wizardofodd
Resident Newlywed
New deal, 6 yr/$100 mil being reported...
Join the $100 million club Kap
- Thread starter wizardofodd
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Lareux
Guest
Link?
I only ask because the only thing I heard recently is that they will be opening up discussions with Kaep's agent sometime this week. I haven't seen anything about a possible deal or any type of terms, and couldn't find anything with a goolge 'news' search for Kaep.
I only ask because the only thing I heard recently is that they will be opening up discussions with Kaep's agent sometime this week. I haven't seen anything about a possible deal or any type of terms, and couldn't find anything with a goolge 'news' search for Kaep.
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Lareux
Guest
Nevermind, just found it. Here's the link...
http://www.cbssports.com/nfl/eye-on...k-49ers-agree-to-6-year-deal-110-million-deal
That was an awfully quick deal. Going to be a huge waste of money in a few years imo. Paying him that much money is absurd. He was just given $61 million in guaranteed money, more than anyone in the history of the NFL. This is Colin Kaepernick we are talking about right? Good fucking grief.
http://www.cbssports.com/nfl/eye-on...k-49ers-agree-to-6-year-deal-110-million-deal
That was an awfully quick deal. Going to be a huge waste of money in a few years imo. Paying him that much money is absurd. He was just given $61 million in guaranteed money, more than anyone in the history of the NFL. This is Colin Kaepernick we are talking about right? Good fucking grief.
wizardofodd
Resident Newlywed
LOL...$61 million! Kap and agent made out great!
Horrible how much these guys are getting paid now!
Horrible how much these guys are getting paid now!
Gorgolon Lives
The Reverend of CTG
He sets the new quarterback record for guaranteed money, surpassing Peyton Manning by $3 million and Aaron Rodgers and Jay Cutler by $7 million.
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Lareux
Guest
How long before the Niners regret this deal in a big way? What a fucking joke.
wizardofodd
Resident Newlywed
just horrible!
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Lareux
Guest
Even Niner fans have to be wondering why they gave him that much money right? I guess we'll have to see the specifics, but couldn't this deal potentially handcuff them with the salary cap if Kaep doesn't pan out to be what they obviously expect him to be? I just don't understand how anyone can justify this guy getting more money than Manning, Rogers, Brady, etc.
wizardofodd
Resident Newlywed
I'll tell you who is happier than Crapernick right now.
Russel Wilson
Russel Wilson
big_units
Pretty much a regular
i'm thinking that's exactly what it will do...and i look forward to seeing them pay for the mistake for years to come.
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Lareux
Guest
You're probably right. Wilson doesn't deserve anywhere near that kind of money either. I'm not saying that Wilson isn't good, but he's pretty much a product of that entire team....and that doesn't mean he's worth that kinda money. You could probably put at least half of the leagues QBs in Seattle and they would do what Wilson has done.
wizardofodd
Resident Newlywed
He's a much better QB than Kap. Can read defenses better and make better choices...well he has so far at least. And you right, he dont deserve that kind of money either, but he will get it. I'm sure Kap's agent used Cutlers contract just like Wilson's agent will use Cap's contract for negoations.
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Lareux
Guest
Oh, I agree that Wilson is a better QB than Kaep. I should have explained it better...but Wilson doesn't deserve the money that Kaep got today, and he's a better QB....but will most likely get even more than Kaep got today....which is just as ridiculous.
You're right about the agents using the most recent contracts as leverage points. It just pisses me off and disgusts me that this is what the NFL (and pro sports in general) has come to....that the next contract signed is the biggest in the league (and most set records for the particular position) every single time with 'bigger name' guys. Just because the guy before you signed the deal he did shouldn't mean you HAVE to get more than him, especially when some of these guys are nowhere near as good as the guys who signed the earlier deals. In what bizzaro universe should Kaep and Wilson (Cutler too) make more money than Rogers, Manning, Brady, Brees, etc?
