New Orleans Saints agree to terms with safety Jairus Byrd

Danno · 03-12-2014, 09:25 AM

Originally Posted by TheOak

Ignore total contract $ focus only on guaranteed.

At the end of the day the deal will be evaluated on his success. If he balls out as a top safety it's a win, if he flops it's a loss even if it was a 5m contact.

A re-post...

54 million over 6 years, 28 million guaranteed?

All may not be what it seems. It could be sturctured like...

Year 1..salary 1 million + guaranteed 4.7 = 5.7 million
Year 2..salary 2 million + guaranteed 4.7 = 6.7 million
Year 3..salary 3 million + guaranteed 4.7 = 7.7 million
Year 4..salary 4 million + guaranteed 4.7 = 8.7 million
Year 5..salary 7 million + guaranteed 4.7 = 11.7 million
Year 6..salary 10 million + guaranteed 4.7 = 14.7 million

Care to guess when we ask him to restructure?

I know its likely not structured in that way, but you get the picture. Its more likely a 4 year contract at about 6 to 7 million/year, then restructure or cut in year 5

03-12-2014, 09:25 AM	#11
Danno Truth Addict Join Date: Dec 2003 Location: Spanish Fort, AL (via NO and B/R) Posts: 24,758	Re: New Orleans Saints agree to terms with safety Jairus Byrd Originally Posted by TheOak Ignore total contract $ focus only on guaranteed. At the end of the day the deal will be evaluated on his success. If he balls out as a top safety it's a win, if he flops it's a loss even if it was a 5m contact. A re-post... 54 million over 6 years, 28 million guaranteed? All may not be what it seems. It could be sturctured like... Year 1..salary 1 million + guaranteed 4.7 = 5.7 million Year 2..salary 2 million + guaranteed 4.7 = 6.7 million Year 3..salary 3 million + guaranteed 4.7 = 7.7 million Year 4..salary 4 million + guaranteed 4.7 = 8.7 million Year 5..salary 7 million + guaranteed 4.7 = 11.7 million Year 6..salary 10 million + guaranteed 4.7 = 14.7 million Care to guess when we ask him to restructure? I know its likely not structured in that way, but you get the picture. Its more likely a 4 year contract at about 6 to 7 million/year, then restructure or cut in year 5 K Major likes this.

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The Latest New Orleans Saints News \| SportSpyder	This thread	Refback	03-11-2014 09:43 PM	8
New Orleans Saints agree to terms with safety Jairus Byrd	This thread	Refback	03-11-2014 09:35 PM	44
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