Colin Kaepernick's 'Record' $126 Million Contract Was A Complete Sham

QBREES9 · 12-17-2014, 12:31 AM

A complete Sham: Um

http://finance.yahoo.com/news/colin-...162136580.html

Crusader · 12-17-2014, 12:37 AM

That sounds fair. Produce and get paid.

Tobias-Reiper · 12-17-2014, 01:21 AM

How is it a "sham"?

The total value of the contract can/could reach 126 mil if clauses are met... no one ever said it was guaranteed. And we all know those contracts never see the end.

SloMotion · 12-17-2014, 06:12 AM

... and he could receive as little as $25.9 million.

Meh, not bad for kissing your biceps and if you budget a little bit,

.

So my question would be, does a performance-laden contract like this count against a cap in it's full amount at the beginning of a season prior to performance-incentives being met? Or are they just considered to be 'out-there' in some sort of gray area of money that's not guaranteed?

Mardigras9 · 12-18-2014, 03:51 PM

This is how contracts should be anyway, might motivate. Surprised the players union allowed a performance based contract.
Of course, having to settle for 25 Million is just aweful, lol.

SmashMouth · 12-18-2014, 05:39 PM

Originally Posted by SloMotion

Meh, not bad for kissing your biceps and if you budget a little bit, .

So my question would be, does a performance-laden contract like this count against a cap in it's full amount at the beginning of a season prior to performance-incentives being met? Or are they just considered to be 'out-there' in some sort of gray area of money that's not guaranteed?

Is there a clause for just how many times he needs to kiss his biceps before the contract implodes?

QBREES9 · 12-20-2014, 12:23 AM

He' has taken a few step backwards.

SloMotion · 12-20-2014, 06:11 AM

Originally Posted by SmashMouth

Is there a clause for just how many times he needs to kiss his biceps before the contract implodes?

IDK, but he sure doesn't seem to be doing it as much lately,

. Oh well, somewhere it says, "pride goeth before destruction and a haughty spirit before a fall, #kaepernicking" ... I added the #kaepernicking,

... a little 'poetic license',

.

Hopefully the whole experience humbles him a bit and we can get back to just playing football,

... for the 'gamers' and just in time for Christmas:

12-17-2014, 12:31 AM	#1
QBREES9 Moderator Join Date: Sep 2007 Location: New Haven Ct Posts: 23,985	Colin Kaepernick's 'Record' $126 Million Contract Was A Complete Sham A complete Sham: Um http://finance.yahoo.com/news/colin-...162136580.html

12-17-2014, 12:37 AM	#2
Crusader Resident Swede Join Date: Sep 2005 Location: Märsta, Sweden Posts: 8,025	Re: Colin Kaepernick's 'Record' $126 Million Contract Was A Complete Sham That sounds fair. Produce and get paid. SloMotion likes this.

12-17-2014, 01:21 AM	#3
Tobias-Reiper Merces Letifer Join Date: Dec 2004 Posts: 4,161	Re: Colin Kaepernick's 'Record' $126 Million Contract Was A Complete Sham How is it a "sham"? The total value of the contract can/could reach 126 mil if clauses are met... no one ever said it was guaranteed. And we all know those contracts never see the end.

12-17-2014, 06:12 AM	#4
SloMotion 5000 POSTS! + Join Date: Jan 2012 Posts: 6,776 Blog Entries: 15	Re: Colin Kaepernick's 'Record' $126 Million Contract Was A Complete Sham ... and he could receive as little as $25.9 million. Meh, not bad for kissing your biceps and if you budget a little bit, . So my question would be, does a performance-laden contract like this count against a cap in it's full amount at the beginning of a season prior to performance-incentives being met? Or are they just considered to be 'out-there' in some sort of gray area of money that's not guaranteed?

12-18-2014, 03:51 PM	#5
Mardigras9 Site Donor 2015 Join Date: Dec 2010 Location: Land Mass between LA and AL Posts: 4,375	Re: Colin Kaepernick's 'Record' $126 Million Contract Was A Complete Sham This is how contracts should be anyway, might motivate. Surprised the players union allowed a performance based contract. Of course, having to settle for 25 Million is just aweful, lol.

Latest Blogs
2023 New Orleans Saints: Training Camp Last Blog: 08-01-2023 By: MarchingOn Puck the Fro Browl! Last Blog: 02-05-2023 By: neugey CFP: "Just Keep Doing What You're Doing" Last Blog: 12-08-2022 By: neugey

12-18-2014, 05:39 PM	#6
SmashMouth I donated, did you? Join Date: Sep 2007 Location: Mandeville, LA Posts: 38,210 Blog Entries: 29	Re: Colin Kaepernick's 'Record' $126 Million Contract Was A Complete Sham Originally Posted by SloMotion Meh, not bad for kissing your biceps and if you budget a little bit, . So my question would be, does a performance-laden contract like this count against a cap in it's full amount at the beginning of a season prior to performance-incentives being met? Or are they just considered to be 'out-there' in some sort of gray area of money that's not guaranteed? Is there a clause for just how many times he needs to kiss his biceps before the contract implodes? CharityMike likes this.

12-20-2014, 12:23 AM	#7
QBREES9 Moderator Join Date: Sep 2007 Location: New Haven Ct Posts: 23,985	Re: Colin Kaepernick's 'Record' $126 Million Contract Was A Complete Sham He' has taken a few step backwards.

12-20-2014, 06:11 AM	#8
SloMotion 5000 POSTS! + Join Date: Jan 2012 Posts: 6,776 Blog Entries: 15	Re: Colin Kaepernick's 'Record' $126 Million Contract Was A Complete Sham Originally Posted by SmashMouth Is there a clause for just how many times he needs to kiss his biceps before the contract implodes? IDK, but he sure doesn't seem to be doing it as much lately, . Oh well, somewhere it says, "pride goeth before destruction and a haughty spirit before a fall, #kaepernicking" ... I added the #kaepernicking, ... a little 'poetic license', . Hopefully the whole experience humbles him a bit and we can get back to just playing football, ... for the 'gamers' and just in time for Christmas:

LinkBacks (?) LinkBack to this Thread: https://blackandgold.com/nfl/70140-colin-kaepernicks-record-126-million-contract-complete-sham.html
Posted By	For	Type	Date	Hits
Colin Kaepernick's 'Record' $126 Million Contract Was A Complete Sham	This thread	Refback	12-17-2014 01:56 AM	9