IMO, how these "Guarantted Contracts" should be written

Pack93z
Select Member Topic Starter

14 years ago

This is how a team should keep the carrot out there on the player, yet protect the player in case of a career altering injury.

Guarantee it against injury, but not just a blanket guarantee.. well done Jets Brass.

Rhodes' contract contains a $4.78 million hole
Posted by Mike Florio on November 25, 2009 2:10 PM ET
In response to the news that the Jets have benched safety Kerry Rhodes, he likely can take some solace in his contract that pays him $20 million guaranteed, right?

Well, not completely.

A league source tells us that a large chunk of Rhodes' guaranteed money is guaranteed for injury only, and not for skill. So if the Jets cut Rhodes, the guaranteed money won't be paid.

So if the Jets opt to sever ties with Rhodes before the 2010 season, he won't earn a $2 million guaranteed (for injury only) roster bonus or a $2.78 million guaranteed (for injury only) base salary.

That's $4.78 million in supposedly guaranteed money that will evaporate if the benching is the first step toward a bumping of Rhodes from the roster.

As Rich Cimini of the New York Daily News points out, Rhodes has yet to register a single impact play in 10 games. He has zero interceptions, no sacks, no forced fumbles, and no fumble recoveries.

Cimini believes that the benching traces to Rhodes' failure to deliver a big hit to Pats receiver Wes Welker on Sunday, during a play in which Welker gained 15 yards.

As Cimini also points out, there are rumblings that Rhodes isn't sufficiently focused on football, given his fledgling acting and modeling career.

"PFTalk" wrote:

"The oranges are dry; the apples are mealy; and the papayas... I don't know what's going on with the papayas!"

Wanna join the discussion?! Login to your PACKERSHOME forum account or Register a new forum account

Nonstopdrivel
Preferred Member

14 years ago

Why should the team guarantee vast sums of money in case of injury? That's the job of an insurance company, not a sports franchise. If teams want to protect their players in case of career-ending injury -- a move I applaud, by the away -- they should be taking out disability policies on them. That way they reduce their investment; shift the majority of the risk to the insurance company, where it belongs; and prevent their players from being screwed over by the cold vagaries of chance.

IronMan
Veteran Member

14 years ago

"Nonstopdrivel" wrote:

I am pretty sure no insurance company out there would take on that kind of a risk.

dfosterf
Veteran Member

14 years ago

"IronMan" wrote:

I am pretty sure no insurance company out there would take on that kind of a risk.

"Nonstopdrivel" wrote:

They do, they don't, and they do.

It is negotiated. All depends on leverage and priorities of the various parties.

The insurance companies do offer these athletes insurance policies against injury.

I think you will find answers to all of that from a far more authoritative source than yours truly, if Brandt has an archive at NFP. Also the agent guy at the same place, mix/match. Between the two of them, they have answered those questions. It will take a bit of legwork.

All I can say is that I have read it from those two.

Pack93z
Select Member Topic Starter

14 years ago

My point is this.. if you are going to guarantee money, this is how to do it.

IMO.. they shouldn't guarantee contracts, but I can accept it in this type of arrangement.

"The oranges are dry; the apples are mealy; and the papayas... I don't know what's going on with the papayas!"

Important Information:

The PACKERSHOME uses cookies. By continuing to browse this site, you are agreeing to our use of cookies. More Details Close

Fan Shout

Zero2Cool (18m) : WR Marquez Valdes-Scantling to Bills

Zero2Cool (51m) : Jets and Aaron Rodgers open up on Monday Night Football,

Zero2Cool (16h) : $170 guaranteed. This might impact Jordan Love

Zero2Cool (16h) : Lions are signing QB Jared Goff to a four-year, $212 million extension

Zero2Cool (20h) : I know we moved on. That tidbit just makes me a touch happier.

Zero2Cool (20h) : Sources spoke of many, many times last summer where Hackett called a play, then Rodgers changed it completely at the line

Martha Careful (10-May) : 1. this is true of all our linemen. 2. His run block is fine. 3. If all OL played like he has, we would win SB.

beast (10-May) : Meyers pass blocking is really good, his run blocking is really not.

