Extend him for 7 years, $70M.
Extend him for 7 years, $70M.
wishful thinking. Try 13 mil at 6 years ($78 m). And Smith will want to have his last contract at an age of 29-30
Smith is not taking a deal for more than 5 years. At his age you do not take a deal that puts you in FA again when you are 30. Also, whatever we do is going to be as an extension to his present contract so those 5 years would be 2015-2019. He'll be 29 at the end of it.
5 years 70 mill -- a thick bonus and a high guaranteed salaries in 2015 and 2016 with some voidable (i.e., fake) years tacked on to the end after we convert salary to bonus in 2016
Smith is not taking a deal for more than 5 years. At his age you do not take a deal that puts you in FA again when you are 30. Also, whatever we do is going to be as an extension to his present contract so those 5 years would be 2015-2019. He'll be 29 at the end of it.
5 years 70 mill -- a thick bonus and a high guaranteed salaries in 2015 and 2016 with some voidable (i.e., fake) years tacked on to the end after we convert salary to bonus in 2016
So years 6,7,8,9 would be "fake"?
You just let a 29 year old RT go?
I don't think it would b wise to write "fake" , "tack on" years into his contract. He's young enough to where you want him around and those "fake" years need to be real.
So years 6,7,8,9 would be "fake"?
I don't think it would b wise to write "fake" , "tack on" years into his contract. He's young enough to where you want him around and those "fake" years need to be real.
You don't understand contracts.
It is common practice to tack years on to a deal to spread out the cap hit. Those years are usually voidable and therefore "fake."
Let me spell it out - you can only spread bonus over 5 years. If you sign a guy to a 5 year deal with the 2nd year designed as a planned restructure you will almost always be tacking on a voidable year at the end to allow you a full five years to spread the cap hit coming from converting salary to bonus.
You don't understand contracts.
It is common practice to tack years on to a deal to spread out the cap hit. Those years are usually voidable and therefore "fake."
Let me spell it out - you can only spread bonus over 5 years. If you sign a guy to a 5 year deal with the 2nd year designed as a planned restructure you will almost always be tacking on a voidable year at the end to allow you a full five years to spread the cap hit coming from converting salary to bonus.
On to destroying your 2nd point.
No player at Smith's age is going to lock up for a deal that puts him back in free agency at 33 as your 6-9 years would suggest.
No. I get it. You sign a guy for 5 years and use smoke and mirrors but still only get 5 years of play out of him.
Smith likely has much more than that.
That's why it would be stupid to write "fake" years in any fashion.
You wouldn't do this with a guy if there is a chance of signing him to a 3rd contract, because the voidable years create an astronomical franchise cap figure as was the case for why the Cowboys couldn't tag Romo if the wanted to.
I'm on the phone so I've tried to be brief.
I never said sign 6-9 year contract. I was assuming those would register to you as the "fake" years from restructuring during years 2-5.
And that's my point. Any years added through restructuring should not be "fake" because Tyron is young enough to play them in his prime.