Potential ramifications of Cutler's new Contract

[Hulamau]

I was just reading about the ENORMOUS amount of money we are getting ready to fork over to Crown Prince Cutler and simply hadn't factored in that much into the equation for an 11th pick ... even though he is a top QB prospect.

But its probably going to be in the $24 million sigining bonus and $45million over all for 6 years which is a TON of JACK any way you slice it !!

I just don't see any team, particularly one with a lot of other high profile names and contracts vying for the same pot, being able to carry two top dollar QBs for long at those prices! Even more so than before, outside of us winning the SB and Jake winning the MVP, I suspect this is Jake's last year, regardless what happens stictly from the financial pressure.

Anyone like Herc out there who works these cap numbers alot have any input on this?

I could see it for a while maybe on a rebuilding team, but on a highy competitiive team trying to tweak their squad each year to win it all, it seems like it would be mightly hard to justify that much Jack tied up in one position beyond one year.

[watermock]

Things could be worse, we could of drafted Reggie Bush.

[Hulamau]

Things could be worse, we could of drafted Reggie Bush.
For some reason I thought that an 11th pick got something in the neighborhood of 15mil up front and a $23 to $25 mil total over 6 yearsl.

[RMT]

That's a LOT of money for a player who probably won't contribute much for the next 2 years.

[Requiem]

Every player in the first round is making like 15% more than years prior.

[Clockwork Orange]

And if he pans out, this deal will look like a pittance compared to his 2nd contract.

[elsid13]

That contract is inline with what Big Ben got as the 11th player selected 2 year ago, and is not out of line with 1st rounders get.

[KipCorrington25]

I'm curious how you build a team or get a franchise QB without spending some money?

[Kaylore]

I'm curious how you build a team or get a franchise QB without spending some money?
OMG BRADLEE V@n P31LtT 4 t3H \/\/1n!!!!!

[Hotwheelz]

OMG BRADLEE V@n P31LtT 4 t3H \/\/1n!!!!!

There was a guy in SD that would yell like that.:giggle:

[Taco John]

That's a LOT of money for a player who probably won't contribute much for the next 2 years.



:rofl: :rofl: :rofl:

You've got to be joking me. Do people really believe that Plummer is the odds on favorite to start next season?

ROFL! ROFL! ROFL! LOL LOL


I hope he's the starter, because it will mean we won the Superbowl.

Otherwise...

:wave:

[elsid13]

:rofl: :rofl: :rofl:

You've got to be joking me. Do people really believe that Plummer is the odds on favorite to start next season?

ROFL! ROFL! ROFL! LOL LOL


I hope he's the starter, because it will mean we won the Superbowl.

Otherwise...

:wave:


Enter POPPS response here:

[Bronco Billy]

If he gets that kind of money, there's no way to carry Jake next year without dropping another high-salary player.

[Bronco Billy]

Signing bonuses don't affect the salary cap, do they?

[Taco John]

Even Popps would have to agree that Shanahan isn't likely going to waste years of our $70 million dollar quarterback by keeping him on the bench for two seasons.

[Taco John]

Signing bonuses don't affect the salary cap, do they?



Most certainly they do. If that figure is accurate, Cutler will cost us no less than $4 million dollars per season during his six years... That's before factoring what his base salary will cost us, which is typically graduated.

Cutler will likely cost us at least $5-$6 million on next year's cap.

That's a lot of money for a player that's going to "sit on the bench." :spit:

[elsid13]

Even Popps would have to agree that Shanahan isn't likely going to waste years of our $70 million dollar quarterback by keeping him on the bench for two seasons.


sometimes I believe that you and Popps are actually old married couple that argue just because that how show each other love. ;D

[Jens1893]

Even Popps would have to agree that Shanahan isn't likely going to waste years of our $70 million dollar quarterback by keeping him on the bench for two seasons.

$70m for Cutler? How did you get that number?

[Clockwork Orange]

I'm just wondering what the cap hit will be when Cutler is released three years from now.

:boxing:

[Taco John]

$70m for Cutler? How did you get that number?


By adding $24 million and $45 million (as stated in the original post).

[Clockwork Orange]

By adding $24 million and $45 million (as stated in the original post).

It says $45 million overall with $24 million guaranteed in the original post.

