Clarett signs - The Orange Mane

big56fan#1 · 07-28-2005, 05:39 PM

Updated: July 28, 2005, 8:36 PM ET
Clarett wants to prove he's worthy of first-round moneyBy John Clayton
ESPN.com

Maurice Clarett, who legally challenged the league for early entry, still hasn't given up the thought he should have been a first-round choice in the NFL.

Instead of suing the league, Clarett came up with a novel approach. He is putting his money where his mouth is. On Thursday, he signed a four-year contract in which he gave up the $410,000 of guaranteed money in order to secure an incentive-laden deal that could eventually earn him $7 million.

The complex contract, which includes more than $5 million of performance escalators, forced the Broncos and Clarett's agents to negotiate well into Wednesday night. After a few hours of sleep, they resumed their talks Thursday morning and reached agreement by the afternoon. Clarett was the last pick in the third round of the draft.

The contract was negotiated by Steve Feldman, Josh Luchs and Clarett's attorney and advisor, David Kenner.

"This deal struck gives Maurice the opportunity to be paid like the first-round draft choice he was born to be," Feldman said.

Specifics of the contract are sketchy, but it works something like this. If Clarett gains 1,000 yards, he could hit an escalator worth more than $1 million, almost three times what he would have made in a signing bonus given to him by the Broncos.

The more he rushes for, the more he makes. He can max out at around $7 million.

This was Clarett's gamble. He has the confidence he can gain the yards and hit the $7 million figure. Rollovers give him a chance to make the big bumps in salary if he doesn't do it as a rookie.

To further show his commitment, he accepted no guarantees. The $410,000 the Broncos were willing to give him Thursday was put into workout bonuses in 2006, 2007 and 2008.

Clarett wants to prove he's a first-round talent. If he runs like a first-rounder, he could be paid like a first-rounder instead of a third-rounder.

John Clayton is a senior writer for ESPN.com.

big56fan#1 · 07-28-2005, 05:40 PM

Interesting to say the least

big56fan#1 · 07-28-2005, 05:43 PM

sorry all didnt it posted

RhymesayersDU · 07-28-2005, 05:43 PM

This is pretty cool, IMO. Let him work hard and earn every penny he gets.

baja · 07-28-2005, 05:43 PM

Fair enough...........

baja · 07-28-2005, 05:45 PM

Good we got the Ricky Williams special

TotallyScrewed · 07-28-2005, 05:48 PM

The dude is showing some serious confidence here. Do you think he's a competitor?? He sho-nuf put his money on the table. He knows how to stir the RB pot from the git go.

I love that sort of talk! Bring on camp.

elsid13 · 07-28-2005, 05:52 PM

Man, it's good the broncos, but I hope he doesn't dump his agent and want a new contract next year. Does anyone have idea what the cap looks like now?

Hogan11 · 07-28-2005, 05:56 PM

Quote:

Originally Posted by baja fan

Good we got the Ricky Williams special

That was my first thought as well....I'm happy with that.

watermock · 07-28-2005, 05:57 PM

Who would of thought it would be a complicated contract?

Who would of thought Chris would be the last rookie unsigned?

DBroncos4life · 07-28-2005, 05:57 PM

I like how its set up. He wins we win. More deals should be like this.

Billy Clyde Puckett · 07-28-2005, 05:58 PM

Great - It's put up or shut up time.

Heard on radio that Meyers contract is done and he is here. Just awaiting an official signing.

TotallyScrewed · 07-28-2005, 06:00 PM

"If Clarett gains 1,000 yards, he could hit an escalator worth more than $1 million, almost three times what he would have made in a signing bonus given to him by the Broncos.

The more he rushes for, the more he makes. He can max out at around $7 million."--

Kinda makes you wonder what he has to do to get $7M, don't it?

baja · 07-28-2005, 06:04 PM

It's a Super Bowl year boys and girls!!!!!!

Smilin Assassin · 07-28-2005, 06:07 PM

I think this says a lot about Mo.

Maybe he could actually get some positive press? (I'm not counting Salisbury)

From suing the league to telling the Broncos "make me earn it"...that's a pretty big leap.

