BakoSaint

Last year Andrus Peat got $33 million guaranteed. This year Taysom Hill got $23 million guaranteed. What do these players have in common? Four things: they can’t stay healthy, don’t perform consistently, have no true position, and Mickey Loomis is their GM. How would the scheme work? The players agent would meet privately with Loomis. They would agree the player is trending down and unlikely to be in high demand in free agency. Loomis would sign the player to a contract of at least double their market value, and the agent would agree to transfer 50% of their commission to Loomis’ private account. Loomis cashes in, the agent gets at least the commission they would have gotten on the open market if not more, immediately, without injury risk, and can use the blockbuster contract to recruit new clients. Nick Fairley could possibly be another example. Can anyone think of a better explanation? Restructuring is one thing, but these deals are big guaranteed money for players with all the red flags. The timing of Taysom Hill coming off a 3 week concussion at age 31 is just egregious. He could take a big hit his next game and medically retire with $23 million salary for that game, and then we have $23 million less if Aaron Rodgers etc wants to come here in free agency and wants us to sign a WR.