News: ST: Sean Lee's six-year extension has him under contract through 2019

[5Stars]

How much guaranteed? That's the key.

It's all guaranteed if he stays healthy. If he don't he gets $10.00.

 

[Corso]

Sorry, no one made you boss. I'll post what I like where I like.

Hooray 1st Amendment!

 

[Corso]

It's all guaranteed if he stays healthy. If he don't he gets $10.00.

And hopefully some kickin' coupons for Savers.

 

[CyberB0b]

So like i said,

Willis: 5 year, 50 million extension.. 10 million a year.

Lee: 6 year, 42 million extension.. 7 million a year (possibly 8.5 million a year if he stays healthy and meets some requirements)

So yea.. Willis got more, even with his extension coming 3 years ago.

Willis isn't making 10 million a year.

I'm sorry, but if you can't appreciate the massive distinction between Lee's contract and a contract signed three years ago with far, far more guarantee money, then you really don't understand how NFL contracts work.

How much is Lee guaranteed? You don't know. None of us outside of the organization know. I am simply saying he is making Patrick Willis money, which he is.

 

[boysfanindc]

How much guaranteed? That's the key.

$16M

 

[Zimmy Lives]

If we waited and he had a great year, we'd be talking a bigger deal for sure. This is only a dumb deal if Lee doesn't play well or is hurt. If we see the player we have over the past few years, this is going to end up being a steal.

Not to mention signing him now offers cap relief for next year.

 

[Corso]

Willis isn't making 10 million a year.



How much is Lee guaranteed? You don't know. None of us outside of the organization know. I am simply saying he is making Patrick Willis money, which he is.

Which you just said nobody outside of the organization knows....

Irony? Or hypocrisy?

 

[5Stars]

$16M

Really? If that is true, that is a freaking steal!

 

[TheRomoSexual]

Willis isn't making 10 million a year.



How much is Lee guaranteed? You don't know. None of us outside of the organization know. I am simply saying he is making Patrick Willis money, which he is.

Yes I do. 16 mil, about half of what Willis got. Now, don't you feel silly?

 

[boysfanindc]

Really? If that is true, that is a freaking steal!

Mother Ship is reporting $16M

 

[JD_KaPow]

I didn't even bother. Jimmy already solved the mystery.

So, as I said, Lee is making Patrick Willis type money.

I'm sorry, but what? Not what I said, at all. Let's walk through this.

Willis' rookie contract was set to expire after 2011.
In May 2010, Willis signed a 5-year $50 million dollar extension covering the years 2012-2016. That's $10 million dollars a year for those 5 years.
At that point, his entire contract, covering 2010-2016 (7 years) was worth around $53 million, because his rookie contract wasn't that pricy.
Oh, and the extension came with $29 million guaranteed.

Lee signed a 6-year extension, if I understand this right, that will cover the years 2014-2019 (he's in the last year of his rookie contract). That extension is worth $7M (and possibly up to $8.5M) per year, much less than what Willis got. Also, it includes only $16 million guaranteed, much less than Willis got.

Sean Lee is not making Patrick Willis money. At all.

 

[JBS]

16 million Guaranteed for Lee

29 million guaranteed for Willis

That's a huge difference. That's the cowboys insurance policy if lee can't hold up

 

[Zimmy Lives]

Really? If that is true, that is a freaking steal!

Absolutely! I love this deal more and more!

As for Lee's health, he's got to stay healthy sometime.

 

[AbeBeta]

Not to mention signing him now offers cap relief for next year.

Not really. Unused cap space would roll over to 2014, so the timing doesn't really matter in that manner.

The only way we get cap relief is if we assume that he would have been franchised

 

[unionjack8]

great deal.
Cap room created next year when spencer is off the books, hopefully the 2 duds at OG and ratliff if he carries on riding the pine

 

[RoyTheHammer]

Willis isn't making 10 million a year.

I'm sorry, but what? Not what I said, at all. Let's walk through this.

Willis' rookie contract was set to expire after 2011.
In May 2010, Willis signed a 5-year $50 million dollar extension covering the years 2012-2016. That's $10 million dollars a year for those 5 years.
At that point, his entire contract, covering 2010-2016 (7 years) was worth around $53 million, because his rookie contract wasn't that pricy.
Oh, and the extension came with $29 million guaranteed.

Lee signed a 6-year extension, if I understand this right, that will cover the years 2014-2019 (he's in the last year of his rookie contract). That extension is worth $7M (and possibly up to $8.5M) per year, much less than what Willis got. Also, it includes only $16 million guaranteed, much less than Willis got.

Sean Lee is not making Patrick Willis money. At all.

Any questions, Bob?

 

[Corso]

16 million Guaranteed for Lee

29 million guaranteed for Willis

That's a huge difference. That's the cowboys insurance policy if lee can't hold up

So it was neither irony, nor hypocrisy from CyberBob- just blither-blather.

Duly noted...

 

[Macnalty]

Wow somehow you guys got off track this is a great deal for us. Sometimes you have to stop and enjoy the scenery.

 

[TheRomoSexual]

I'm sorry, but what? Not what I said, at all. Let's walk through this.

Willis' rookie contract was set to expire after 2011.
In May 2010, Willis signed a 5-year $50 million dollar extension covering the years 2012-2016. That's $10 million dollars a year for those 5 years.
At that point, his entire contract, covering 2010-2016 (7 years) was worth around $53 million, because his rookie contract wasn't that pricy.
Oh, and the extension came with $29 million guaranteed.

Lee signed a 6-year extension, if I understand this right, that will cover the years 2014-2019 (he's in the last year of his rookie contract). That extension is worth $7M (and possibly up to $8.5M) per year, much less than what Willis got. Also, it includes only $16 million guaranteed, much less than Willis got.

Sean Lee is not making Patrick Willis money. At all.

Goodness, thank you. This isn't that hard I understand.

 

[Nightman]

Signing Bonus and Guaranteed Money are the two biggies and both appear to very low. That makes getting out of the contract easier, but it makes the cap hit higher. With a player like Lee it makes sense to guarantee less because they can always convert his base salaries to signing bonuses when they need cap space.