BuffaloBillsForever Posted January 25, 2014 Posted January 25, 2014 Take Schwartz for instance. He is owed 12 million from the Lions with his previous contract from the Lions but we didn't hear anything about the terms with his new job with the Bills?
thurman34 Posted January 26, 2014 Posted January 26, 2014 From what I've heard, Schwartz will receive 12 million regardless, that's why some people were surprised he took a job this season. The Bills will pay a portion of the $12 million based on the contract they negotiated. For example, if he received a two year, 4 million dollar deal, the Lions would pay the remaining 8 million on the deal.
Captain Caveman Posted January 26, 2014 Posted January 26, 2014 From what I've heard, Schwartz will receive 12 million regardless, that's why some people were surprised he took a job this season. The Bills will pay a portion of the $12 million based on the contract they negotiated. For example, if he received a two year, 4 million dollar deal, the Lions would pay the remaining 8 million on the deal. So we're paying him minimum wage the next 2 seasons? If I was Schwartz that's what I would want.
ICanSleepWhenI'mDead Posted January 26, 2014 Posted January 26, 2014 (edited) Here's a law review article published in 2006 by two guys who reviewed actual NFL coach's contracts as described below: http://scholarship.l...ntext=sportslaw The sample size for our analysis of NFL coaching contracts was twenty-three contracts (included in the sample set were contracts for head coaches, coordinators, assistant coaches and strength coaches). Nineteen of the NFL's current thirty-two clubs were represented in the sample. NFL coaching contracts, unlike NFL player contracts, are not standardized and range in length from twenty-plus page head coaching contracts to cryptic, one- page letters of appointment. Notwithstanding their lack of uniformity, the majority of NFL coaching contracts contain a core set of fundamental provisions with similar, and in a few instances, exact language. The following analysis provides a review of important contract provisions derived from the sample set with some specific examples of unique or extraordinary provisions. From the introduction to the article: ][/size]The authors wish to thank Dennis Cordell, Todd Flanagan, Pat Kirwan, Bob Lamonte, Michael Lombardi, Trip McCracken, Jim Overdorf, Mike Tannenbaum, Denny Thum, and Bob Wallace for their insight in preparing this article. The description of various contractual provisions starts at about page 142. The following sentence at page 145 bears a footnote indicating that it summarizes the provisions of an un-named Buffalo Bills assistant coach's 2004 contract: Generally, upon termination without cause, the club is obligated to pay the coach equal installments of his base salary through the term of the contract. In each instance, however, the club is entitled to offset this obligation against any and all income, fees, salary, royalties, etc. - with the exception of investment income - against the amount due the coach. There is a great deal more info about how NFL coach's contracts work in the link. Edited January 26, 2014 by ICanSleepWhenI'mDead
Ed_Formerly_of_Roch Posted January 26, 2014 Posted January 26, 2014 So sounds like even if the ex coach gets a job in the TV booth or being a motivational speaker, any monies received offset the salary owed by former team. I would have expected it to only include actual NFL team money, but apparently not.
PromoTheRobot Posted January 26, 2014 Posted January 26, 2014 From what I've heard, Schwartz will receive 12 million regardless, that's why some people were surprised he took a job this season. The Bills will pay a portion of the $12 million based on the contract they negotiated. For example, if he received a two year, 4 million dollar deal, the Lions would pay the remaining 8 million on the deal. What does this tell you about how they league views the Bills now? Schwartz could have sat out a year but he chose to coach the Bills. Maybe knowing the Bills play in Detroit next year was a small factor? PTR
Big Turk Posted January 26, 2014 Posted January 26, 2014 What does this tell you about how they league views the Bills now? Schwartz could have sat out a year but he chose to coach the Bills. Maybe knowing the Bills play in Detroit next year was a small factor? PTR Not every year a coaching vacancy with 4 probowlers and a rookie of the year at MLB comes open...
machine gun kelly Posted January 26, 2014 Posted January 26, 2014 Not every year a coaching vacancy with 4 probowlers and a rookie of the year at MLB comes open... Looks like a great way for a fired head coach to resurrect his credibility inheriting a unit with second highest sacks in league history, second in Int's, etc. He keeps this defense rolling, hopefully improves against the run, and in two years he'll get the nod for a head coaching gig again.
Ed_Formerly_of_Roch Posted January 26, 2014 Posted January 26, 2014 These guys have coached all their life, they want to keep coaching, Swartz may be around here for awhile as considering everything thta went down in Detroit, can't see him getting another chance that fast. Then again Belechk got a second chance after Cleveland. Between thier won/loss record and his personality, kind of surprising. But then again it was somewhat of an unusual situation with him the Jet's and Parsells. Trying to recall how that went down. We went with BP to the Jet's as the DC, then Kraft hired him as HC right before BP quit and then thet Jets' tried to make him their HC?? Or was it the opposite order??
swnybillsfan Posted January 26, 2014 Posted January 26, 2014 Looks like a great way for a fired head coach to resurrect his credibility inheriting a unit with second highest sacks in league history, second in Int's, etc. He keeps this defense rolling, hopefully improves against the run, and in two years he'll get the nod for a head coaching gig again. this makes a lot of sense, especially when it seems that 6-8 head coaching jobs are coming up yearly. show the nfl why you were a hot commodity in the first place and wait for the phones to ring.
BuffaloBill Posted January 26, 2014 Posted January 26, 2014 From what I've heard, Schwartz will receive 12 million regardless, that's why some people were surprised he took a job this season. The Bills will pay a portion of the $12 million based on the contract they negotiated. For example, if he received a two year, 4 million dollar deal, the Lions would pay the remaining 8 million on the deal. Not necessarily true as it depends on what is guaranteed in his original contract. It is certainly a possibility that the amount that he is paid by the Lions is offset by what is paid by the Bills. It may also be the case that he is free to collect both in full. It simply depends on what he and his agent negotiated with the Lions. In either case he will not go hungry and homeless this year.
BarleyNY Posted January 27, 2014 Posted January 27, 2014 So sounds like even if the ex coach gets a job in the TV booth or being a motivational speaker, any monies received offset the salary owed by former team. I would have expected it to only include actual NFL team money, but apparently not. I agreed. It makes one wonder why there aren't some coaches in that position with very low salaries during the offset portion of the contract and then much larger ones after.
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