[Jens1893]

Big Ben´s rookie contract .... Wikipedia

Roethlisberger was taken 11th overall in the 2004 NFL Draft. On August 4, 2004 Roethlisberger signed a six-year contract worth $22.26 million in salaries and bonuses, with an additional $17.73 million available via incentives, and was touted by Steelers coach Bill Cowher in a press conference as a franchise quarterback.

[Taco John]

It says $45 million overall with $24 million guaranteed in the original post.


Ah. Misread it...

In that case, Plummer has nothing to fear. ;)

[ward63]

Big Ben´s rookie contract .... Wikipedia

That's what Cutler's should come close to, w/some incentives. So I'd say like 6 years...$35 Mil. I just hope this was a hit, b/c if it's a miss, we're in trouble, since Plummer will probly be gone.

[Frair Tang]

Cutler's the future. He'll be worth every penny (he says with fingers crossed). Ever since King John's retirement, we've seen what it costs to NOT have a QB.

Really, there is no choice. Pay him what he wants and hope for the best.

Taco, is Beerman still around? It's been a few years since I've posted here. You've done quite well with this site! VERY nice!!!

[Taco John]

FRIAR!

Holy guacamoley it's been a long time!

Where you been Brother Tang!?

[Broncoman13]

I was just reading about the ENORMOUS amount of money we are getting ready to fork over to Crown Prince Cutler and simply hadn't factored in that much into the equation for an 11th pick ... even though he is a top QB prospect.

But its probably going to be in the $24 million sigining bonus and $45million over all for 6 years which is a TON of JACK any way you slice it !!

I just don't see any team, particularly one with a lot of other high profile names and contracts vying for the same pot, being able to carry two top dollar QBs for long at those prices! Even more so than before, outside of us winning the SB and Jake winning the MVP, I suspect this is Jake's last year, regardless what happens stictly from the financial pressure.

Anyone like Herc out there who works these cap numbers alot have any input on this?

I could see it for a while maybe on a rebuilding team, but on a highy competitiive team trying to tweak their squad each year to win it all, it seems like it would be mightly hard to justify that much Jack tied up in one position beyond one year.


Not sure what you read, but there will be a lot of finagiling in these contracts for rookies this year. What you can expect to see is guaranteed salaries for the first two or three years. Probably in the ball park of $450-600k per season. Then you can expect to see roster bonuses and buy back clauses for the final year. A perfect example is Kam Wimbley who just signed with the Browns. He was the 13th pick overall. Here is how his contract works and a little more info:

News: Kamerion Wimbley's contract does not include a signing bonus.
Impact: Instead, Wimbley's base salaries of $275,000 and $360,000 in 2006 and 2007, respectively, are guaranteed. And the contract is laden with possible bonus money, including a $6.73 million bonus in 2007. The "buy-back" clause for the sixth year can cost between $2.5 million and $8.5 million. It's expected that few first-rounders this year receive signing bonuses due to the complex nuances of the CBA. (Sun. Jul 23, 2006)

[Broncoman13]

To be clear. I think you can expect to see Cutler get a 2007 roster bonus. Probably in the 6-8mil range. You can also expect to see him get a "Buy-out" clause that would pay he an additional 8-10 mil in bonus money should we keep him that final year. Since the CBA has allowed top 15 or 16 picks to have 6 year contracts instead of 5 years, agents are making teams pay for that final year to protect their players. So, with the first two or three years guaranteed, figure that is 2 mil. 8 mil in an 07 roster bonus, and 10 mil in a buy-out clause... leads to a story that says Cutler to receive up to 20 million in guaranteed money and bonuses. For what it's worth. There's no way in hell a #11 pick is getting 24 mil in bonus money. There's also no way in hell a #11 pick is getting a total of 45 mil in his contract. Just doesn't happen. Oh, and contrary to what people have been saying here, this year's rookie increase was a mere 5% as opposed to the 10% it's been in recent years. Another reason signings are going so slow.

[Frair Tang]

FRIAR!

Holy guacamoley it's been a long time!

Where you been Brother Tang!?

Heh, where haven't I been? :wiggle:

I moved from Durango to Oregon, got a job consulting, so I travel around the country during the week. Home on the weekends.