Zero2Cool (9-May) : Packers have claimed DE Spencer Waege off of waivers from the 49ers and waived DT Rodney Mathews.

Zero2Cool (9-May) : And the OL protections seem to be good.

Zero2Cool (9-May) : I really don't know lol. I don't see him getting blown up.

Zero2Cool (9-May) : -3 buwahhhahaaha

Mucky Tundra (9-May) : 4th

Zero2Cool (9-May) : because he's 1st

Mucky Tundra (9-May) : Myers isn't even the 3rd best C on the roster atm

Martha Careful (9-May) : I am not sure I understand the Myers hate. He was consistently our third best lineman. RG and LT were worse.

beast (9-May) : Just saying I don't think moving Myers would help Myers.

beast (9-May) : Center is usually considered the easiest position physically if you can handle the snap stuff.

Mucky Tundra (8-May) : Bust it is then

Zero2Cool (8-May) : Context. Sounds like Myers won't be cross-trained. C or bust.

Mucky Tundra (8-May) : @BookOfEli_NFL Packers pass game coordinator, Jason Vrable said that Jayden Reed and Dontayvion Wicks shared a placed in Florida while train

Mucky Tundra (8-May) : For now...

Zero2Cool (8-May) : Packers go about evaluating their "best five," OL coach Luke Butkus makes on thing clear: "Josh Myers is our center."

beast (8-May) : Though I'm a bit surprised letting go of CBs, I thought we needed more not less

beast (8-May) : It was confusing with two DB Anthony Johnson anyways

Zero2Cool (8-May) : Packers actually had Ray Lewis on the phone.

Zero2Cool (8-May) : Packers wanted to draft Ray Lewis. Ravens stole him.

Martha Careful (6-May) : Happy 93rd Birthday to the Greatest Baseball Player of All-Time...Willie Mays

Zero2Cool (6-May) : Walter Stanely's son

buckeyepackfan (6-May) : and released CB Anthony Johnson and DL Deandre Johnson and waived/injured WR Thyrick Pitts (thigh-rick).

buckeyepackfan (6-May) : The Green Bay Packers have signed WR Julian Hicks, OL Lecitus Smith (luh-SEET-us) and WR Dimitri Stanley

Zero2Cool (6-May) : Petty, but it's annoying me how the NFL is making the schedule release an event.

Mucky Tundra (4-May) : @mattschneidman Matt LaFleur on how he tore his pec: “Got in a fight with the bench press. I lost.”

Zero2Cool (3-May) : Jordan Love CAN sign an extension as of today. Might tak weeks/months though

TheKanataThrilla (3-May) : Packers decline 5th year option for Stokes

Mucky Tundra (3-May) : @ProFootballTalk Jaylen Warren: Steelers' special teams coach has discussed Justin Fields returning kicks.

Zero2Cool (2-May) : Season officially ending tonight for Bucks ... sad face

Zero2Cool (2-May) : Giannis Antetokounmpo is listed as out for tonight's game.

dfosterf (2-May) : Surprisingly low initially is my guess cap wise, but gonna pay the piper after that

dfosterf (2-May) : The number on Love is going to be brutal.

Zero2Cool (2-May) : May 3rd. Extension day for Jordan Love. (soonest)

Zero2Cool (1-May) : USFL MVP QB Alex McGough moved to WR. So that's why no WR drafted!

earthquake (1-May) : Packers draft starters at safety ever few years. Collins, Clinton-Dix, Savage

beast (1-May) : Why can't the rookies be a day 1 starter? Especially when we grabbed 3 of them at the position

dfosterf (1-May) : Not going to be shocked if Gilmore goes to the Lions.

dfosterf (1-May) : I hear you dhazer, but my guess would be Gilmore Colts and Howard Vikings from what little has been reported.

Mucky Tundra (30-Apr) : S learn from McKinney who learns from Hafley who learns from the fans. Guaranteed Super Bowl

Zero2Cool (30-Apr) : could*

Zero2Cool (29-Apr) : Safeties should learn from Xavier.

dhazer (29-Apr) : And what about grabbing a Gilmore or Howard at CB ? Those are all Free Agents left

Please sign in to use Fan Shout

2024 Packers Schedule