Even Payton Manning Understands

xan · 03-05-2015, 10:09 AM

What Will The Broncos Do With Extra Money?

Peyton Manning and the Denver Broncos have agreed on a new contract for the 2015 season in which the five-time NFL MVP will take a $4 million pay cut to provide more cash for the team to do business on the free-agent market, which opens with the new league year Tuesday.
Manning will make $15 million in base salary in 2015, league and team sources said, down from the $19 million he was scheduled to earn.
All that remains is for Manning to pass a physical exam, which he is expected to take Thursday, sources said. After that, he will sign the contract. The contract includes incentives that could take it back to $19 million -- $2 million for winning the AFC Championship Game and $2 million for winning the Super Bowl.

When the deal is finalized and signed, it will be Manning's 18th year in the NFL since the Indianapolis Colts selected him as the first pick in the 1998 NFL draft. He missed the 2011 season with a neck injury.

Peyton Manning, Denver Broncos agree on $4 million pay cut for 2015 - ESPN

I wonder what other grossly overpaid player should do for his organization? Yeah, Drew, talking to YOU. How committed are you to winning?

AsylumGuido · 03-05-2015, 10:34 AM

Once again, NO player restructures ever without gaining something in the deal. Manning DID NOT take a pay cut. His deal was simply restructured to open a bit of cap for the 2015 season.

2015 - $15M base salary + $2.5M restructuring bonus = $17.5M cap hit

2016 - $19M base salary + $2.5M restructuring bonus = $21.5M cap hit

The supposed $4M pay cut was actually at the very least a $1M increase in pay spread over the two years. In addition, the possible $4M in bonuses could make it a $5M increase in pay.

Believe me, Brees would go for this type of deal in a minute. Any player would. No star player ever takes a true pay cut, nor should they. Thinking they do is either naivety or stupidity. The media usually falls into the second category. I hope some of our fans fall into the first, instead.

Rsanders24 · 03-05-2015, 11:06 AM

Originally Posted by AsylumGuido

Once again, NO player restructures ever without gaining something in the deal. Manning DID NOT take a pay cut. His deal was simply restructured to open a bit of cap for the 2015 season.

2015 - $15M base salary + $2.5M restructuring bonus = $17.5M cap hit

2016 - $19M base salary + $2.5M restructuring bonus = $21.5M cap hit

The supposed $4M pay cut was actually at the very least a $1M increase in pay spread over the two years. In addition, the possible $4M in bonuses could make it a $5M increase in pay.

Believe me, Brees would go for this type of deal in a minute. Any player would. No star player ever takes a true pay cut, nor should they. Thinking they do is either naivety or stupidity. The media usually falls into the second category. I hope some of our fans fall into the first, instead.

You have a link for those numbers you posted for the bonus?

AsylumGuido · 03-05-2015, 11:24 AM

Peyton Manning's New Contract Details

Here you go. Never take what you read about contracts at face value.

spkb25 · 03-05-2015, 12:43 PM

Originally Posted by AsylumGuido

Once again, NO player restructures ever without gaining something in the deal. Manning DID NOT take a pay cut. His deal was simply restructured to open a bit of cap for the 2015 season.

2015 - $15M base salary + $2.5M restructuring bonus = $17.5M cap hit

2016 - $19M base salary + $2.5M restructuring bonus = $21.5M cap hit

The supposed $4M pay cut was actually at the very least a $1M increase in pay spread over the two years. In addition, the possible $4M in bonuses could make it a $5M increase in pay.

Believe me, Brees would go for this type of deal in a minute. Any player would. No star player ever takes a true pay cut, nor should they. Thinking they do is either naivety or stupidity. The media usually falls into the second category. I hope some of our fans fall into the first, instead.

dude, r u an attorney?

AsylumGuido · 03-05-2015, 03:28 PM

Originally Posted by spkb25

dude, r u an attorney?

