wman-contract-details-49ers-salary-cap-impact

http://overthecap.com/cap.php?Name=NaVorro Bowman&Position=ILB&Team=49ers

http://overthecap.com/top-player-salaries.php?Position=ILB

Again, his yearly roster bonus and base structure are set to pay him what he's worth PER SEASON AS THEY GO.

They owe him almost 8m in dead money, how is that pay as you go? They paid him over 12.5m the last 2 years and accounted for 5.6m of it. And now he is hurt so his 2014 salary is guaranteed and so is 2015 and 2016 if he never plays again. I thought that if the Niners have to pay him for injury that it counts against the cap, even if they have insurance for his contract. Any money or benefit paid to a player has to be covered under the cap.

 

[Corso]

Fascinating thread.
Kudos guys!

 

[jterrell]

They owe him almost 8m in dead money, how is that pay as you go? They paid him over 12.5m the last 2 years and accounted for 5.6m of it. And now he is hurt so his 2014 salary is guaranteed and so is 2015 and 2016 if he never plays again. I thought that if the Niners have to pay him for injury that it counts against the cap, even if they have insurance for his contract. Any money or benefit paid to a player has to be covered under the cap.

The short answer is no.
Please see link above breaking it down.
Teams are responsible for out of pocket expenses to provide insurance not injury monies paid.
If Bowman is medically retired he walks away with ~12m(likely paid out incrementally over like 20 years time) that never touches the cap.

Bowman has dead money because he got a SB like everyone else. His structure during the new contract is no where near as punitive for releasing him which was the point.

It is not complicated to see the differences. Dallas has 5.5 more million guaranteed that Lee hasn't even seen yet. Bowman is owed nothing else if he is gone.

 

[Beast_from_East]

Tony Romo

The Tony Romo contract extension was done for the following reasons.

1. Lockup franchise player
2. Open up cap space in 2013, by restructuring his 2013 cap hit into future years.
3. Be manageable in 2014 and 2015 through restructuring, which is why it was essentially a 7 year deal.

A lot of people believe that Romo got a 108 million dollar contract, but this has been refuted time and time again.

Outside of 2014 and 2015 which were built to be restructured because of league rules minimizing signing bonus proration to 5 years, Romo's contract is extremely manageable until 2018 and 2019, and even then what the going rate for quarterbacks is likely to be, I'm not all that certain the Cowboys would want to be rid of him depending on what level he is playing at. Either way those last two years are option years.

As it stands right now the Cowboys could cut Romo in 2017 and there would only be 5 million dollars in dead money. That being said... he is going to have to be restructured in 2014 which will increase that amount and add dead money in 2018.

After the restructure cutting Romo in 2017 would cost 10 million, but only 2.5 million in 2018.

What does that mean? You still go through with the planned restructure in 2015 if he is still playing well. And you really have to hope that he is. Why?

Romo's cap number after the 2014 restructure makes his 2015 cap number 27 million, with 29 million in dead money. Romo would have to take a serious decline for this to be the way to go.

You restructure much of his 17 million base salary, and you take that 27 million dollar cap hit to 14.2 million dollars, which is not a lot for a franchise QB. It just isn't.

So what happens in 2016?

Well his 2016 cap hit would be about 20 million dollars. You're already expecting the salary cap to rise significantly in 2015, but Eli Manning had the same cap hit this year (which is a lot more in 2013 than 2016).

Stafford was at 17.8, Manning at 17.5, Brees at 17.4.

So you keep in mind market inflation, and then you see why paying romo for as long as it is feasible makes sense.

But if he can't go, you can pull the trigger on cutting him as early as 2017, which accounts for more half of his entire contract. The idea of cutting him before 2017 though? Not going to happen. Why? Because you don't save a cent. His contract is guaranteed through 2015 with the assumption that you restructure in 2014, making it very difficult to cut him in 2015.

Good break down of the contract bro.

Basically if I am following, Romo is untouchable for the next 3 seasons and only in 2017 can we realistically think about trade/release if his play falls off.

Trade or release before 2017 accomplishes nothing, most of that $54 million guaranteed is being paid over the next 3 seasons so we are still on the hook for the money regardless capwise.