Moon§hiner · 07-28-2005, 06:16 PM

Quote:

Originally Posted by baja fan

Good we got the Ricky Williams special

Heh...that was my first thought when I read the terms Baja.....I am impressed that he doesn't have a rap artist for an agent and realizes that he has some proving to do....I think the kid is going to leave here with lot more kudos from fans than Portis ever did....could be wrong

baja · 07-28-2005, 06:19 PM

Quote:

Originally Posted by MoonÂ§hiner

Heh...that was my first thought when I read the terms Baja.....I am impressed that he doesn't have a rap artist for an agent and realizes that he has some proving to do....I think the kid is going to leave here with lot more kudos from fans than Portis ever did....could be wrong

No doubt I got alot of new found respect for Mo too M-shiner

Play2win · 07-28-2005, 06:32 PM

I think all deals should be highly "incentive Laden". It is the solution to the problem. It would terribly cutdown on Hold-outs.

There would be a whole of alot less of this TO BS, of out-performing their contracts. If they were over-performing, they would get mass green, if they were under-performing, they would get the **** end of the stick. Its called life. Its called being fair. OH, WAIT, I forgot these are Pro Athletes were are talking about, they don't have to settle for **FAIR** !!!

In all honesty I *HOPE* this sets some sort of precedence for contract, in some sort of way...

Play2win · 07-28-2005, 06:36 PM

As a sidenote, maybe we can see alittle bit into why Bobby Turner was so Ape-**** over this guy...

(That new Denverbroncos.com website is DANK!!!)

FADERPROOF · 07-28-2005, 06:37 PM

Great...my Clarett jersey is currently in the mail...

DBroncos4life · 07-28-2005, 06:41 PM

Quote:

Originally Posted by FADERPROOF

Great...my Clarett jersey is currently in the mail...

I knew it!

elsid13 · 07-28-2005, 06:46 PM

Quote:

Originally Posted by FADERPROOF

Great...my Clarett jersey is currently in the mail...

Well at least you have your Clarett PJ

jebures · 07-28-2005, 07:34 PM

Updated: July 28, 2005, 8:39 PM ET
Clarett wants to prove he's worthy of first-round moneyBy John Clayton
ESPN.com

Maurice Clarett, who legally challenged the league for early entry, still hasn't given up the thought he should have been a first-round choice in the NFL.

Instead of suing the league, Clarett came up with a novel approach. He is putting his money where his mouth is. On Thursday, he signed a four-year contract in which he gave up the $410,000 of guaranteed money in order to secure an incentive-laden deal that could eventually earn him $7 million.

The complex contract, which includes more than $5 million of performance escalators, forced the Broncos and Clarett's agents to negotiate well into Wednesday night. After a few hours of sleep, they resumed their talks Thursday morning and reached agreement by the afternoon. Clarett was the last pick in the third round of the draft.

The contract was negotiated by Steve Feldman, Josh Luchs and Clarett's attorney and advisor, David Kenner.

"This deal struck gives Maurice the opportunity to be paid like the first-round draft choice he was born to be," Feldman said.

Specifics of the contract are sketchy, but it works something like this. If Clarett gains 1,000 yards, he could hit an escalator worth more than $1 million, almost three times what he would have made in a signing bonus given to him by the Broncos.

The more he rushes for, the more he makes. He can max out at around $7 million.

This was Clarett's gamble. He has the confidence he can gain the yards and hit the $7 million figure. Rollovers give him a chance to make the big bumps in salary if he doesn't do it as a rookie.

To further show his commitment, he accepted no guarantees. The $410,000 the Broncos were willing to give him Thursday was put into workout bonuses in 2006, 2007 and 2008.

Clarett wants to prove he's a first-round talent. If he runs like a first-rounder, he could be paid like a first-rounder instead of a third-rounder

big56fan#1 · 07-28-2005, 07:39 PM

This been posted already but its all good

scorpio · 07-28-2005, 07:39 PM

Wow. Now that's a confident kid.

07-28-2005, 05:52 PM	#8
elsid13 Lost In Space Bóg, Honor, Ojczyzna Join Date: Apr 2004 Location: DC Posts: 19,080	Man, it's good the broncos, but I hope he doesn't dump his agent and want a new contract next year. Does anyone have idea what the cap looks like now? Last edited by elsid13; 07-28-2005 at 05:55 PM..

