McNabb says Stafford hasn’t earned his contract

SloMotion · 07-14-2013, 01:57 PM

Originally Posted by TheOak

It happened.

Condon lost nothing he was paid his %of the first contract and the restructure doesn't change that. Condon doesn't lose .01 if Stafford joins the Taliban tomorrow.

Think about what you just said, Condon wouldn't let him lose money but Condon would let him sign a contract where 2 years of it were moot.... Why?

If you think those last two years are hypo, let that contract stand and Stafford pull a Hernandez next season, lets see of the league considers that dead money hypothetical.

I don't think it did. Professional contracts are a shell game ... now-you-see-it, now-you-don't. Doesn't mean it's not there. Condon wouldn't be a top NFL agent if he was in the habit of making those kind of deals. This is my logic:

- Stafford started out with approx. 6yrs/72mil (42mil guaranteed).

- In year 4, he restructures, foregoing years 5 & 6 of approx. 20mil each, but he is guaranteed 42mil of that contract, so he only didn't realize approx. 30mil of his original contract, not 40mil as it would appear by factoring his year 5 & 6 salaries.

- He is paid a 29mil signing bonus (approx). That covers approx. the 30mil he did not realize in years 5 & 6 of his first contract.

- His new contract is 5yrs/76mil (42mil guaranteed), which is better than 6yrs/72mil, more cap friendly at approx. 15mil a season for the length of the contract, nullifies years 5 & 6 of the original contract and adds a 3yr ext.

I think the money you think he's lost is reflected in the signing bonus (29mil) and the difference (4mil) in both deals.

07-14-2013, 01:57 PM	#32
SloMotion 5000 POSTS! + Join Date: Jan 2012 Posts: 6,776 Blog Entries: 15	Re: McNabb says Stafford hasn’t earned his contract Originally Posted by TheOak It happened. Condon lost nothing he was paid his %of the first contract and the restructure doesn't change that. Condon doesn't lose .01 if Stafford joins the Taliban tomorrow. Think about what you just said, Condon wouldn't let him lose money but Condon would let him sign a contract where 2 years of it were moot.... Why? If you think those last two years are hypo, let that contract stand and Stafford pull a Hernandez next season, lets see of the league considers that dead money hypothetical. I don't think it did. Professional contracts are a shell game ... now-you-see-it, now-you-don't. Doesn't mean it's not there. Condon wouldn't be a top NFL agent if he was in the habit of making those kind of deals. This is my logic: - Stafford started out with approx. 6yrs/72mil (42mil guaranteed). - In year 4, he restructures, foregoing years 5 & 6 of approx. 20mil each, but he is guaranteed 42mil of that contract, so he only didn't realize approx. 30mil of his original contract, not 40mil as it would appear by factoring his year 5 & 6 salaries. - He is paid a 29mil signing bonus (approx). That covers approx. the 30mil he did not realize in years 5 & 6 of his first contract. - His new contract is 5yrs/76mil (42mil guaranteed), which is better than 6yrs/72mil, more cap friendly at approx. 15mil a season for the length of the contract, nullifies years 5 & 6 of the original contract and adds a 3yr ext. I think the money you think he's lost is reflected in the signing bonus (29mil) and the difference (4mil) in both deals.

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