No, but I have had enough business law courses and a degree in accounting to know how the intricacies of these contracts work. In management asset accounting you can play all sorts of tricks to make the books reflect values of assets, in this case, player salaries.

spkb25 · 03-05-2015, 05:06 PM

Originally Posted by AsylumGuido

No, but I have had enough business law courses and a degree in accounting to know how the intricacies of these contracts work. In management asset accounting you can play all sorts of tricks to make the books reflect values of assets, in this case, player salaries.

you always find out the details so I was thinking attorney, but that makes sense

AsylumGuido · 03-05-2015, 05:14 PM

Originally Posted by spkb25

you always find out the details so I was thinking attorney, but that makes sense

LOL. Lawyers usually get analysts like me to do their digging (dirty work) and get all the glory. I have worked for the past 18 years as a systems/business analyst.

SloMotion · 03-06-2015, 05:45 AM

Originally Posted by spkb25

you always find out the details so I was thinking attorney, but that makes sense

Or ...

hagan714 · 03-05-2015, 05:54 PM

Originally Posted by AsylumGuido

No, but I have had enough business law courses and a degree in accounting to know how the intricacies of these contracts work. In management asset accounting you can play all sorts of tricks to make the books reflect values of assets, in this case, player salaries.

that is all i ask him to do. juggle the books a bit. but given the whole sale player sale going on we might want to entertain offers just incase we get takers or get cut happy

03-05-2015, 10:09 AM	#1
xan Professor Crab and Site Donor 2014 Join Date: Oct 2004 Location: Princeton Posts: 3,372 Blog Entries: 34	Even Payton Manning Understands What Will The Broncos Do With Extra Money? Peyton Manning and the Denver Broncos have agreed on a new contract for the 2015 season in which the five-time NFL MVP will take a $4 million pay cut to provide more cash for the team to do business on the free-agent market, which opens with the new league year Tuesday. Manning will make $15 million in base salary in 2015, league and team sources said, down from the $19 million he was scheduled to earn. All that remains is for Manning to pass a physical exam, which he is expected to take Thursday, sources said. After that, he will sign the contract. The contract includes incentives that could take it back to $19 million -- $2 million for winning the AFC Championship Game and $2 million for winning the Super Bowl. When the deal is finalized and signed, it will be Manning's 18th year in the NFL since the Indianapolis Colts selected him as the first pick in the 1998 NFL draft. He missed the 2011 season with a neck injury. Peyton Manning, Denver Broncos agree on $4 million pay cut for 2015 - ESPN I wonder what other grossly overpaid player should do for his organization? Yeah, Drew, talking to YOU. How committed are you to winning?
	Calvin: "I wish I was a Tiger." Hobbes: "Common lament."

03-05-2015, 10:34 AM	#2
AsylumGuido 10000 POST CLUB Join Date: Sep 2007 Location: Bossier City, LA Posts: 26,472	Re: Even Payton Manning Understands Once again, NO player restructures ever without gaining something in the deal. Manning DID NOT take a pay cut. His deal was simply restructured to open a bit of cap for the 2015 season. 2015 - $15M base salary + $2.5M restructuring bonus = $17.5M cap hit 2016 - $19M base salary + $2.5M restructuring bonus = $21.5M cap hit The supposed $4M pay cut was actually at the very least a $1M increase in pay spread over the two years. In addition, the possible $4M in bonuses could make it a $5M increase in pay. Believe me, Brees would go for this type of deal in a minute. Any player would. No star player ever takes a true pay cut, nor should they. Thinking they do is either naivety or stupidity. The media usually falls into the second category. I hope some of our fans fall into the first, instead. lumm0x, jnormand, hagan714 and 6 others like this.
	Last edited by AsylumGuido; 03-05-2015 at 10:36 AM..

03-05-2015, 11:06 AM	#3
Rsanders24 1000 Posts + Join Date: Jan 2005 Location: Baton Rouge, LA. Posts: 1,482	Re: Even Payton Manning Understands Originally Posted by AsylumGuido Once again, NO player restructures ever without gaining something in the deal. Manning DID NOT take a pay cut. His deal was simply restructured to open a bit of cap for the 2015 season. 2015 - $15M base salary + $2.5M restructuring bonus = $17.5M cap hit 2016 - $19M base salary + $2.5M restructuring bonus = $21.5M cap hit The supposed $4M pay cut was actually at the very least a $1M increase in pay spread over the two years. In addition, the possible $4M in bonuses could make it a $5M increase in pay. Believe me, Brees would go for this type of deal in a minute. Any player would. No star player ever takes a true pay cut, nor should they. Thinking they do is either naivety or stupidity. The media usually falls into the second category. I hope some of our fans fall into the first, instead. You have a link for those numbers you posted for the bonus?