07-28-2005, 07:34 PM	#23
jebures Perennial Pro-bowler Join Date: Feb 2005 Location: South Dakota Posts: 951 Adopt-a-Bronco: Eric Decker	Clarett, 4 year deal, worth up to 7 mill Updated: July 28, 2005, 8:39 PM ET Clarett wants to prove he's worthy of first-round moneyBy John Clayton ESPN.com Maurice Clarett, who legally challenged the league for early entry, still hasn't given up the thought he should have been a first-round choice in the NFL. Instead of suing the league, Clarett came up with a novel approach. He is putting his money where his mouth is. On Thursday, he signed a four-year contract in which he gave up the $410,000 of guaranteed money in order to secure an incentive-laden deal that could eventually earn him $7 million. The complex contract, which includes more than $5 million of performance escalators, forced the Broncos and Clarett's agents to negotiate well into Wednesday night. After a few hours of sleep, they resumed their talks Thursday morning and reached agreement by the afternoon. Clarett was the last pick in the third round of the draft. The contract was negotiated by Steve Feldman, Josh Luchs and Clarett's attorney and advisor, David Kenner. "This deal struck gives Maurice the opportunity to be paid like the first-round draft choice he was born to be," Feldman said. Specifics of the contract are sketchy, but it works something like this. If Clarett gains 1,000 yards, he could hit an escalator worth more than $1 million, almost three times what he would have made in a signing bonus given to him by the Broncos. The more he rushes for, the more he makes. He can max out at around $7 million. This was Clarett's gamble. He has the confidence he can gain the yards and hit the $7 million figure. Rollovers give him a chance to make the big bumps in salary if he doesn't do it as a rookie. To further show his commitment, he accepted no guarantees. The $410,000 the Broncos were willing to give him Thursday was put into workout bonuses in 2006, 2007 and 2008. Clarett wants to prove he's a first-round talent. If he runs like a first-rounder, he could be paid like a first-rounder instead of a third-rounder

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07-28-2005, 05:39 PM	#1
big56fan#1 Orange and Blue baby!!!! Join Date: Jul 2004 Location: Follansbee West Virgina Posts: 414	Clarett signs Updated: July 28, 2005, 8:36 PM ET Clarett wants to prove he's worthy of first-round moneyBy John Clayton ESPN.com Maurice Clarett, who legally challenged the league for early entry, still hasn't given up the thought he should have been a first-round choice in the NFL. Instead of suing the league, Clarett came up with a novel approach. He is putting his money where his mouth is. On Thursday, he signed a four-year contract in which he gave up the $410,000 of guaranteed money in order to secure an incentive-laden deal that could eventually earn him $7 million. The complex contract, which includes more than $5 million of performance escalators, forced the Broncos and Clarett's agents to negotiate well into Wednesday night. After a few hours of sleep, they resumed their talks Thursday morning and reached agreement by the afternoon. Clarett was the last pick in the third round of the draft. The contract was negotiated by Steve Feldman, Josh Luchs and Clarett's attorney and advisor, David Kenner. "This deal struck gives Maurice the opportunity to be paid like the first-round draft choice he was born to be," Feldman said. Specifics of the contract are sketchy, but it works something like this. If Clarett gains 1,000 yards, he could hit an escalator worth more than $1 million, almost three times what he would have made in a signing bonus given to him by the Broncos. The more he rushes for, the more he makes. He can max out at around $7 million. This was Clarett's gamble. He has the confidence he can gain the yards and hit the $7 million figure. Rollovers give him a chance to make the big bumps in salary if he doesn't do it as a rookie. To further show his commitment, he accepted no guarantees. The $410,000 the Broncos were willing to give him Thursday was put into workout bonuses in 2006, 2007 and 2008. Clarett wants to prove he's a first-round talent. If he runs like a first-rounder, he could be paid like a first-rounder instead of a third-rounder. John Clayton is a senior writer for ESPN.com.

07-28-2005, 05:40 PM	#2
big56fan#1 Orange and Blue baby!!!! Join Date: Jul 2004 Location: Follansbee West Virgina Posts: 414	Interesting to say the least

07-28-2005, 05:43 PM	#3
big56fan#1 Orange and Blue baby!!!! Join Date: Jul 2004 Location: Follansbee West Virgina Posts: 414	sorry all didnt it posted

07-28-2005, 05:43 PM	#4
RhymesayersDU Go Broncos, Nuggets, Rox GANGNAM STYLE Join Date: Apr 2004 Location: Back In The 303! Posts: 14,812 Adopt-a-Bronco: Ty Lawson	This is pretty cool, IMO. Let him work hard and earn every penny he gets.