The best guys in the league should get the most money, and just because you're a starting QB on a playoff, or even SB winning team shouldn't automatically entitle you to the most money in the league just because your contract is up next. It's absurd, and just yet another reason the NFL is becoming less and less watchable for me and many others (refereeing and the NFL's refusal to do something about it and ensure the games are officiated better, rule changes, scheduling changes with the Thursday game every week then talk of an 18 game season and now expanded playoffs, commercials after commercials after commercials, predictability that almost makes it looked fixed, the fact the NFL lobbies against allowing wagering on their games, yet fully back fantasy football by saying it isn't gambling, even going so far as to call it a "fun, family activity," etc, etc). Unfortunately, the sheep with the fantasy football craziness will keep watching in droves and legitimize what the NFL is doing in the NFL's eyes.
Sorry, I'll get off of my soapbox now....
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braves
Pretty much a regular
Doesn't appear this deal is quite as good as what it is being portrayed.
In response to our item suggesting that the Colin Kaepernick deal, trumpeted as being worth “up to” $126 million with $61 million guaranteed contains plenty of fluff, a league source with knowledge of the deal sent the details to PFT, and multiple other sources have chimed in on the contents of the contract.
As expected, there’s plenty of fluff.
Technically, the deal has $61 million guaranteed, even though $6 million of the guaranteed salary could evaporate (more on that later). Either way, only $13.073 million is guaranteed at signing. It comes in the form of a $12.328 million signing bonus, a base salary of $645,000, and a workout bonus of $100,000.
For 2014, 2015, 2016, 2017, and part of 2018, the base salaries are guaranteed only for injury. On April 1 of each year, the guarantees convert from injury only to fully guaranteed. That gives the 49ers the ability to decide, in any given year, to move on from Kaepernick. And with the deadline for the conversion of the guarantee coming on April 1, the 49ers can squat on his rights until several weeks after the start of free agency, making it harder for him to get paid elsewhere.
The base salary for 2015 is $12.4 million, guaranteed for injury only until April 1, 2015.
For 2016, the base salary is $13.9 million, guaranteed for injury only until April 1, 2016.
For 2017, the base salary is $16.5 million, guaranteed for injury only until April 1, 2017.
For 2018, the base salary is $17 million, $5.2 million of which is guaranteed for injury only until April 1, 2018.
The non-guaranteed base salary for 2019 is $18.8 million, and the non-guaranteed base salary for 2020 is $21 million.
In each year from 2015 through 2020, however, there’s a catch. A big one. The total payout potentially de-escalates by $2 million per year, with up to $12 million potentially going away.
Kaepernick can halt the de-escalation by taking, in any year of the deal, 80 percent of the snaps and if: (1) the 49ers appear in the Super Bowl; or (2) Kaepernick is named a first-team or second-team All-Pro. If he satisfies the requirement in 2014, the full $12 million remains. If he fails in 2014 but succeeds in 2015, $10 million stays. If he does it for the first time in 2016, $8 million remains. If he does it for the first time in 2017, $6 million stays — and so on until 2019, when if he satisfies the requirement that year for the first time $2 million stays in the deal for 2010.
It’s a convoluted way to pump up the base value of the deal artificially, allowing Kaepernick and his agents to claim that the deal is better than it will be, unless he satisfies the requirements to stop the de-escalator this year.
The contract also includes, starting in 2015, a whopping $2 million per year in per-game roster bonuses, an amount that one source characterized as “massive” in comparison to similar deals. It means that, for every game Kaepernick misses due to injury after the 2014 season, he loses $125,000.
Starting in 2015, $400,000 per year is tied to workout bonuses, which adds up to $2.4 million of the base value.
The contract also requires Kaepernick to purchase, with after-tax dollars, a disability policy that pays the 49ers $20 million if he suffers a career-ending injury.
As one source put it, Kaepernick can feel good about the deal because he has a lot more guaranteed money today than he had yesterday. But the same source also added that the 49ers are nevertheless “thrilled” with the contract, which allows them to control Kaepernick’s rights for seven years and to move on after any of the next six seasons, if they ultimately decide that Kaepernick is more like the guy who struggled at times during the 2013 regular season and less like the guy who found the gas pedal in the playoffs.
