I'm pretty sure that the NFI gives a team possible recourse to recoup money (and maybe even a year of team control) but the team would have to fight the player for that. It's hard for the team to win that battle. I know the Giants tried to recoup money from Plaxico Burress that year when he shot himself in the leg but they lost that battle and had to honor the contract.This is more a question than a statement, but I thought since he was on NFI from the beginning that that year doesn't count toward the four year contract. I realize I may very well be wrong on that, but that's what thought. Does someone have the straight scoop on that?
He got almost a billion dollars? That's the best insurance policy ever written.
I work for the most prestigious bank in the world. Way to ruin a joke!In the banking world, we still use the old designations so it's a habit of mine. MM is millions, M is thousands, B would be billions. Derives from the original Greek where M stands for thousands. So MM would be one thousand thousands which is a million.
In the banking world, we still use the old designations so it's a habit of mine. MM is millions, M is thousands, B would be billions. Derives from the original Greek where M stands for thousands. So MM would be one thousand thousands which is a million.
Since he was on the NFI the team had the "option" of not paying him for a non-football injuryI'm pretty sure that the NFI gives a team possible recourse to recoup money (and maybe even a year of team control) but the team would have to fight the player for that. It's hard for the team to win that battle. I know the Giants tried to recoup money from Plaxico Burress that year when he shot himself in the leg but they lost that battle and had to honor the contract.
Since the injury happened before Dallas drafted him and they knew what they were getting into when they agreed to terms, I'm guessing they will honor the contract - both money and years.
I'll take this as more substantive than last week's, "I saw Jaylon at Best Buy and he looked great".
But I still want more substance....ultimately 230 pounds of JS's substance on a field in full game speed. Maybe in May.
I work for the most prestigious bank in the world. Way to ruin a joke!
HALLELUJAH HALLELUJAH HALLELUJAH
LET YOUR GUARD DOWN AND BELIEVE, ZONERS!!!
Jaylon Smith signed a $6.49 million contract with the Cowboys. Smith received $4.52 million in guaranteed salary including a $2.923 million signing bonus.
Are those Cadillacs? Probably not too bad spending wise if that's all he is giving away.
I was about to post after I read the comments that you responded to that the only place I still see that is from bankers.In the banking world, we still use the old designations so it's a habit of mine. MM is millions, M is thousands, B would be billions. Derives from the original Greek where M stands for thousands. So MM would be one thousand thousands which is a million.
This is true, but those two years of team control do matter. It's not as simple as saying, "we got a cheap 2017 1st-rounder."
OK, thanks. I do know that Dallas willingly elected to pay him the full amount of his contract due this year which they didn't have to do, if I understood the rules on that correctly. Given that they chose to pay him, there'sno way they'd fight to recoup it (nor should they). I just thought that maybe there was some obscure part of the rule that negated Jaylon's first year as far as team control was concerned. Again, thanks.I'm pretty sure that the NFI gives a team possible recourse to recoup money (and maybe even a year of team control) but the team would have to fight the player for that. It's hard for the team to win that battle. I know the Giants tried to recoup money from Plaxico Burress that year when he shot himself in the leg but they lost that battle and had to honor the contract.
Since the injury happened before Dallas drafted him and they knew what they were getting into when they agreed to terms, I'm guessing they will honor the contract - both money and years.
Not at all. But the business is talent acquisition. A player of Jaylon's caliber if he is who we think he is....just doesn't hit the open market until at least 5 or 6 years into his career. And then he receives a massive free agent contract. And that's for a player you don't know. Having Jaylon in our system for 4 years even if not in an ideal cost control situation of a 1st rounder is worth it's weight in gold.
Exactly what I've been saying. Our defense could be vastly improved real quick.Free first round pick in 2017 draft