Why cant Romo take a Pay Cut?

[blindzebra]

He turned a 4yr 72M contract (AAV $18M) into a 5 year 70 M (AAV $14.2M) contract. I don't know what kind of math you are using, but to most that would be a paycut. Now, in agreeing to a paycut, he did require much more guaranteed money. But as it stands, Brady is averaging much less than other superbowl winning QBs. Specifically, Rogers, Manning, Flacco and Brees - who are all getting paid about $7m more per a year. Or, in percentages, a 50% over Brady.

Brady did not do a simple restructure - which is what you are alluding too. He signed a brand new deal.

Let me try to explain this to you. Average salary means nothing for a contract that is longer than a player's expected career.

For the player it is all about what is guaranteed.

Which is more beneficial to you?

I give you a large bonus up front and have annual bonuses the first 3 years with an out to release you year 4 or 5 with little cap damage and a lower average salary.

I give you a small bonus without annual bonuses but an average salary that is larger.

 

[JD_KaPow]

He turned a 4yr 72M contract (AAV $18M) into a 5 year 70 M (AAV $14.2M) contract. I don't know what kind of math you are using, but to most that would be a paycut. Now, in agreeing to a paycut, he did require much more guaranteed money. But as it stands, Brady is averaging much less than other superbowl winning QBs. Specifically, Rogers, Manning, Flacco and Brees - who are all getting paid about $7m more per a year. Or, in percentages, a 50% over Brady.

Brady did not do a simple restructure - which is what you are alluding too. He signed a brand new deal.

Well, he played out the first two years of the 4-year deal and then signed what amounted to a 3-year extension with $27 million in new money for those three years. It also made pretty much all the money guaranteed. It's definitely a below-market deal, but just as definitely not a "pay cut".

 

[erod]

Romo probably won't be able to walk when he's 60. And people complain.

He'll get restructured when the team comes to terms with someone and needs the room.

 

[Death Star]

This is a business, and Romo should put his family and their future first. Besides, he's going to need some cash when he's uninsurable and paying those medical bills out of pocket down the road.

 

[MWH1967]

I'm sure the people saying it would jump at the chance. How many here take a pay cut tomorrow if your boss asks? Of course it would be for the betterment of the company you work for.

yeah i get that totally..but it's a little different when you make around 60k a year like me or we are talking about 10's of millions. A cup of joe costs Tony a buck 25 just like it does me.

 

[65fastback2plus2]

He turned a 4yr 72M contract (AAV $18M) into a 5 year 70 M (AAV $14.2M) contract. I don't know what kind of math you are using, but to most that would be a paycut. Now, in agreeing to a paycut, he did require much more guaranteed money. But as it stands, Brady is averaging much less than other superbowl winning QBs. Specifically, Rogers, Manning, Flacco and Brees - who are all getting paid about $7m more per a year. Or, in percentages, a 50% over Brady.

Brady did not do a simple restructure - which is what you are alluding too. He signed a brand new deal.

guaranteed money is all that matters...brady knows that too.

who cares what AAV is ?

if you get cut, your AAV spikes...

 

[blindzebra]

It is pretty simple.

You are going to play 5 more years.

I write you a check for 50 million after you sign. You agree to 10 million a year average salary for ten years or 100 million, but 70 million of that 100 is in the last 5 years...so over those 5 years you play you get 80 million.

I write you a check for 5 million after you sign. You agree to a 15.2 million average salary with salaries at 10 mil, 12 mil, 13 mil, 14 mil, 15 mil, 17 mil, 18 mil, 20 mil, 21 mil, 22 mil...so over those 5 years you make 59 million.

 

[MWH1967]

But...do you get the hell beat out of you once a week at your job?

says who? had a shipment of tile break my ring finger and my index finger on my signing hand a month ago.