07-28-2005, 05:43 PM	#5
baja It is what it Is. Pay attention. Join Date: Apr 2001 Posts: 53,784 Adopt-a-Bronco: Buy My Book	Fair enough...........

07-28-2005, 05:45 PM	#6
baja It is what it Is. Pay attention. Join Date: Apr 2001 Posts: 53,784 Adopt-a-Bronco: Buy My Book	Good we got the Ricky Williams special

07-28-2005, 05:48 PM	#7
TotallyScrewed Ring of Famer Join Date: Aug 2004 Posts: 1,597	The dude is showing some serious confidence here. Do you think he's a competitor?? He sho-nuf put his money on the table. He knows how to stir the RB pot from the git go. I love that sort of talk! Bring on camp.

07-28-2005, 05:57 PM	#10
watermock "Hoodie Jr" "Hug me!" Join Date: Jul 2001 Location: Hot Springs, Ouachitah Posts: 77,090	Who would of thought it would be a complicated contract? Who would of thought Chris would be the last rookie unsigned?

07-28-2005, 05:57 PM	#11
DBroncos4life Hey pic Mod!?!?! FU Why yes, that is Bacon Bacon. Join Date: Jun 2004 Location: The wrong side of right. Posts: 26,522	I like how its set up. He wins we win. More deals should be like this.

07-28-2005, 05:58 PM	#12
Billy Clyde Puckett Billy=Semi Tough Big Guy Looking down on KC, SD and Oakland Join Date: Jan 2004 Location: between 5,000 and 10,000 feet elevation Posts: 12,665 Adopt-a-Bronco: John Elway	Great - It's put up or shut up time. Heard on radio that Meyers contract is done and he is here. Just awaiting an official signing.

07-28-2005, 06:00 PM	#13
TotallyScrewed Ring of Famer Join Date: Aug 2004 Posts: 1,597	"If Clarett gains 1,000 yards, he could hit an escalator worth more than $1 million, almost three times what he would have made in a signing bonus given to him by the Broncos. The more he rushes for, the more he makes. He can max out at around $7 million."-- Kinda makes you wonder what he has to do to get $7M, don't it?

07-28-2005, 06:04 PM	#14
baja It is what it Is. Pay attention. Join Date: Apr 2001 Posts: 53,784 Adopt-a-Bronco: Buy My Book	It's a Super Bowl year boys and girls!!!!!!

07-28-2005, 06:07 PM	#15
Smilin Assassin Tradition Join Date: Apr 2004 Location: East Coast Posts: 1,620	I think this says a lot about Mo. Maybe he could actually get some positive press? (I'm not counting Salisbury) From suing the league to telling the Broncos "make me earn it"...that's a pretty big leap.

07-28-2005, 06:32 PM	#18
Play2win Ring of Famer Join Date: Nov 2003 Posts: 9,610 Adopt-a-Bronco: The Duke	I think all deals should be highly "incentive Laden". It is the solution to the problem. It would terribly cutdown on Hold-outs. There would be a whole of alot less of this TO BS, of out-performing their contracts. If they were over-performing, they would get mass green, if they were under-performing, they would get the ** end of the stick. Its called life. Its called being fair. OH, WAIT, I forgot these are Pro Athletes were are talking about, they don't have to settle for FAIR** !!! In all honesty I HOPE this sets some sort of precedence for contract, in some sort of way...

07-28-2005, 06:36 PM	#19
Play2win Ring of Famer Join Date: Nov 2003 Posts: 9,610 Adopt-a-Bronco: The Duke	As a sidenote, maybe we can see alittle bit into why Bobby Turner was so Ape-**** over this guy... (That new Denverbroncos.com website is DANK!!!)

07-28-2005, 06:37 PM	#20
FADERPROOF Bucknuts Colossus Join Date: Nov 2001 Location: Eastlake OH Posts: 17,338	Great...my Clarett jersey is currently in the mail...

07-28-2005, 07:39 PM	#24
big56fan#1 Orange and Blue baby!!!! Join Date: Jul 2004 Location: Follansbee West Virgina Posts: 414	This been posted already but its all good

07-28-2005, 07:39 PM	#25
scorpio Cubicle Pimp Join Date: Jan 2005 Posts: 3,498	Wow. Now that's a confident kid.