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Herbert deal signed : 262M - 5 yrs extension


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9 minutes ago, nucci said:

No, he's not. He signed  market value at the time and will sign a bigger deal next time which will put him at the top of the scale....until the next QB signs....kind of a pattern for QBs in the NFL

True but the length of the contract is what makes Allen's a "steal."  His deal was essentially eight years (six year extension with two years left on rookie deal).  Herbert's is seven.  Hurts's was six.  Lamar's and Watson's was five years.  Mahomes's 12 year commitment is the biggest steal in the league.

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28 minutes ago, nucci said:

No, he's not. He signed  market value at the time and will sign a bigger deal next time which will put him at the top of the scale....until the next QB signs....kind of a pattern for QBs in the NFL

 

Agree and it really depends on year on year cap allocation. Allen is $18.5m on our cap this year. That is a bargain. He is scheduled to be $47m on our cap next year, that's less of a bargain (though I suspect another restructure will happen). Herbert will be a bargain for the next two years, then the cap hits will escalate and the Chargers will need to manage that year to year the way the Bills do with Allen and Chiefs do with Mahomes. And that is where I think Buffalo, KC and Baltimore (if you want to include Lamar in this) have an advantage over Cincinnati and the Chargers.... because the latter two have owners not known for spending money who I think are more likely to baulk at throwing up front money at their guy year after year after year to convert salary to bonus to free up cap space to improve the roster around them. 

Edited by GunnerBill
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52 minutes ago, Doc Brown said:

True but the length of the contract is what makes Allen's a "steal."  His deal was essentially eight years (six year extension with two years left on rookie deal).  Herbert's is seven.  Hurts's was six.  Lamar's and Watson's was five years.  Mahomes's 12 year commitment is the biggest steal in the league.

 

There were rumours about Mahomes agitating for a new deal in February and March. He ultimately came out and killed them, but they came from somewhere. Will be interesting to see when a formal re-negotiation (not just restructures) takes place. After 2025 (a year ahead of Allen) would be my guess. If it comes earlier that might have a knock on effect for us. 

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2 minutes ago, Bob Jones said:

Nobody is worth that much. Owners are dumb saps.

He’s actually worth more than that.  These guys have a unique skill that only a few people on the planet posses and that skill happens to generate a lot of publicity and money for franchises. Player values are artificially deflated by the salary cap. With the combination of his contract and commercial agreements with the club, Ronaldo is making over 200 million per year in Saudi. Without the cap, that’s what NFL QB contracts would look like. What’s Mahones worth in an upcapped world? 

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7 minutes ago, nucci said:

Based on the money the owners make from these players, many are worth it. 

Please explain this take. Dont the owners make most of their money from TV and media contracts, and it doesn’t matter whether their team sucks or they are a top contender? Don’t teams that suck still have pretty good attendance? Didn’t the Bills have good attendance during the 17 year playoff drought?

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2 minutes ago, Bob Jones said:

Please explain this take. Dont the owners make most of their money from TV and media contracts, and it doesn’t matter whether their team sucks or they are a top contender? Don’t teams that suck still have pretty good attendance? Didn’t the Bills have good attendance during the 17 year playoff drought?

They make the money from TV contracts because TV networks know millions watch games because of the players. Not sure your point on attendance though. Networks don't really care about that. Just people watching on TV

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2 minutes ago, Bob Jones said:

Please explain this take. Dont the owners make most of their money from TV and media contracts, and it doesn’t matter whether their team sucks or they are a top contender? Don’t teams that suck still have pretty good attendance? Didn’t the Bills have good attendance during the 17 year playoff drought?

Yes, but they still spent the same amount overall relative to the salary cap during the drought years.  The individual player contracts are simply accounting and apportionment of resources.  Given that the cap is a pre-determined percentage of revenue, it makes very little difference how that cap is divided up.  The only real exception to this is the amount of money that has to be either paid up front or put into escrow accounts as guarantees.  

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Just now, nucci said:

They make the money from TV contracts because TV networks know millions watch games because of the players. Not sure your point on attendance though. Networks don't really care about that. Just people watching on TV

Right, they watch MNF, or TNF, or SNF, or the “Game of the Week” pretty much even if the teams suck. So again, owners get paid in any case. Has there ever been a year where the networks new TV contracts’ costs were LESS than the previous contracts? Has the price of SB commercials ever gone down?

