Reminder for 2024 free agency: ALWAYS wait for the full details of a contract to come out!

[Logic]

I feel like we go through this every year: 

An announcement is made that Player X has signed or re-signed with a team, and there's immediately a 20-page thread over-reacting, calling it an overpay, etc, etc.

REMEMBER: The first announcement of a player signing that gets made and posted on Twitter and news outlets always comes from the player's agent, and is always stated in a way that sounds as favorable as possible to the player in question. 

It is always, ALWAYS necessary to wait until the full contract details come out, because they often paint a MUCH different picture. How much of the contract is guaranteed? How much came in the form of a signing bonus? How much is based on incentives? How likely are those incentives to be earned? Are there void years?

First reports of signings are always incomplete and often inaccurate and often don't tell the whole story. Wait until more details are known before passing judgement.

***Added note for 2024: The salary cap going up an extra 10-15 million beyond what was expected will also result in larger contracts. This year's $10 million contract is not last year's $10 million contract. Expect contract inflation. Adjust your "shocked eyeballs" emojis accordingly***
 

[TheyCallMeAndy]

Pin this thread! 

[DJB]

No! 
 

I will overreact immediately make 4 threads on it!

[Warriorspikes51]

Yes. I‘ve agreed to terms on a 20 year deal worth up to 500 million. However, 499,999,999.99 is incentives. My base salary per year is a Vidler’s Nickel. I’ve agreed to convert this year’s base into a signing bonus

[jahnyc]

I probably just overreacted on the Rapp signing.

[TBBills Fan]

No I will over react and you will like it

[Ya Digg?]

People on here are usually pretty level headed, as today’s news shows, I’m sure everyone will be calm, cool, and collected when signing news comes out. Not really sure why you would think anyone here would overreact, that’s just preposterous!