03-05-2015, 11:24 AM	#4
AsylumGuido 10000 POST CLUB Join Date: Sep 2007 Location: Bossier City, LA Posts: 26,472	Re: Even Payton Manning Understands Peyton Manning's New Contract Details Here you go. Never take what you read about contracts at face value. Danno, spkb25, B_Dub_Saint and 2 others like this.

03-05-2015, 12:43 PM	#5
spkb25 10000 POST CLUB Join Date: Aug 2004 Location: Baltimore, MD Posts: 13,115	Re: Even Payton Manning Understands Originally Posted by AsylumGuido Once again, NO player restructures ever without gaining something in the deal. Manning DID NOT take a pay cut. His deal was simply restructured to open a bit of cap for the 2015 season. 2015 - $15M base salary + $2.5M restructuring bonus = $17.5M cap hit 2016 - $19M base salary + $2.5M restructuring bonus = $21.5M cap hit The supposed $4M pay cut was actually at the very least a $1M increase in pay spread over the two years. In addition, the possible $4M in bonuses could make it a $5M increase in pay. Believe me, Brees would go for this type of deal in a minute. Any player would. No star player ever takes a true pay cut, nor should they. Thinking they do is either naivety or stupidity. The media usually falls into the second category. I hope some of our fans fall into the first, instead. dude, r u an attorney?

03-05-2015, 03:28 PM	#6
AsylumGuido 10000 POST CLUB Join Date: Sep 2007 Location: Bossier City, LA Posts: 26,472	Re: Even Payton Manning Understands Originally Posted by spkb25 dude, r u an attorney? No, but I have had enough business law courses and a degree in accounting to know how the intricacies of these contracts work. In management asset accounting you can play all sorts of tricks to make the books reflect values of assets, in this case, player salaries. hagan714 and Rugby Saint II like this.

03-05-2015, 05:06 PM	#7
spkb25 10000 POST CLUB Join Date: Aug 2004 Location: Baltimore, MD Posts: 13,115	Re: Even Payton Manning Understands Originally Posted by AsylumGuido No, but I have had enough business law courses and a degree in accounting to know how the intricacies of these contracts work. In management asset accounting you can play all sorts of tricks to make the books reflect values of assets, in this case, player salaries. you always find out the details so I was thinking attorney, but that makes sense

03-05-2015, 05:14 PM	#8
AsylumGuido 10000 POST CLUB Join Date: Sep 2007 Location: Bossier City, LA Posts: 26,472	Re: Even Payton Manning Understands Originally Posted by spkb25 you always find out the details so I was thinking attorney, but that makes sense LOL. Lawyers usually get analysts like me to do their digging (dirty work) and get all the glory. I have worked for the past 18 years as a systems/business analyst. spkb25, hagan714 and Rugby Saint II like this.

03-06-2015, 05:45 AM	#9
SloMotion 5000 POSTS! + Join Date: Jan 2012 Posts: 6,776 Blog Entries: 15	Re: Even Payton Manning Understands Originally Posted by spkb25 you always find out the details so I was thinking attorney, but that makes sense Or ... Rugby Saint II likes this.

03-05-2015, 05:54 PM	#10
hagan714 LB Mentallity Join Date: Dec 2005 Posts: 15,870 Blog Entries: 68	Re: Even Payton Manning Understands Originally Posted by AsylumGuido No, but I have had enough business law courses and a degree in accounting to know how the intricacies of these contracts work. In management asset accounting you can play all sorts of tricks to make the books reflect values of assets, in this case, player salaries. that is all i ask him to do. juggle the books a bit. but given the whole sale player sale going on we might want to entertain offers just incase we get takers or get cut happy

LinkBacks (?) LinkBack to this Thread: https://blackandgold.com/saints/71267-even-payton-manning-understands.html
Posted By	For	Type	Date	Hits
The Latest New Orleans Saints News \| SportSpyder	This thread	Refback	03-05-2015 11:54 AM	1
Even Payton Manning Understands	This thread	Refback	03-05-2015 11:23 AM	3