Newman's contract details

[AdamJT13]

Just like Barber's contract, Newman's contract extension is very favorable for the next two seasons and balloons in 2010, the scheduled uncapped season.

The only new bonus he received is the $12 million signing bonus. As expected, his base salaries for the first two seasons are the minimums for his experience level -- $605,000 this season and $895,000 in 2009. He had some bonus prorations remaining from his old contract, and those stay on his cap number for 2008 and 2009. His new cap hits for those seasons are $3,617,743 for 2008 (up from $2,429,160 before the extension) and $3,901,028 for 2009.

In 2010, the currently scheduled uncapped season, he has a guaranteed salary of $9 million. If the cap gets extended before then, we could prorate all but the minimum salary over the remainder of his contract, dropping his cap number from $11 million to less than $5 million.

None of his base salaries from 2011 to 2014 are guaranteed.

Here are his cap numbers --

2008 $3,617,743
2009 $3,901,028
2010 $11,000,000 (first scheduled uncapped season)
2011 $10,000,000
2012 $8,016,000
2013 $9,600,417
2014 $7,500,000

The value of his contract (the money he would receive from 2008 through 2014) is $51,616,417 over seven years. He previously was scheduled to earn $1,416,417 in base salary this season, which is why it was reported as a "six-year extension for $50.2 million." And the total value (including bonus prorations previously paid for his 2008 and 2009 seasons) is $53,635,188 over seven seasons.

 

[Romo2Dez4six]

i know i been gone for a week, but when did he get an extension

 

[AdamJT13]

i know i been gone for a week, but when did he get an extension

Newman and Barber signed big contracts Tuesday.

 

[Romo2Dez4six]

Newman and Barber signed big contracts Tuesday.

thanks man ive been sick

 

[Angus]

Thanks for the explanation, Adam.

 

[superpunk]

In trying to play the prophet, I wonder how the next labor negotiation will work out. We're not going back to a league without a cap. It would be nonsense. So does Jerry push hard for methods that would allow teams to retain talent, and massage our cap number further? Is there any way that structuring deals like this can backfire, if a new agreement is worked out?

My guess is yes, but the big boys at the table (the NFC East owners and Bob Kraft and that guy in Houston) won't let that happen.

 

[CrazyCowboy]

that is a lot of change.

 

[TheCount]

In trying to play the prophet, I wonder how the next labor negotiation will work out. We're not going back to a league without a cap. It would be nonsense. So does Jerry push hard for methods that would allow teams to retain talent, and massage our cap number further? Is there any way that structuring deals like this can backfire, if a new agreement is worked out?

My guess is yes, but the big boys at the table (the NFC East owners and Bob Kraft and that guy in Houston) won't let that happen.

Didn't Upshaw say the players would never agree to another cap if the owners opted out?

 

[superpunk]

Didn't Upshaw say the players would never agree to another cap if the owners opted out?

I believe Tagliabue told Goodell where he kept Upshaw's leash.

I don't think it would be in the players best interest to abandon a cap. That could backfire in them earning even less, without a structured top and bottom. Could go either way, I guess.

 

[TheCount]

I believe Tagliabue told Goodell where he kept Upshaw's leash.

I don't think it would be in the players best interest to abandon a cap. That could backfire in them earning even less, without a structured top and bottom. Could go either way, I guess.

It would definitely not be in their best interest.

I also heard somewhere that if a new cap isn't put in place by 2010, then all players that were scheduled to become UDFA are required to play two more years with whatever club they're with.

It's not like players will just start going everywhere getting paid ridiculous money.

 

[AdamJT13]

Didn't Upshaw say the players would never agree to another cap if the owners opted out?

He said if they ever played a year without a cap, they wouldn't go back.

The players would be willing to extend the cap with the next CBA extension, as long as they get their cut of the pie. With no cap, there's also no floor and no guarantee that they won't get less of the pie than they get now.

 

[AdamJT13]

I also heard somewhere that if a new cap isn't put in place by 2010, then all players that were scheduled to become UDFA are required to play two more years with whatever club they're with.

Not exactly. Players with six years or more of experience would be UFAs. Players with four or five would be RFAs instead of UFAs, like they would normally be. That means Ware, Spears, Hatcher, Watkins and McQuistan would be RFAs in 2010 instead of UFAs.

 

[cowboyfan4life_mark]

So, are we somewhere in the ballpark of 5.3mil under the cap as of right now??