 

The point about attendance is that if you sell out every game, logically, an owner is going to make more money in tik sales and parking, and concessions vs if their attendance is low. But I’m saying that they come close to selling out every game, even if their team sucks, like the Bills did for 17 years, for example, so they (owners) STILL make bank.

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45 minutes ago, Bob Jones said:

Nobody is worth that much. Owners are dumb saps.

 

19 minutes ago, Bob Jones said:

Please explain this take. Dont the owners make most of their money from TV and media contracts, and it doesn’t matter whether their team sucks or they are a top contender? Don’t teams that suck still have pretty good attendance? Didn’t the Bills have good attendance during the 17 year playoff drought?

So are you saying the players shouldn’t make that much and the owners should pocket even more? I’m genuinely not understanding your take 

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7 minutes ago, Bob Jones said:

Right, they watch MNF, or TNF, or SNF, or the “Game of the Week” pretty much even if the teams suck. So again, owners get paid in any case. Has there ever been a year where the networks new TV contracts’ costs were LESS than the previous contracts? Has the price of SB commercials ever gone down?

 

The point about attendance is that if you sell out every game, logically, an owner is going to make more money in tik sales and parking, and concessions vs if their attendance is low. But I’m saying that they come close to selling out every game, even if their team sucks, like the Bills did for 17 years, for example, so they (owners) STILL make bank.

I agree with all you are saying. I just disagree with you saying owners are dumb saps for giving big contracts to  franchise QBs. Burrow contract will be similar or larger than Herbert's

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I think that the NFLPA will at some point agree a cap on QB salaries. They capped the rookies to help veteran players and it didn't work, whereas most (if not almost all) of the money went specifically to QBs. At the rate things are going they will soon make 100 million per season.

 

The contracts given to Herbert and Hurts (and I suppose 90 year old Rogers) are just insane. I am not a financial expert but as a layman, I cannot see how the current system can last. Maybe it can and the QB salaries will continue unbridled escalation, but it does seem like the RBs and some other players (the off. lineman on Dallas) are getting pissed off.

 

Anyway, just a preseason thought as the season approaches.

 

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45 minutes ago, JoPoy88 said:

Burrow’s deal is going to be massive.

I agree the Burrow contract will be huge. However, I think you're going to see less in guaranteed money than most people want to think. 

 

Burrow isn't stupid. He knows that his best path to success is keeping his WR core intact. I'm willing to bet he will take less in guaranteed cash knowing that the Brown Family is cash strapped/frugal. This allows them to put some of that money in escrow for Higgins and soon Chase to stay. 

 

A top tier QB is going to see almost every dime of their contract because barring injury that alters their career or a shocking drop off of talent teams aren't moving on from them.  He's got time to take a bit less in guaranteed money now and parlay that into more down the road. 

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22 minutes ago, Bill from NYC said:

I think that the NFLPA will at some point agree a cap on QB salaries. They capped the rookies to help veteran players and it didn't work, whereas most (if not almost all) of the money went specifically to QBs. At the rate things are going they will soon make 100 million per season.

 

The contracts given to Herbert and Hurts (and I suppose 90 year old Rogers) are just insane. I am not a financial expert but as a layman, I cannot see how the current system can last. Maybe it can and the QB salaries will continue unbridled escalation, but it does seem like the RBs and some other players (the off. lineman on Dallas) are getting pissed off.

 

Anyway, just a preseason thought as the season approaches.

 

Has the salary cap percentage allocated changed all that much in say the last 20 years? I honestly don’t know. 

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6 minutes ago, Beast said:


Yeah, real dumb. Stupid billionaires.

LOL. Being rich doesn’t necessarily mean that you are smart, and NFL owners definitely fall in to this group. Exhibit A would be the recent Ocean Gate deep sea implosion, which killed some dumb rich guys. Most people…even poor ones…would not have gotten inside that death trap for free, let alone paid $250k for the trip.

 

And there are countless other examples, throughout history which demonstrate the same principle. Why do filthy rich people sometimes kill themselves by OD ing on drugs? Are they smart to do that?

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