|06-24-2014, 11:41 AM||#1|
Join Date: Apr 2001
Location: in the present moment
How do the Denver Broncos structure their player contracts?
Don't know if this has been posted.
A look at the Broncos' player contracts from a former sports agent.
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A former sports agent, Joel Corry, analyzed how each team in the NFL structures its deals with their players. The story evolved from the fallout of the Colin Kaepernick deal that looked huge, but really wasn't all that big of a commitment from where the San Francisco 49ers were sitting.
Let's take a look at how John Elway and the Denver Broncos structured their deal with Aqib Talib this offseason.
The Broncos primarily structure their most lucrative contracts with modest signing bonuses, a first-year roster bonus a few days after signing and salary guarantees in the early years of the deals. Most of the guarantees after the first year of a contract are conditional guarantees that allow the Broncos to exit these deals without adverse cap consequences. Aqib Talib's six-year, $57 million contract containing a $5 million signing is a prime example. Since only $11.5 million of his $25.5 million in guarantees is fully guaranteed at signing (all in 2014) the Broncos can release Talib before the third day of the 2015 league year when his 2015 base salary becomes fully guaranteed if he is a disappointment or the off-the-field issues that plagued him in Tampa Bay reoccur. There would be $4 million in dead money (a charge for a player no longer on the roster) but the Broncos would gain $3 million in cap space despite paying Talib $12 million for just one season in Denver.
Many of you remember the salary cap hell that was the Mike Shanahan way, but that is decidedly not how Elway wants to do business. The Broncos are fully committed to Talib for 2014, but would suffer very little to cut ties with him if he absolutely needed to go after a potential disastrous season on his end. Everything is designed to protect the long term health of the franchise. As a fan, I love this.