Bailey extends helping hand - The Orange Mane

dragondawg · 03-04-2007, 04:06 AM

Bailey extends helping hand

Broncos cornerback Champ Bailey restructured his contract, turning some salary into signing bonus. The move saved Denver about $3.5 million in cap room.

"Champ wants a ring and he wanted to help the team," said his agent, Jack Reale. "Anything Champ can do, he'll do."

Despite reports San Francisco signed cornerback Nate Clements to an eight- year contract worth $80 million, the deal actually averages $8 million a year.

Bailey remains the highest-paid cornerback in the NFL with a $9 million-a-year average.

http://www.denverpost.com/broncos/ci_5351841

-Slap- · 03-04-2007, 04:12 AM

No surprise.

kmartin575 · 03-04-2007, 04:17 AM

Restructuring may save money this year but it only adds a larger cap hit down the road.

Crushaholic · 03-04-2007, 04:19 AM

We need a whole team of Champ Baileys, both with the talent and the unselfishness...

DBroncos4life · 03-04-2007, 04:20 AM

Quote:

Originally Posted by kmartin575

Restructuring may save money this year but it only adds a larger cap hit down the road.

the cap gets larger every year so why should we worry about that?

Atlas · 03-04-2007, 04:32 AM

Quote:

Originally Posted by Crushaholic

We need a whole team of Champ Baileys, both with the talent and the unselfishness...

This cracks me up. How is what Champ did unselfish? He took money from his salary that wasn't even a sure thing he would get and turned it into a signing bonus which he gets now! How is that being unselfish? What do people expect him to say "No I don't want that money yet, Wait until I earn it."

This is good it creates room but it's not a statement of Bailey's unselfishness and more of a statement on Bowlen and what he is willing to do to win a Superbowl.

DBroncos4life · 03-04-2007, 04:36 AM

Quote:

Originally Posted by Atlas

This cracks me up. How is what Champ did unselfish? He took money from his salary that wasn't even a sure thing he would get and turned it into a signing bonus which he gets now! How is that being unselfish? What do people expect him to say "No I don't want that money yet, Wait until I earn it."

This is good it creates room but it's not a statement of Bailey's unselfishness and more of a statement on Bowlen and what he is willing to do to win a Superbowl.

His agent did say this after though.....

"Champ wants a ring and he wanted to help the team," said his agent, Jack Reale. "Anything Champ can do, he'll do."

Crushaholic · 03-04-2007, 04:38 AM

Quote:

Originally Posted by Atlas

This cracks me up. How is what Champ did unselfish? He took money from his salary that wasn't even a sure thing he would get and turned it into a signing bonus which he gets now! How is that being unselfish? What do people expect him to say "No I don't want that money yet, Wait until I earn it."

This is good it creates room but it's not a statement of Bailey's unselfishness and more of a statement on Bowlen and what he is willing to do to win a Superbowl.

Cap room is what we need here and cap room is what Champ is giving them. Champ deserves every penny of his money, but this gives the team more options...

Atlas · 03-04-2007, 04:46 AM

Quote:

Originally Posted by Crushaholic

Cap room is what we need here and cap room is what Champ is giving them. Champ deserves every penny of his money, but this gives the team more options...

I agree it's helping the team but Champ isn't doing anything. He is getting salary turned into a signing bonus. I never said he didn't earn it. But let's not say that he will do whatever is best for the team.

If he wants to do what's best for the team he would just take a pay cut. Rod Smith is taking a pay cut this year.

I remember those years Elway "helped" out the team. What he did was defer some of his salary to a later date of course there was interest added on to it but he did it for the good of the team.... whatever.

Clockwork Orange · 03-04-2007, 04:46 AM

Quote:

Originally Posted by Atlas

This cracks me up. How is what Champ did unselfish? He took money from his salary that wasn't even a sure thing he would get and turned it into a signing bonus which he gets now! How is that being unselfish? What do people expect him to say "No I don't want that money yet, Wait until I earn it."

This is good it creates room but it's not a statement of Bailey's unselfishness and more of a statement on Bowlen and what he is willing to do to win a Superbowl.

Actually, the Broncos should be thanking their lucky stars that Champ isn't demanding a raise after three straight first team All-Pro seasons and Nate Clements recently landing a richer contract than him. Asante Samuel will soon be pulling in more coin than him, too, but I doubt you'll hear him say a word about it.

Atlas · 03-04-2007, 04:53 AM

Quote:

Originally Posted by Clockwork Orange

Actually, the Broncos should be thanking their lucky stars that Champ isn't demanding a raise after three straight first team All-Pro seasons and Nate Clements recently landing a richer contract than him. Asante Samuel will soon be pulling in more coin than him, too, but I doubt you'll hear him say a word about it.