If they keep him, the average payout will be low in comparison to other franchise quarterbacks, and the difference will become glaring as other franchise quarterbacks get new deals under a salary cap that is expected to continue to spike.
In response to our item suggesting that the Colin Kaepernick deal, trumpeted as being worth “up to” $126 million with $61 million guaranteed contains plenty of fluff, a league source with knowledge of the deal sent the details to PFT, and multiple other sources have chimed in on the contents of the contract.
As expected, there’s plenty of fluff.
Technically, the deal has $61 million guaranteed, even though $6 million of the guaranteed salary could evaporate (more on that later). Either way, only $13.073 million is guaranteed at signing. It comes in the form of a $12.328 million signing bonus, a base salary of $645,000, and a workout bonus of $100,000.
For 2014, 2015, 2016, 2017, and part of 2018, the base salaries are guaranteed only for injury. On April 1 of each year, the guarantees convert from injury only to fully guaranteed. That gives the 49ers the ability to decide, in any given year, to move on from Kaepernick. And with the deadline for the conversion of the guarantee coming on April 1, the 49ers can squat on his rights until several weeks after the start of free agency, making it harder for him to get paid elsewhere.
The base salary for 2015 is $12.4 million, guaranteed for injury only until April 1, 2015.
For 2016, the base salary is $13.9 million, guaranteed for injury only until April 1, 2016.
For 2017, the base salary is $16.5 million, guaranteed for injury only until April 1, 2017.
For 2018, the base salary is $17 million, $5.2 million of which is guaranteed for injury only until April 1, 2018.
The non-guaranteed base salary for 2019 is $18.8 million, and the non-guaranteed base salary for 2020 is $21 million.
In each year from 2015 through 2020, however, there’s a catch. A big one. The total payout potentially de-escalates by $2 million per year, with up to $12 million potentially going away.
Kaepernick can halt the de-escalation by taking, in any year of the deal, 80 percent of the snaps and if: (1) the 49ers appear in the Super Bowl; or (2) Kaepernick is named a first-team or second-team All-Pro. If he satisfies the requirement in 2014, the full $12 million remains. If he fails in 2014 but succeeds in 2015, $10 million stays. If he does it for the first time in 2016, $8 million remains. If he does it for the first time in 2017, $6 million stays — and so on until 2019, when if he satisfies the requirement that year for the first time $2 million stays in the deal for 2010.
It’s a convoluted way to pump up the base value of the deal artificially, allowing Kaepernick and his agents to claim that the deal is better than it will be, unless he satisfies the requirements to stop the de-escalator this year.
The contract also includes, starting in 2015, a whopping $2 million per year in per-game roster bonuses, an amount that one source characterized as “massive” in comparison to similar deals. It means that, for every game Kaepernick misses due to injury after the 2014 season, he loses $125,000.
Starting in 2015, $400,000 per year is tied to workout bonuses, which adds up to $2.4 million of the base value.
The contract also requires Kaepernick to purchase, with after-tax dollars, a disability policy that pays the 49ers $20 million if he suffers a career-ending injury.
As one source put it, Kaepernick can feel good about the deal because he has a lot more guaranteed money today than he had yesterday. But the same source also added that the 49ers are nevertheless “thrilled” with the contract, which allows them to control Kaepernick’s rights for seven years and to move on after any of the next six seasons, if they ultimately decide that Kaepernick is more like the guy who struggled at times during the 2013 regular season and less like the guy who found the gas pedal in the playoffs.
If they keep him, the average payout will be low in comparison to other franchise quarterbacks, and the difference will become glaring as other franchise quarterbacks get new deals under a salary cap that is expected to continue to spike.
Gorgolon Lives
The Reverend of CTG
Yea looks like a sham deal. Good move for SF.
eggman
Pretty much a regular
Probably right after he hurts himself trying to run for a first down and gets laid out by a 4.5 running, 265lb MLB.
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