School of Mines was one of my clients, and the Colorado Community College System was another, so last year I was arranging my visits to them around the Bronco's home games. Managed to attend 4 games plus the two playoff games that way... :D

This year I'm mostly in the Bay Area. Might have to see our Broncs spank the Faider's in their own house! I still have season tickets at Mile High (I refuse to call it "Invesco"), and plenty of airline miles, so I'll no doubt be partyin' at the Bronco Barn again this year!

[Tredici]

I think one of the key words is SIX. Not the rookie three. Or four. Plenty of room for backloading. But Shanny is slipping. He is famous for the SEVEN year deal.

[cutthemdown]

Most certainly they do. If that figure is accurate, Cutler will cost us no less than $4 million dollars per season during his six years... That's before factoring what his base salary will cost us, which is typically graduated.

Cutler will likely cost us at least $5-$6 million on next year's cap.

That's a lot of money for a player that's going to "sit on the bench." :spit:
since the cap is 102 mil and going up i dont see a prob.

[elsid13]

I think one of the key words is SIX. Not the rookie three. Or four. Plenty of room for backloading. But Shanny is slipping. He is famous for the SEVEN year deal.


New collective bargaining deal only allow 6 year deal for 1st rounders

[Drek]

6/$45M sounds high to me. Vince Young, the #3 overall pick, is expected to sign a 6 year, $50M deal. Keep in mind that these deals, like the link on Roethslithberger, include incentives that aren't typically fully met.

I'm betting Cutler gets 6 years at around $35-$40M, depending if he wants an incentive laden deal or one heavy in guaranteed money.

[Garcia Bronco]

I was just reading about the ENORMOUS amount of money we are getting ready to fork over to Crown Prince Cutler and simply hadn't factored in that much into the equation for an 11th pick ... even though he is a top QB prospect.

But its probably going to be in the $24 million sigining bonus and $45million over all for 6 years which is a TON of JACK any way you slice it !!

I just don't see any team, particularly one with a lot of other high profile names and contracts vying for the same pot, being able to carry two top dollar QBs for long at those prices! Even more so than before, outside of us winning the SB and Jake winning the MVP, I suspect this is Jake's last year, regardless what happens stictly from the financial pressure.

Anyone like Herc out there who works these cap numbers alot have any input on this?

I could see it for a while maybe on a rebuilding team, but on a highy competitiive team trying to tweak their squad each year to win it all, it seems like it would be mightly hard to justify that much Jack tied up in one position beyond one year.


That's why Plummer put his Element into another car on draft day...he knows...we all know

[Hulamau]

That's why Plummer put his Element into another car on draft day...he knows...we all know

That could be it :-)!

[Hulamau]

I'm curious how you build a team or get a franchise QB without spending some money?

I'm not arguing with his potentially being worth the amount, if any one is really worth THOSE kind of dollars (but that's another debate).

My point is is that its gonna be hard to carry both him and Re-upping Jake for another 5 or $6 mill/yr. we would owe Jake starting next year ... I believe.

I think the writing might be on the wall sooner rather than later for Jake ut he stil has this year to win it all.

Live in the moment Jake!

[ward63]

My point of view is, I think Plummer wants to stay on a winning team, because he was on a loser for a while in AZ. So I think he's classy enough to take a pay-cut and stay here next year if Cutler's not ready.

[Hercules Rockefeller]

So, since I've been out of the loop since Monday, where exactly are those numbers in the original post coming from?

Cutler's contract is going to be full of incentives. If he actually hits them, the people here are going to have no problem with what's paid out. IIRC, Big Ben got $500k in bonuses this offseason, $250k for winning the Super Bowl and another $250k for winning like the AFC or advancing to the AFCC game. That'd really suck to have to pay out.

[eddie mac]

IMO

Unless the Broncos plan on changing their contractual recruitment of players this season as opposed to the last 5-10 years there's no way in hell Jay Cutler will be getting a signing bonus of $24 million up front.

It will either be two-tiered or will include option bonuses such as Jake and Champ's deals.

To have 2 Quarterbacks on the roster each counting for approx $5m a piece in cap hits for 2006 will never happen here.

Plus this guaranteed money label is branded about far too often these days and gives fans the interpretation that the player will receive every penny of the entire $24 million throughout the term of his contract. They only get the money if they remain under contract.