Actually according to the Denver Post Bailey is still the highest paid CB in the league.
I love Champ, He is worth evey penny but can we please stop with this "He is willing to do whatever it takes to win...." Nonesense.

Would there be anyone here if they were confronted at work by their boss and he said I would like to give you your next 6 months earnings in the form of a signing bonus not take it?

cutthemdown · 03-04-2007, 04:53 AM

Quote:

Originally Posted by kmartin575

Restructuring may save money this year but it only adds a larger cap hit down the road.

The only time you take a cap hit is if the player won't be on the team anymore. Turning salary into bonuses for guys like Champ is smart biz if you want to get best team possible out there. Fans need to stop worrying so much about the cap. It's totally dumbfounding to me that fans would care what players make. You do not write the checks. I only care Broncos do everything they possible can to get as many good players under contract as possible. The only time you really get into trouble is if you get dead money on the cap. The only way you get dead money is if you give big bonuses to players that don't perform or get injured and you have to get rid of them. The salary cap is not a hard cap. The cap can be manipulated by teams willing to spend.

chrisp · 03-04-2007, 04:55 AM

Quote:

Originally Posted by Atlas

If he wants to do what's best for the team he would just take a pay cut. Rod Smith is taking a pay cut this year.

As far as I know (unless I missed anything in all the confusion) Rod's restructure is not done yet? Admittedly the Broncos proably ARE asking Rod to take a real pay cut this time, but that's maybe also why the discussions aren't done yet

Having said that, I do agree that what Bailey is doing is not necessarily hurting him, so maybe his agent's choice of words are over-hyping things just a little.....but then that's agents for you - that's what they do :-)

Remember we're taking the accelerated cap hit for Jakes bonus this year, so thats a few mil off the cap for next year...that's probably where this comes from.

cutthemdown · 03-04-2007, 04:55 AM

Quote:

Originally Posted by Atlas

This cracks me up. How is what Champ did unselfish? He took money from his salary that wasn't even a sure thing he would get and turned it into a signing bonus which he gets now! How is that being unselfish? What do people expect him to say "No I don't want that money yet, Wait until I earn it."

This is good it creates room but it's not a statement of Bailey's unselfishness and more of a statement on Bowlen and what he is willing to do to win a Superbowl.

I agree this is just smart cap management. Players you really feel are core players are worth doing this for. Only way you get burnt is if Bailey got injured, turned crappy, or retired. None of those seem probable over the next 3-4 years so this is a low risk high reward move that helps Broncos get better.

Clockwork Orange · 03-04-2007, 04:58 AM

Quote:

Originally Posted by Atlas

Actually according to the Denver Post Bailey is still the highest paid CB in the league.

Not as far as the guaranteed money goes. Champ got $18 million up front, Clements got $22 million.

chrisp · 03-04-2007, 04:59 AM

one further point: cap-ology is a sophisticated busines these days, so i think that the only time you see a guy falling out with a team these days is when there is a difference between what a player thinks of himself and what the team thinks of him. In Bailey's case there is so little doubt about his ability and value that there is no question of what he's worth, just a question of how we get it to him

atomicbloke · 03-04-2007, 05:00 AM

Quote:

Originally Posted by cutthemdown

I agree this is just smart cap management. Players you really feel are core players are worth doing this for. Only way you get burnt is if Bailey got injured, turned crappy, or retired. None of those seem probable over the next 3-4 years so this is a low risk high reward move that helps Broncos get better.

Knocks on wood.

Please don't jinx us.

maven · 03-04-2007, 05:04 AM

Quote:

Originally Posted by Atlas

This cracks me up. How is what Champ did unselfish? He took money from his salary that wasn't even a sure thing he would get and turned it into a signing bonus which he gets now! How is that being unselfish? What do people expect him to say "No I don't want that money yet, Wait until I earn it."

This is good it creates room but it's not a statement of Bailey's unselfishness and more of a statement on Bowlen and what he is willing to do to win a Superbowl.

Good post!

Atlas · 03-04-2007, 05:10 AM

Quote:

Originally Posted by chrisp

As far as I know (unless I missed anything in all the confusion) Rod's restructure is not done yet? Admittedly the Broncos proably ARE asking Rod to take a real pay cut this time, but that's maybe also why the discussions aren't done yet

Having said that, I do agree that what Bailey is doing is not necessarily hurting him, so maybe his agent's choice of words are over-hyping things just a little.....but then that's agents for you - that's what they do :-)

Remember we're taking the accelerated cap hit for Jakes bonus this year, so thats a few mil off the cap for next year...that's probably where this comes from.

I agree with all of that. Champ has a good agent!!

Atlas · 03-04-2007, 05:12 AM

Quote:

Originally Posted by Clockwork Orange

Not as far as the guaranteed money goes. Champ got $18 million up front, Clements got $22 million.