 

[iceberg]

Why cant he take a cut some what like Tom Brady Did? Maybe the Big Contract he has, is to maximize romos money for a few Years then Restructure and Let another player Maximize and then continue the process all the while everyone is making money and players wanna stay? am i making an ounce of sense? sorry is this has been discussed b4. Its just all the talks about dez n murray having to leave sucks if there were a way to keep them, should romo not wanna have them stick around? not that its his decision but he could have some input...

Why cant people understand the cap n rules before asking things like this.

 

[yimyammer]

Why cant people understand the cap n rules before asking things like this.

Is his current contract such that he can't take a pay cut without causing all bonus money to immediately hit the cap?

Or could his current contract be voided and entirely new terms drawn up without any effect on the cap?

 

[5Stars]

says who? had a shipment of tile break my ring finger and my index finger on my signing hand a month ago.

Damn, that had to hurt! lol

 

[MWH1967]

Why cant people understand the cap n rules before asking things like this.

because it's a general discussion forum and everyone don't have the time or the general knowledge as others have . They like to start conversations because it's interesting to them. There are a hand full around here that knows everything there is to know about the Cowboys but, the rest of us needs to learn and are greatful folks like you are there to help with the cause

 

[jobberone]

Is his current contract such that he can't take a pay cut without causing all bonus money to immediately hit the cap?

Or could his current contract be voided and entirely new terms drawn up without any effect on the cap?

No you can put the genie back in the bottle.

 

[MWH1967]

Damn, that had to hurt! lol

I can't still believe i had someone say.."it will feel better when it quits hurting"...No Christmas card for darrell...lol!!!

 

[Galian Beast]

I made a thread previously that if Romo wants to create a legacy in the NFL, he should and would take a pretty significant pay cut next year. The amount of money he'll make in his life after winning a Super Bowl will more than make up the difference.

 

[yimyammer]

No you can put the genie back in the bottle.

moot point then right?

BTW, how do you know this?

Lets say in some bizarro world Tony said he'd write a check for 10 mill back to the Cowboys at the end of this season (for discussion purposes, lets say that's the remainder of the bonus that has yet to be allocated to a given year) and then both parties agree to void the current contract leaving.

Then the Cowboys and Romo draw up a new contract with a new signing bonus that can be prorated according to the new contract

 

[yimyammer]

I made a thread previously that if Romo wants to create a legacy in the NFL, he should and would take a pretty significant pay cut next year. The amount of money he'll make in his life after winning a Super Bowl will more than make up the difference.

agreed, I don't know why this discussion riles people up and fans feel the need to protect Romo's salary

 

[5Stars]

I can't still believe i had someone say.."it will feel better when it quits hurting"...No Christmas card for darrell...lol!!!

Bro, I dropped a tool box full of tools on my bare foot...hurt like hell, all purple and stuff under my big toe nail. It hurt like hell, so I called a doctor at about 1am to see what I can do to relieve the pain (there was no internet at the time)...

He told me to cut through my toe nail with a sharp razor or a drill it with a needle...something to relieve the pressure.

So, I tried the sharp razor cutting little zig zags into my toe nail, but I could not do it!

I called the same Doctor about an hour later and woke him up again and he got really mad at me and said, if you cannot cut through you toe nail to relieve the pain, then live with it! lol Then he hung up on me.

So, hurting like hell, I got a needle, and drilled a small hole clear through my toenail and as soon as it went through, a big spurt of blood shout out about two feet. My toe felt so warm and fine after that. lol

(sorry for the story....I'm sure I will get dogged for telling this).

 

[blumayne38]

i guess what im saying is ca

That includes the last 2 years at 20m each. It was essentially a 4yr extension at 68m added to his 2013 salary of 11m. 5yrs 79m= 16m.

15m of his 17m salary is guaranteed already for 2015. It will be restructured but not reduced. He already made his deal and there is no reason to give any back.

you see but there is a reason a BIG shinny one, one that supposedly "defines" his career

 

[cowboyschmps3]

If anything Romo would especially if it helps the team.