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Posted
13 minutes ago, Thurman#1 said:

 

 

I get this is how people talk today. But it still misrepresents what's happening.

 

It works really well to puff up the ego of whoever gets the contract.

 

But the time scheme makes it nonsense.

 

They say four years $220M. So you just divide $220 by four, right? Well, wrong. Because the $220 is correct, but it will in fact be paid over five years. $75M of it has already been paid.

 

So those numbers are not the reality in either cash terms nor cap terms.

 

In cash, he'll be receiving a total of $79M in 2024, $13M in 2025, $51M in 2026, $43M in 2027 and $45M in 2028.

 

By comparison, his cap hit will be $20.7M in 2024, $29.7M in 2025, $36.1M in 2026, $42.4M in 2027 and $74M in 2028.

 

So overall, he's not getting $220M for four years. He's getting in real terms, $224M in five years. (Still a hell of a lot of money, obviously, but not as much as it's spun to be.)

 

Same with everyone else. Anyone getting an extension can, and these days do, misstate the value by ignoring the other year(s) he's signed for.

 

 

Agents always talk in terms of “new money”. 
 

 

  • Agree 1
Posted (edited)

I remember when FilthyBeast was on a troll talking about how the team signed Allen too early and the Bills would regret it. 

Edited by Scott7975
Posted
8 hours ago, Thurman#1 said:

 

 

I get this is how people talk today. But it still misrepresents what's happening.

 

It works really well to puff up the ego of whoever gets the contract.

 

But the time scheme makes it nonsense.

 

They say four years $220M. So you just divide $220 by four, right? Well, wrong. Because the $220 is correct, but it will in fact be paid over five years. $75M of it has already been paid.

 

So those numbers are not the reality in either cash terms nor cap terms.

 

In cash, he'll be receiving a total of $79M in 2024, $13M in 2025, $51M in 2026, $43M in 2027 and $45M in 2028.

 

By comparison, his cap hit will be $20.7M in 2024, $29.7M in 2025, $36.1M in 2026, $42.4M in 2027 and $74M in 2028.

 

So overall, he's not getting $220M for four years. He's getting in real terms, $224M in five years. (Still a hell of a lot of money, obviously, but not as much as it's spun to be.)

 

Same with everyone else. Anyone getting an extension can, and these days do, misstate the value by ignoring the other year(s) he's signed for.

 

 

Agent speak. It fluffs all the egos involved

Posted

The Bills will be giving Josh a raise when the cap relief is there in 25.  (if the Tv court settlement doesn't reduce the cap, which is possible)  You need your #1 stud to be happy and content.  Its really not the money, its the respect. (I think)

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