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Breaking down Saints defensive end Alex Okafor's one-year contract

this is a discussion within the Saints Community Forum; Breaking down Saints defensive end Alex Okafor's one-year contract Josh Katzenstein, NOLA.com | The Times-Picayune The New Orleans Saints didn't have many top-tier options as they scanned the free-agent market for a pass rusher, but they managed to find someone ...

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Old 03-16-2017, 07:13 PM   #1
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Breaking down Saints defensive end Alex Okafor's one-year contract

Josh Katzenstein, NOLA.com | The Times-Picayune

The New Orleans Saints didn't have many top-tier options as they scanned the free-agent market for a pass rusher, but they managed to find someone who has performed well in the past and signed him to a reasonable deal.

Alex Okafor, who spent his first four seasons with the Arizona Cardinals, signed with the Saints Tuesday after some recruitment from New Orleans players, including his college teammate Kenny Vaccaro.

Okafor's contract resembles the one the Saints made for defensive tackle Nick Fairley last year. Like Fairley, Okafor has proven production on his resume -- 8 sacks in 2014 -- but comes to the Saints after a couple less impressive seasons.

Effectively, the 26-year-old Okafor signed a prove-it deal, one that will give him a chance to seek more money as a free agent in 2018 if he plays well. The same concept worked well for Fairley as he signed a four-year, $28 million deal last week after a strong performance in 2016.

Here are more details on Okafor's contract:
Signing bonus: $1 million
Total guarantee: $1 million
2017
Base salary: $935,000
Workout bonus: $65,000
Other bonus: Up to $1 million for playing time and sacks
http://www.nola.com/saints/index.ssf...rt_river_index
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Old 03-16-2017, 07:34 PM   #2
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Re: Breaking down Saints defensive end Alex Okafor's one-year contract

that's the way every contract in the league should be written
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Old 03-16-2017, 07:46 PM   #3
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Re: Breaking down Saints defensive end Alex Okafor's one-year contract

Depends on how you choose to see it....



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Old 03-16-2017, 08:25 PM   #4
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Re: Breaking down Saints defensive end Alex Okafor's one-year contract

Originally Posted by ScottF View Post
that's the way every contract in the league should be written
And exactly where would the rest of the money go?

The CBA specifies that something like 48% of leagure revenues be paid out in player salaries. There is a reason that the salary cap has grown to nearly $160 million when the number of players remains at 53.

Okafor got this contract because that's what currently the market bears. He does will, next year it may $7 million just like Fairley.

NFL players and owners collectively get billions of dollars because that's what the market will bear. So that's why the salaries are the way that they are.

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