If his deal is $45 million over a period of 6 years it'll most likely be heavily backloaded with high base salaries in Year 4, 5 and the option Year 6.

The 1st 2 years will most likely carry base minimum salaries with a $1-$2m rise in the 3rd year accompanied by an Option Bonus. At this point in time if we made the right draft choice Jay should be the undisputed No1 QB in Denver.

The rest of the outstanding bonus money will be made up of roster bonuses.

This is just my take based on how Broncos' players contracts have been done for years.

[Tredici]

New collective bargaining deal only allow 6 year deal for 1st rounders

Thank goodness. Wouldn't want to think the Mastermind is losing his touch!

[Hercules Rockefeller]

New collective bargaining deal only allow 6 year deal for 1st rounders

It can be as long as the rookie is willing to sign for. Can only be prorated out 5 years this year, 6 years for deals signed next year, and then 5 years for the rest of the CBA starting in '08.

[elsid13]

It can be as long as the rookie is willing to sign for. Can only be prorated out 5 years this year, 6 years for deals signed next year, and then 5 years for the rest of the CBA starting in '08.

From NPLA player site: Page 5 of the CBA Extension site; Pick 1-16, 6 year max contract length. picks 7-32 5 max deals. 2nd and lower 4 year deals

part of the new bargin

http://www.nflpa.org/pdfs/CBA/2006_CBA_Extension_Term_Sheet.pdf

[Hercules Rockefeller]

Are you sure, I pretty sure that I read that it was part of the new changes in CBA I think it was in the burger bill section. One of the reason Leihart, Young, Cutler are all signing 6 year deals. By I trust you better then Burger bill.

I don't remember reading anything like that, so I won't say that's not true. I know the NFLPA wanted to prevent teams from signing guys from the 3rd round on to anything longer than 3 year deals, but Bloom signed for 4 so I guess that proposal didn't fly. Maybe they did get something similar with the 1st round picks though?

[elsid13]

I don't remember reading anything like that, so I won't say that's not true. I know the NFLPA wanted to prevent teams from signing guys from the 3rd round on to anything longer than 3 year deals, but Bloom signed for 4 so I guess that proposal didn't fly. Maybe they did get something similar with the 1st round picks though?


Herc reread my post I attempted to edit with the right information (To late sorry), I found the CBA information just after I posted. The link is there

[Hercules Rockefeller]

part of the new bargin

http://www.nflpa.org/pdfs/CBA/2006_CBA_Extension_Term_Sheet.pdf

Nice find, learn something new every day. I also see that the prorations are 5, 6, 6, 6, 6, 5. So whoever initially came out after it was agreed to and said only '07 deals can be prorated for six was wrong also.

[elsid13]

Nice find, learn something new every day. I also see that the prorations are 5, 6, 6, 6, 6, 5. So whoever initially came out after it was agreed to and said only '07 deals can be prorated for six was wrong also.


It was part of the stuff that increase the fines and redefined how players could be suspend by teams. Like they say breaking news.

[Hulamau]

Regardless of how it plays out Mr. Cutler is fixing to be on easy street for life financially. What will be great is that after 6 years we are happey to throw a nother 7 year 75 to 80mil contract his way meaning he will have earned every penny of it.

I wouldnt mind another true franchise guy from the get go for the next 16 years!

[Clockwork Orange]

Regardless of how it plays out Mr. Cutler is fixing to be on easy street for life financially. What will be great is that after 6 years we are happey to throw a nother 7 year 75 to 80mil contract his way meaning he will have earned every penny of it.

I wouldnt mind another true franchise guy from the get go for the next 16 years!

Don't be so modest. If Cutler turns out to be the franchise QB that everyone's envisioning, he's gonna cost more than that. Here's what some others signed for on their 2nd contract.

Carson Palmer: 6 years, $118.75 million
Peyton Manning: 7 years, 98 million
Michael Vick: 9 years, $110 million
Donovan McNabb: 12 years, $115 million
Daunte Culpepper: 10 years, $102 million
Brett Favre, 10 years, $100 million

Like I said before, if he pans out, his first contract will look like chump change compared to his second.