Denver Post said Champ's deal is worth $1 milion more a year. I suppose it doesn't matter too much to Champ.

Kaylore · 03-04-2007, 05:14 AM

If I was Champ, I wouldn't take a pay cut. They guy is one of the best defenders in the game and he's not even the highest paid at his position. He earned all his money last year. I'm grateful for the restructure but if he doesn't take a pay cut, I wouldn't blame him one iota.

Clockwork Orange · 03-04-2007, 05:16 AM

Quote:

Originally Posted by Atlas

Denver Post said Champ's deal is worth $1 milion more a year. I suppose it doesn't matter too much to Champ.

That's over the length of the contract, which we all know doesn't mean a whole lot in the NFL. Players can be released at a moments notice and not see a dime of the base salary money that makes up the majority of the contract. The guaranteed money is the key.

watermock · 03-04-2007, 05:53 AM

The player that needs to do a serious rsdo is Rod

OrangeShadow · 03-04-2007, 06:02 AM

I dont really give a rats ass why champ does it, whether he wants to help the team or just wants his money now, it saves us cap room now and will probably help us sign a big free agent like kerney

Jens1893 · 03-04-2007, 06:03 AM

Quote:

Originally Posted by Kaylore

If I was Champ, I wouldn't take a pay cut. They guy is one of the best defenders in the game and he's not even the highest paid at his position. He earned all his money last year. I'm grateful for the restructure but if he doesn't take a pay cut, I wouldn't blame him one iota.

He is not taking a pay cut, he just turned some salary into a signing bonus so the Broncos can pro rate that money over the remainder of his contract. This move actually helps Champ in a way as he´s guaranteed to see that money and will probably get it ASAP whereas he´d have had to wait to get it as a salary. Champ is not getting a cent less.

Rod Smith on the other hand is being asked to take a pay cut.

03-04-2007, 04:06 AM	#1
dragondawg All Pro Join Date: Apr 2006 Posts: 2,009	Bailey extends helping hand Bailey extends helping hand Broncos cornerback Champ Bailey restructured his contract, turning some salary into signing bonus. The move saved Denver about $3.5 million in cap room. "Champ wants a ring and he wanted to help the team," said his agent, Jack Reale. "Anything Champ can do, he'll do." Despite reports San Francisco signed cornerback Nate Clements to an eight- year contract worth $80 million, the deal actually averages $8 million a year. Bailey remains the highest-paid cornerback in the NFL with a $9 million-a-year average. http://www.denverpost.com/broncos/ci_5351841

Thread Tools
Show Printable Version Email this Page
Display Modes
Linear Mode Switch to Hybrid Mode Switch to Threaded Mode

03-04-2007, 04:12 AM	#2
-Slap- Ring of Famer Join Date: Dec 2002 Posts: 31,895	No surprise.

03-04-2007, 04:17 AM	#3
kmartin575 Perennial Pro-bowler Join Date: May 2006 Posts: 886	Restructuring may save money this year but it only adds a larger cap hit down the road.

03-04-2007, 04:19 AM	#4
Crushaholic Armchair Poster Join Date: Dec 2003 Location: Topeka, KS Posts: 22,043	We need a whole team of Champ Baileys, both with the talent and the unselfishness...

03-04-2007, 04:59 AM	#16
chrisp Friend of the unsung Not into the football......yet Join Date: Jun 2003 Location: London UK Posts: 1,300 Adopt-a-Bronco: Danny Trevathan	one further point: cap-ology is a sophisticated busines these days, so i think that the only time you see a guy falling out with a team these days is when there is a difference between what a player thinks of himself and what the team thinks of him. In Bailey's case there is so little doubt about his ability and value that there is no question of what he's worth, just a question of how we get it to him

03-04-2007, 05:14 AM	#21
Kaylore 6-37, Raider fans. Yummy birds and snow! Join Date: Aug 2004 Location: Ceti Alpha V Posts: 41,051 Adopt-a-Bronco: Wesley Duke	If I was Champ, I wouldn't take a pay cut. They guy is one of the best defenders in the game and he's not even the highest paid at his position. He earned all his money last year. I'm grateful for the restructure but if he doesn't take a pay cut, I wouldn't blame him one iota.

03-04-2007, 05:53 AM	#23
watermock "Hoodie Jr" "Hug me!" Join Date: Jul 2001 Location: Hot Springs, Ouachitah Posts: 77,090	The player that needs to do a serious rsdo is Rod

03-04-2007, 06:02 AM	#24
OrangeShadow armed and dangerous Join Date: Jul 2004 Posts: 6,771	I dont really give a rats ass why champ does it, whether he wants to help the team or just wants his money now, it saves us cap room now and will probably help us sign a big free agent like kerney