[Kaylore]

Don't be so modest. If Cutler turns out to be the franchise QB that everyone's envisioning, he's gonna cost more than that. Here's what some others signed for on their 2nd contract.

Carson Palmer: 6 years, $118.75 million
Peyton Manning: 7 years, 98 million
Michael Vick: 9 years, $110 million
Donovan McNabb: 12 years, $115 million
Daunte Culpepper: 10 years, $102 million
Brett Favre, 10 years, $100 million

Like I said before, if he pans out, his first contract will look like chump change compared to his second.
ROFL! What a joke. Michael Vick got more than Manning and Favre. The most expensive, and perhaps the supidest half back option in the game.

[Hulamau]

Don't be so modest. If Cutler turns out to be the franchise QB that everyone's envisioning, he's gonna cost more than that. Here's what some others signed for on their 2nd contract.

Carson Palmer: 6 years, $118.75 million
Peyton Manning: 7 years, 98 million
Michael Vick: 9 years, $110 million
Donovan McNabb: 12 years, $115 million
Daunte Culpepper: 10 years, $102 million
Brett Favre, 10 years, $100 million

Like I said before, if he pans out, his first contract will look like chump change compared to his second.

Wow Palmer 118 Mil for only 6 years!!
How did he swing that? He couldnt have finsihed his rookie contract and he was a first rounder which is usually 6 years at least ( 5 at a very minimum and Palmer hasnt been around that long.

I hope the guy can come back and play at a high level after that low blow last year.

I'm obviously out of touch with these astronomical QB prices! I bet Johnny Unitas just shakes his head.

[Clockwork Orange]

Wow Palmer 118 Mil for only 6 years!!
How did he swing that? He couldnt have finsihed his rookie contract and he was a first rounder which is usually 6 years at least ( 5 at a very minimum and Palmer hasnt been around that long.

I hope the guy can come back and play at a high level after that low blow last year.

It was a contract extension. He's locked up until the year 2014.

[Clockwork Orange]

According to ESPN, Vince Young's deal is close to being done.

[Hercules Rockefeller]

Leinart's is the one that matters most right now

[ludo21]

Leinart's is the one that matters most right now


Yeah, i have a feeling we wont get Cut signed till he is. Altho it might be better for us to get him in and signed before he sees what the Cards are going to overpay for.

[Vegas_Bronco]

Why can't they all be like Tom Brady and just take a huge contract hit for the good of the team, c'mon man, take one for the team!

[Hulamau]

It was a contract extension. He's locked up until the year 2014.

Was that before or after the knee CO do you remember? The Bengals have got to have major injury clauses in any event.

[Clockwork Orange]

Was that before or after the knee CO do you remember? Thhe Bengal have got to have major injury clauses in any event.

It was before.

[ward63]

John Clayton on ESPN(which I'm starting to hate) tonight, said once the #'s come out for D'Brick's deal, that most teams would pretty much have a domino effect to know what to offer their picked player.

[fontaine]

I was just reading about the ENORMOUS amount of money we are getting ready to fork over to Crown Prince Cutler and simply hadn't factored in that much into the equation for an 11th pick ... even though he is a top QB prospect.

But its probably going to be in the $24 million sigining bonus and $45million over all for 6 years which is a TON of JACK any way you slice it !!

I just don't see any team, particularly one with a lot of other high profile names and contracts vying for the same pot, being able to carry two top dollar QBs for long at those prices! Even more so than before, outside of us winning the SB and Jake winning the MVP, I suspect this is Jake's last year, regardless what happens stictly from the financial pressure.

Anyone like Herc out there who works these cap numbers alot have any input on this?

I could see it for a while maybe on a rebuilding team, but on a highy competitiive team trying to tweak their squad each year to win it all, it seems like it would be mightly hard to justify that much Jack tied up in one position beyond one year.

Jeez, the guy hasn't even signed his contract, played a down and you're complaing. Relax.

The only guaranteed money is the signing bonus (a lot of which is based on roster bonuses, which don't give you a cap hit if you cut the contract) where the major bucks don't kick in until the end of the deal.

To put it into perspective, in five years time when Cutler's big money part of the signing bonus comes in, the cap will be somewhere around $150 million.

By then, if he's any good, he'll resign a new deal before the big funny money part of his contract is due.